MARINE PRODUCTS CORP (MPX) Stock Technical Analysis
USA - NYSE:MPX - US5684271084 - Common Stock
9.24 USD
+0.1 (+1.09%)
9.24 USD
0 (0%)
Overall MPX gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, MPX is a bad performer.
When comparing the yearly performance of all stocks, MPX is a bad performer in the overall market: 63% of all stocks are doing better.
Warning: MPX has an average volume of 19948 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
MPX is part of the Leisure Products industry. There are 33 other stocks in this industry, MPX did better than 56% of them.
MPX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MPX is lagging the market.
In the last month MPX has a been trading in the 8.52 - 9.63 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
MPX has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 9.22, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for MPX in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
7.85
9.58
We found 3 important support areas.
- A support zone ranging from 8.76 to 9.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @8.54 from a trend line in the daily time frame.
- A support zone ranging from 7.93 to 7.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- Resistance @9.25 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 9.44 to 9.49. This zone is formed by a combination of multiple trend lines in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for MPX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MPX is up. |
| ChartMill Relative Strength | 37.86 | NEUTRAL | MPX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MPX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MPX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of MPX is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.08 | NEUTRAL | The RSI value for MPX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests MPX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 43.4 | NEUTRAL | The Stochastics value for MPX is a neutral value. |
| Average True Range in percent/ATR (20) | 3.51 | MEDIUM VOLATILITY | The ATR as a percentage value for MPX suggests some volalility. |
| Average Directional Index/ADX (14) | 12.73 | NEGATIVE | The low ADX value for MPX suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 9.26 | 8.84 | 0.42 (4.54%) | 22.05% |
| An entry @9.26. This is a Buy Stop order right above the resistance zone. | An exit @8.84. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.42 points, which is 4.54%. | For a 1.00% total portfolio risk, you can invest 22.05% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of MPX. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
9.24
+0.1 (+1.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryLeisure Products
Performance
% Chg1.09%
1 Week1.09%
2 Weeks2.44%
1 Month3.36%
3 Month6.21%
6 Month10.26%
12 Month-5.71%
2 Year-34.98%
3 Year9.22%
5 Year-40.92%
10 Year33.14%
15 Year50.49%
Volatility
ATR(14)0.32
ATR(20)%3.51%
ATR Inc-30.22%
Range Today0.13
ADR(20)0.31
ADR(20)%3.39%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS37.86
Mansfield-0.67
10 Day High9.63
10 Day Low8.85
20 Day High9.63
20 Day Low8.52
52 Week High10.32
52 Week Low7.49
CS1 End9.22
CR1 Start9.25
Volume & EV
DER(3)3.73%
DER(5)3.45%
Volume10.00K
Volume Incr-20.07%
Vol(5)17.96K
Vol(50)19.95K