MARINE PRODUCTS CORP (MPX) Technical Analysis
NYSE:MPX • US5684271084
Current stock price
MPX Technical Rating and Analysis
Taking everything into account, MPX scores 0 out of 10 in our technical rating. MPX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 83% of all other stocks performed better in the past year than MPX.
- MPX is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so MPX is lagging the market.
- MPX is part of the Leisure Products industry. There are 32 other stocks in this industry, MPX did better than 51% of them.
- In the last month MPX has a been trading in the 6.83 - 7.62 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
MPX Weekly and Daily overview Charts
MPX Setup Rating and Analysis
Although the technical rating is bad, MPX does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 7.07, 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
MPX Support and Resistance Analysis
6.93
When analyzing the support we notice one important area.
- A support zone ranging from 7.00 to 7.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 7.19 to 7.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @7.49 from a horizontal line in the daily time frame.
- A resistance zone ranging from 9.55 to 9.65. This zone is formed by a combination of multiple trend lines in the weekly time frame.
MPX Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for MPX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MPX is down. |
| ChartMill Relative Strength | 17.64 | NEGATIVE | MPX has a low relative strength, it was outperformed by 82.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MPX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MPX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MPX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.09 | NEUTRAL | The RSI value for MPX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests MPX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 35.48 | NEUTRAL | The Stochastics value for MPX is a neutral value. |
| Average True Range in percent/ATR (20) | 2.6 | MEDIUM VOLATILITY | The ATR as a percentage value for MPX suggests some volalility. |
| Average Directional Index/ADX (14) | 27.72 | POSITIVE | The high ADX value value for MPX suggests a strong trend. |
MPX Chart- and CandleStick Pattern Analysis
MPX Technicals: Chart, Performance Metrics, Trend & Indicators
7.18
-0.03 (-0.42%)
MARINE PRODUCTS CORP / MPX TA FAQ
What is the ChartMill technical rating of MARINE PRODUCTS CORP (MPX) stock?
ChartMill assigns a technical rating of 0 / 10 to MPX.
What is the current trend direction of MARINE PRODUCTS CORP (MPX) stock?
The current trend direction for MARINE PRODUCTS CORP (MPX) is Bearish.
What is the RSI signal for MARINE PRODUCTS CORP (MPX) stock?
MARINE PRODUCTS CORP (MPX) has an RSI value of 38.0865. This indicates that the stock is currently neutral.
Can you provide the MACD signal for MARINE PRODUCTS CORP?
The MACD indicator for MARINE PRODUCTS CORP (MPX) has a value of 0.052078, indicating a bearish trend.
What is the buy/sell signal for MPX stock?
The buy/sell signal for MARINE PRODUCTS CORP (MPX) is sell as both the short term and long term trends are negative.