MARINE PRODUCTS CORP (MPX) Stock Technical Analysis
USA - NYSE:MPX - US5684271084 - Common Stock
8.52 USD
-0.48 (-5.33%)
8.52 USD
0 (0%)
Overall MPX gets a technical rating of 1 out of 10. 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.
76% of all other stocks performed better in the past year than MPX.
Warning: MPX has an average volume of 20894 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 neutral. So this is not the most entertaining stock around.
MPX is an average performer in the Leisure Products industry, it outperforms 50% of 33 stocks in the same industry.
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 8.26 - 9.24 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of MPX is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
7.85
9.58
When analyzing the support we can see 2 important areas.
- A support zone ranging from 8.33 to 8.38. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 7.93 to 8.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 8.73 to 8.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @9.08 from a trend line in the weekly time frame.
- A resistance zone ranging from 9.25 to 9.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | NEUTRAL | NEUTRAL | The long term trend for MPX is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MPX is neutral. |
| ChartMill Relative Strength | 24.25 | NEGATIVE | MPX has a low relative strength, it was outperformed by 75.75% 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) | 41.59 | NEUTRAL | The RSI value for MPX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests MPX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 58.9 | NEUTRAL | The Stochastics value for MPX is a neutral value. |
| Average True Range in percent/ATR (20) | 3.41 | MEDIUM VOLATILITY | The ATR as a percentage value for MPX suggests some volalility. |
| Average Directional Index/ADX (14) | 17.36 | 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)
8.52
-0.48 (-5.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryLeisure Products
Performance
% Chg-5.33%
1 Week-5.12%
2 Weeks-3.4%
1 Month-4.05%
3 Month0.59%
6 Month1.31%
12 Month-9.46%
2 Year-12.53%
3 Year-14.8%
5 Year-46.28%
10 Year20.51%
15 Year37.2%
Volatility
ATR(14)0.29
ATR(20)%3.41%
ATR Inc48.12%
Range Today0.5
ADR(20)0.29
ADR(20)%3.38%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.25
3 months CRS32.52
6 months CRS30.09
Mansfield-1.52
10 Day High9.24
10 Day Low8.45
20 Day High9.24
20 Day Low8.26
52 Week High10.32
52 Week Low7.49
CS1 End8.38
CR1 Start8.73
Volume & EV
DER(3)1.8%
DER(5)2.24%
Volume11.40K
Volume Incr-14.23%
Vol(5)18.14K
Vol(50)20.89K
MARINE PRODUCTS CORP / MPX FAQ
What is the ChartMill technical rating of MARINE PRODUCTS CORP (MPX) stock?
ChartMill assigns a technical rating of 1 / 10 to MPX.
Can you provide the trend direction for MARINE PRODUCTS CORP?
The current trend direction for MARINE PRODUCTS CORP (MPX) is Bearish.
What is the RSI signal for MPX stock?
MARINE PRODUCTS CORP (MPX) has an RSI value of 41.5885. This indicates that the stock is currently neutral.
What is the MACD signal for MPX stock?
The MACD indicator for MARINE PRODUCTS CORP (MPX) has a value of 0.0180178, indicating a bearish trend.