MONROE CAPITAL CORP (MRCC) Stock Technical Analysis
USA - NASDAQ:MRCC - US6103351010 - Common Stock
7 USD
-0.02 (-0.28%)
7 USD
0 (0%)
Taking everything into account, MRCC scores 2 out of 10 in our technical rating. MRCC performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
When comparing the yearly performance of all stocks, MRCC is a bad performer in the overall market: 67% of all stocks are doing better.
MRCC is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
MRCC is part of the Capital Markets industry. There are 237 other stocks in this industry, MRCC did better than 54% of them.
MRCC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MRCC is lagging the market.
MRCC has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
6.08
7.78
We found 3 important support areas.
- Support @6.84 from a trend line in the daily time frame.
- A support zone ranging from 6.31 to 6.31. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 6.14 to 6.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 7.54 to 7.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 MRCC is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MRCC is down. |
| ChartMill Relative Strength | 33.26 | NEUTRAL | MRCC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MRCC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of MRCC is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MRCC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.83 | NEUTRAL | The RSI value for MRCC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests MRCC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 71.5 | NEUTRAL | The Stochastics value for MRCC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.63 | MEDIUM VOLATILITY | The ATR as a percentage value for MRCC suggests some volalility. |
| Average Directional Index/ADX (14) | 35.38 | POSITIVE | The high ADX value value for MRCC suggests a strong 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)
7
-0.02 (-0.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-0.28%
1 Week0%
2 Weeks-0.85%
1 Month-8.26%
3 Month11.47%
6 Month-2.51%
12 Month-16.27%
2 Year3.24%
3 Year-7.65%
5 Year6.87%
10 Year-52.7%
15 YearN/A
Volatility
ATR(14)0.15
ATR(20)%2.63%
ATR Inc-48.5%
Range Today0.11
ADR(20)0.17
ADR(20)%2.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS33.26
Mansfield-1.51
10 Day High7.12
10 Day Low6.78
20 Day High7.76
20 Day Low6.78
52 Week High8.85
52 Week Low5.96
CS1 End6.84
CR1 Start7.54
Volume & EV
DER(3)0.43%
DER(5)-0.58%
Volume72.15K
Volume Incr-26.5%
Vol(5)74.53K
Vol(50)105.42K