MONROE CAPITAL CORP (MRCC) Technical Analysis
NASDAQ:MRCC • US6103351010
Current stock price
MRCC Technical Rating and Analysis
Taking everything into account, MRCC scores 1 out of 10 in our technical rating. MRCC's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, MRCC is a bad performer in the overall market: 91% of all stocks are doing better.
- MRCC is one of the lesser performing stocks in the Capital Markets industry. 78% of 240 stocks in the same industry do better.
- MRCC is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MRCC is lagging the market.
- In the last month MRCC has a been trading in the 4.04 - 4.97 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
MRCC Weekly and Daily overview Charts
MRCC Setup Rating and Analysis
MRCC has a poor technical rating and the quality of the setup is also only medium at the moment. Prices have been consolidating lately.
More info and screens
MRCC Support and Resistance Analysis
4.46
When analyzing the support we notice one important area.
- Support @4.51 from a trend line in the daily time frame.
We can see 5 important resistance areas.
- A resistance zone ranging from 4.65 to 4.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 6.08 to 6.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @6.21 from a horizontal line in the daily time frame.
- Resistance @6.43 from a trend line in the daily time frame.
- Resistance @6.61 from a trend line in the weekly time frame.
MRCC 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 MRCC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MRCC is down. |
| ChartMill Relative Strength | 9.87 | NEGATIVE | MRCC has a low relative strength, it was outperformed by 90.13% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MRCC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MRCC is below a declining 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) | 41.32 | NEUTRAL | The RSI value for MRCC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests MRCC has a positive trend. |
| Stochastics (14,3) | 28.48 | NEUTRAL | The Stochastics value for MRCC is a neutral value. |
| Average True Range in percent/ATR (20) | 5.18 | HIGH VOLATILITY | The high ATR as a percentage value for MRCC suggests high volalility. |
| Average Directional Index/ADX (14) | 28.7 | POSITIVE | The high ADX value value for MRCC suggests a strong trend. |
MRCC Chart- and CandleStick Pattern Analysis
MRCC Technicals: Chart, Performance Metrics, Trend & Indicators
4.64
+0.1 (+2.2%)
MONROE CAPITAL CORP / MRCC TA FAQ
What is the technical rating for MRCC stock?
ChartMill assigns a technical rating of 1 / 10 to MRCC.
Can you provide the trend direction for MONROE CAPITAL CORP?
The current trend direction for MONROE CAPITAL CORP (MRCC) is Bearish.
What is the RSI signal for MRCC stock?
MONROE CAPITAL CORP (MRCC) has an RSI value of 41.3223. This indicates that the stock is currently neutral.
Can you provide the short term momentum for MONROE CAPITAL CORP?
The short term momentum for MONROE CAPITAL CORP (MRCC) is negative.
What are the support and resistance levels for MONROE CAPITAL CORP (MRCC) stock?
MONROE CAPITAL CORP (MRCC) has a support level at 4.51 and a resistance level at 4.65. Check the full technical report for our detailed analysis of MRCC support and resistance levels.