We assign a technical rating of 1 out of 10 to MRCC. MRCC 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 technical rating of MRCC 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
6.10
When analyzing the support we notice one important area.
- A support zone ranging from 6.16 to 6.21. This zone is formed by a combination of multiple trend lines in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 6.58 to 6.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 7.06 to 7.07. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @7.19 from a trend line in the weekly 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 | DOWN | NEGATIVE | The long term trend for MRCC is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MRCC is neutral. |
| ChartMill Relative Strength | 16.81 | NEGATIVE | MRCC has a low relative strength, it was outperformed by 83.19% 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) | 48.32 | NEUTRAL | The RSI value for MRCC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests MRCC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 26.39 | NEUTRAL | The Stochastics value for MRCC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.77 | MEDIUM VOLATILITY | The ATR as a percentage value for MRCC suggests some volalility. |
| Average Directional Index/ADX (14) | 19.94 | NEGATIVE | The low ADX value for MRCC suggests a weak or negative trend. |
6.5
+0.18 (+2.85%)
MONROE CAPITAL CORP / MRCC FAQ
What is the technical rating for MRCC stock?
ChartMill assigns a technical rating of 1 / 10 to MRCC.
What is the trend direction for MRCC stock?
The current trend direction for MONROE CAPITAL CORP (MRCC) is Bearish.
Can you provide the RSI signal for MONROE CAPITAL CORP?
MONROE CAPITAL CORP (MRCC) has an RSI value of 48.3151. This indicates that the stock is currently neutral.
What is the short term momentum for MONROE CAPITAL CORP (MRCC) stock?
The short term momentum for MONROE CAPITAL CORP (MRCC) is neutral.
What is the support and resistance level for MRCC stock?
MONROE CAPITAL CORP (MRCC) has a support level at 6.21 and a resistance level at 6.58. Check the full technical report for our detailed analysis of MRCC support and resistance levels.