
USA - New York Stock Exchange - NYSE:MRF -
Taking everything into account, MRF scores 2 out of 10 in our technical rating. MRF has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The technical rating of MRF 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.
7.52
When analyzing the resistance we notice one important area.
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 MRF is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MRF is down. |
| ChartMill Relative Strength | 52.14 | NEUTRAL | MRF is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of MRF is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MRF is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of MRF is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.64 | NEUTRAL | The RSI value for MRF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests MRF has a negative trend. |
| Average True Range in percent/ATR (20) | 0.58 | LOW VOLATILITY | The low ATR as a percentage value for MRF suggests low volalility. |
NYSE:MRF (9/5/2014, 7:59:59 PM)
7.6
-0.02 (-0.26%)
ChartMill assigns a technical rating of 2 / 10 to MRF.
The current trend direction for American (MRF) is Bearish.
American (MRF) has an RSI value of 40.6423. This indicates that the stock is currently neutral.
The MACD indicator for American (MRF) has a value of -0.00143016, indicating a bearish trend.
The buy/sell signal for American (MRF) is sell as both the short term and long term trends are negative.