American (MRF) Technical Analysis
NYSE:MRF
Current stock price
MRF Technical Rating and Analysis
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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- Warning: MRF has an average volume of 10065 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- When compared to the yearly performance of all other stocks, MRF outperforms 52% of them, which is more or less in line with the market.
- MRF is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MRF is lagging the market.
- In the last month MRF has a been trading in a tight range between 7.57 and 7.73.
- Considerably lower volume is observed in the last couple of days.
MRF Weekly and Daily overview Charts
MRF Setup Rating and Analysis
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.
More info and screens
MRF Support and Resistance Analysis
7.52
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 7.60 to 7.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
MRF 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 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. |
MRF Chart- and CandleStick Pattern Analysis
MRF Technicals: Chart, Performance Metrics, Trend & Indicators
NYSE:MRF (9/5/2014, 7:59:59 PM)
7.6
-0.02 (-0.26%)
American / MRF TA FAQ
What is the technical rating for MRF stock?
ChartMill assigns a technical rating of 2 / 10 to MRF.
What is the current trend direction of American (MRF) stock?
The current trend direction for American (MRF) is Bearish.
What is the RSI signal for American (MRF) stock?
American (MRF) has an RSI value of 40.6423. This indicates that the stock is currently neutral.
Can you provide the MACD signal for American?
The MACD indicator for American (MRF) has a value of -0.00143016, indicating a bearish trend.
Can you provide the short term momentum for American?
The short term momentum for American (MRF) is negative.