MILLROSE PROPERTIES (MRP) Stock Technical Analysis
NYSE:MRP - New York Stock Exchange, Inc. - US6011371027 - REIT - Currency: USD
Overall MRP gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, MRP is a bad performer.
100% of all other stocks performed better in the past year than MRP.
MRP is part of the Specialized REITs industry. There are 30 other stocks in this industry, of which 96% are performing better than MRP.
The long and short term trends are both positive. This is looking good!
In the last month MRP has a been trading in the 26.91 - 30.00 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
MRP has an average volume of 1063600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although MRP has an excellent technical rating, it does not present a decent entry opportunity 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
26.93
30.17
We found 1 important support area.
- A support zone ranging from 27.20 to 27.76. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for MRP is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MRP is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | MRP has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MRP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MRP is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 65.32 | NEUTRAL | The RSI value for MRP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests MRP has a positive trend. |
| Stochastics (14,3) | 85.16 | OVERBOUGHT | The high Stochastics value suggests MRP may be overbought. |
| Average True Range in percent/ATR (20) | 2.52 | MEDIUM VOLATILITY | The ATR as a percentage value for MRP suggests some volalility. |
| Average Directional Index/ADX (14) | 21.51 | NEUTRAL | The ADX value for MRP suggests a possible start of a new 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)
29.87
+0.37 (+1.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustrySpecialized REITs
Performance
% Chg1.25%
1 Week6.56%
2 Weeks5.66%
1 Month8.11%
3 Month28.14%
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.8
ATR(20)%2.52%
ATR Inc7.09%
Range Today0.69
ADR(20)0.71
ADR(20)%2.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High30
10 Day Low27.47
20 Day High30
20 Day Low26.91
52 Week HighN/A
52 Week LowN/A
CS1 End27.76
CR1 StartN/A
Volume & EV
DER(3)1.16%
DER(5)0.6%
Volume1.09M
Volume Incr45.04%
Vol(5)1.47M
Vol(50)1.06M