MESABI TRUST (MSB) 23.51 -0.88 (-3.61%)
23.51 -0.88 (-3.61%)
US5906721015
Technical Rating
We assign a technical rating of 5 out of 10 to MSB. In the last year, MSB was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
MSB is one of the better performing stocks in the Metals & Mining industry, it outperforms 85% of 975 stocks in the same industry.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
Looking at the yearly performance, MSB did better than 89% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
MSB is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Considerably lower volume is observed in the last couple of days.
In the last month MSB has a been trading in the 23.51 - 29.00 range, which is quite wide. It is currently trading near the lows of this range.
Statistics
Support/Resistance Analysis
18.41
28.79
2 important support areas can be observed.
- A support zone ranging from 23.45 to 23.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @18.60 from a trend line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @25.01 from a horizontal line in the daily time frame.
- A resistance zone ranging from 27.52 to 27.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @28.50 from a horizontal line in the weekly time frame.
Setup Analysis
Setup Rating
MSB has an average technical rating and the quality of the presented setup is also not ideal 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.
MESABI TRUST23.51
NYSE:MSB (3/24/2023, 8:04:00 PM)-0.88 (-3.61%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
Today-3.61%
1 Week-3.29%
2 Weeks-7.33%
1 Month-13.47%
3 Month29.96%
6 Month14.07%
Volatility
ATR(14)1.14
ATR(20)%5.86%
ATR Inc-31.58%
Range Today0.94
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.92
Mansfield0
10 Day High26
10 Day Low23.51
20 Day High29
20 Day Low23.51
52 Week High29.95
52 Week Low16.56
CS1 End23.5
CR1 Start25.01
Volume & EV
DER(3)-8.1%
DER(5)-2.95%
Volume29.10K
Volume Incr-61.27%
Vol(5)29.66K
Vol(50)67.15K
Technical Stock Screener Links
Technical Stock Screener
Find stocks with similar TA and Setup ratings on the USA
Best Technical Competitors Stock Screener
Find the competitors with the best technical ratings on the USA
Best Technical Setups Competitors Stock Screener
Find the competitors with the best technical and setup ratings on the USA