MESABI TRUST (MSB) Stock Technical Analysis
USA - NYSE:MSB - US5906721015
Overall MSB gets a technical rating of 10 out of 10. Both in the recent history as in the last year, MSB has proven to be a steady performer, scoring decent points in every aspect analyzed.
MSB has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 32.46, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
23.36
4 important support areas can be observed.
- A support zone ranging from 32.21 to 32.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 28.93 to 29.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @26.42 from a trend line in the weekly time frame.
- Support @23.60 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @36.15 from a horizontal line in the daily 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 | UP | POSITIVE | The long term trend for MSB is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MSB is up. |
| ChartMill Relative Strength | 84.39 | POSITIVE | MSB has a high relative strength, it outperformed 84.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of MSB is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MSB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MSB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.77 | NEUTRAL | The RSI value for MSB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.18 | NEGATIVE | The MACD value suggests MSB has a negative trend. |
| Stochastics (14,3) | 34.56 | NEUTRAL | The Stochastics value for MSB is a neutral value. |
| Average True Range in percent/ATR (20) | 4.52 | MEDIUM VOLATILITY | The ATR as a percentage value for MSB suggests some volalility. |
| Average Directional Index/ADX (14) | 20.27 | NEUTRAL | The ADX value for MSB suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 34.46 | 33.28 | 1.18 (3.42%) | 25.00% |
| An entry @34.46. This is a Buy Stop order right above the 10 day moving average. | An exit @33.28. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.18 points, which is 3.42%. | For a 0.86% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of MSB. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
34.15
-0.73 (-2.09%)
MESABI TRUST / MSB FAQ
What is the technical rating for MSB stock?
ChartMill assigns a technical rating of 10 / 10 to MSB.
Can you provide the trend direction for MESABI TRUST?
The current trend direction for MESABI TRUST (MSB) is Bullish.
What is the RSI signal for MSB stock?
MESABI TRUST (MSB) has an RSI value of 51.7654. This indicates that the stock is currently neutral.
What is the buy/sell signal for MESABI TRUST (MSB) stock?
The buy/sell signal for MESABI TRUST (MSB) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for MESABI TRUST (MSB) stock?
MESABI TRUST (MSB) has a support level at 32.46 and a resistance level at 36.15. Check the full technical report for our detailed analysis of MSB support and resistance levels.