MSC Technical Analysis - STUDIO CITY INTERNATIONA-ADR

Technical Rating and Analysis

Overall MSC gets a technical rating of 4 out of 10. In the last year, MSC was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.

MSC is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.

In the last month MSC has a been trading in the 3.10 - 6.63 range, which is quite wide. It is currently trading near the lows of this range.

Warning: MSC has an average volume of 26436 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.

Both the short term and long term trends are neutral. So this is not the most entertaining stock around.

When compared to the yearly performance of all other stocks, MSC outperforms 50% of them, which is more or less in line with the market.

MSC is part of the Hotels, Restaurants & Leisure industry. There are 133 other stocks in this industry, MSC did better than 54% of them.

Volume is considerably higher in the last couple of days.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

STUDIO CITY INTERNATIONA-ADR / MSC Weekly stock chart

STUDIO CITY INTERNATIONA-ADR / MSC Daily stock chart

Setup Rating and Analysis

MSC 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

3.41

4.92

We found 2 important support areas.

Support @3.84 from a horizontal line in the weekly time frame.
A support zone ranging from 3.44 to 3.49. This zone is formed by a combination of multiple trend lines in the daily time frame.

We can see 2 important resistance areas.

Resistance @4.68 from a trend line in the weekly time frame.
Resistance @4.87 from a trend line in the daily time frame.

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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	NEUTRAL	NEUTRAL	The long term trend for MSC is neutral.
ChartMill Short Term Trend Indicator	NEUTRAL	NEUTRAL	The short term trend for MSC is neutral.
ChartMill Relative Strength	50.51	NEUTRAL	MSC is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of MSC is below a declining SMA(20).
Simple Moving Average/SMA (50)	UP	MIXED	The current price of MSC is below the rising SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of MSC is below a declining SMA(200).
Relative Strength Index/RSI (14)	44.49	NEUTRAL	The RSI value for MSC is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.05	NEGATIVE	The MACD value suggests MSC has a negative trend.
Stochastics (14,3)	35.98	NEUTRAL	The Stochastics value for MSC is a neutral value.
Average True Range in percent/ATR (20)	14.85	HIGH VOLATILITY	The high ATR as a percentage value for MSC suggests high volalility.
Average Directional Index/ADX (14)	32.73	POSITIVE	The high ADX value value for MSC suggests a strong trend.