T-REX 2X LNG MICROSOFT DLY (MSFX) Stock Technical Analysis
NYSEARCA:MSFX • US26923N5793
We assign a technical rating of 0 out of 10 to MSFX. MSFX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 90% of all other stocks performed better in the past year than MSFX.
- MSFX is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month MSFX has a been trading in the 17.46 - 26.92 range, which is quite wide. It is currently trading near the lows of this range.
The technical rating of MSFX 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
17.39
2 important support areas can be observed.
- Support @17.98 from a horizontal line in the weekly time frame.
- Support @17.57 from a horizontal line in the daily time frame.
We can see 5 important resistance areas.
- A resistance zone ranging from 23.96 to 24.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 24.97 to 25.03. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @33.87 from a trend line in the weekly time frame.
- Resistance @37.10 from a horizontal line in the daily time frame.
- Resistance @38.03 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 | DOWN | NEGATIVE | The long term trend for MSFX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MSFX is down. |
| ChartMill Relative Strength | 10.46 | NEGATIVE | MSFX has a low relative strength, it was outperformed by 89.54% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MSFX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MSFX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MSFX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 31.06 | NEUTRAL | The RSI value for MSFX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests MSFX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 7 | OVERSOLD | The low Stochastics value suggests MSFX may be oversold. |
| Average True Range in percent/ATR (20) | 7.67 | HIGH VOLATILITY | The high ATR as a percentage value for MSFX suggests high volalility. |
| Average Directional Index/ADX (14) | 41.44 | POSITIVE | The high ADX value value for MSFX suggests a strong trend. |
17.99
+0.24 (+1.35%)
T-REX 2X LNG MICROSOFT DLY / MSFX FAQ
What is the ChartMill technical rating of T-REX 2X LNG MICROSOFT DLY (MSFX) stock?
ChartMill assigns a technical rating of 0 / 10 to MSFX.
What is the current trend direction of T-REX 2X LNG MICROSOFT DLY (MSFX) stock?
The current trend direction for T-REX 2X LNG MICROSOFT DLY (MSFX) is Bearish.
What is the RSI signal for T-REX 2X LNG MICROSOFT DLY (MSFX) stock?
T-REX 2X LNG MICROSOFT DLY (MSFX) has an RSI value of 31.0615. This indicates that the stock is currently neutral.
Can you provide the MACD signal for T-REX 2X LNG MICROSOFT DLY?
The MACD indicator for T-REX 2X LNG MICROSOFT DLY (MSFX) has a value of -0.0453595, indicating a bearish trend.
What is the buy/sell signal for T-REX 2X LNG MICROSOFT DLY (MSFX) stock?
The buy/sell signal for T-REX 2X LNG MICROSOFT DLY (MSFX) is sell as both the short term and long term trends are negative.