Msg Networks Inc (MSGN) Stock Technical Analysis
NYSE:MSGN - New York Stock Exchange, Inc. -
Overall MSGN gets a technical rating of 1 out of 10. MSGN has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
In the last month MSGN has a been trading in the 13.89 - 15.86 range, which is quite wide. It is currently trading near the lows of this range.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When compared to the yearly performance of all other stocks, MSGN outperforms 50% of them, which is more or less in line with the market.
MSGN is part of the Media industry. There are 98 other stocks in this industry, MSGN did better than 64% of them.
MSGN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MSGN is lagging the market.
Volume is considerably higher in the last couple of days.
The technical rating of MSGN 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
9.00
16.42
We found 2 important support areas.
- A support zone ranging from 14.16 to 14.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @9.09 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 14.64 to 14.67. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 15.30 to 15.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 15.72 to 15.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @16.26 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 | NEUTRAL | NEUTRAL | The long term trend for MSGN is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MSGN is down. |
| ChartMill Relative Strength | 50.32 | NEUTRAL | MSGN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MSGN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MSGN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of MSGN is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 36.62 | NEUTRAL | The RSI value for MSGN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests MSGN has a negative trend. |
| Stochastics (14,3) | 12.37 | OVERSOLD | The low Stochastics value suggests MSGN may be oversold. |
| Average True Range in percent/ATR (20) | 2.97 | MEDIUM VOLATILITY | The ATR as a percentage value for MSGN suggests some volalility. |
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)
14.17
-0.13 (-0.91%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg-0.91%
1 Week-2.81%
2 Weeks-6.16%
1 Month-8.93%
3 Month-12.85%
6 Month3.73%
12 Month41.98%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.46
ATR(20)%2.97%
ATR Inc-18.45%
Range Today0.46
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS50.32
Mansfield-0.77
10 Day High15.5
10 Day Low13.89
20 Day High15.86
20 Day Low13.89
52 Week High20.9
52 Week Low8.57
CS1 End14.16
CR1 Start14.64
Volume & EV
DER(3)1.71%
DER(5)0.92%
Volume1.15M
Volume Incr36.15%
Vol(5)494.54K
Vol(50)346.48K