Msg Networks Inc (MSGN) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:MSGN -
Taking everything into account, MSGN scores 1 out of 10 in our technical rating. 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.
- MSGN is part of the Media industry. There are 93 other stocks in this industry. MSGN outperforms 75% of them.
- 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 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
When analyzing the support we can see 2 important 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.
We can see 4 important resistance 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. |
14.17
-0.13 (-0.91%)
Msg Networks Inc / MSGN FAQ
What is the technical rating for MSGN stock?
ChartMill assigns a technical rating of 1 / 10 to MSGN.
What is the trend direction for MSGN stock?
The current trend direction for Msg Networks Inc (MSGN) is Bearish.
What is the RSI signal for Msg Networks Inc (MSGN) stock?
Msg Networks Inc (MSGN) has an RSI value of 36.6211. This indicates that the stock is currently neutral.
What is the MACD signal for MSGN stock?
The MACD indicator for Msg Networks Inc (MSGN) has a value of -0.0682002, indicating a bearish trend.
What is the support and resistance level for MSGN stock?
Msg Networks Inc (MSGN) has a support level at 14.16 and a resistance level at 14.64. Check the full technical report for our detailed analysis of MSGN support and resistance levels.