Morneau Shepell Inc (MSI.CA) Stock Technical Analysis
TSX:MSI - Toronto Stock Exchange -
Overall MSI gets a technical rating of 4 out of 10. MSI has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
When comparing the yearly performance of all stocks, MSI is a bad performer in the overall market: 84% of all stocks are doing better.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
MSI is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so MSI is lagging the market slightly.
In the last month MSI has a been trading in a tight range between 30.66 and 32.40.
MSI 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.
More info and screens
26.37
34.30
3 important support areas can be observed.
- A support zone ranging from 30.81 to 32.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @30.22 from a horizontal line in the daily time frame.
- Support @26.64 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 33.41 to 33.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 MSI.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MSI.CA is up. |
| ChartMill Relative Strength | 16.47 | NEGATIVE | MSI.CA has a low relative strength, it was outperformed by 83.53% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MSI.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of MSI.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MSI.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.87 | NEUTRAL | The RSI value for MSI.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests MSI.CA has a positive trend. |
| Stochastics (14,3) | 91.28 | OVERBOUGHT | The high Stochastics value suggests MSI.CA may be overbought. |
| Average True Range in percent/ATR (20) | 1.75 | LOW VOLATILITY | The low ATR as a percentage value for MSI.CA suggests low 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)
TSX:MSI (5/19/2021, 4:01:00 PM)
32.25
+0.1 (+0.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.31%
1 Week4.67%
2 Weeks3.37%
1 Month2.81%
3 Month-0.8%
6 Month9.51%
12 Month-0.49%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.58
ATR(20)%1.75%
ATR Inc-4.63%
Range Today0.47
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
CRS16.47
Mansfield-0.84
10 Day High32.4
10 Day Low30.66
20 Day High32.4
20 Day Low30.66
52 Week High34.28
52 Week Low26.22
CS1 End32.01
CR1 Start33.41
Volume & EV
DER(3)1.25%
DER(5)0.58%
Volume167.08K
Volume Incr38.1%
Vol(5)177.85K
Vol(50)154.06K