MSC INDUSTRIAL DIRECT CO-A (MSM) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:MSM - US5535301064 - Common Stock
Taking everything into account, MSM scores 3 out of 10 in our technical rating. MSM 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.
The technical rating of MSM 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
80.20
2 important support areas can be observed.
- Support @82.93 from a horizontal line in the weekly time frame.
- A support zone ranging from 81.01 to 81.08. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 84.60 to 87.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 89.22 to 89.73. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 92.27 to 92.90. 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 MSM is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MSM is down. |
| ChartMill Relative Strength | 43.52 | NEUTRAL | MSM is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of MSM is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of MSM is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of MSM is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.86 | NEUTRAL | The RSI value for MSM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.27 | NEGATIVE | The MACD value suggests MSM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 44.62 | NEUTRAL | The Stochastics value for MSM is a neutral value. |
| Average True Range in percent/ATR (20) | 2.45 | MEDIUM VOLATILITY | The ATR as a percentage value for MSM suggests some volalility. |
| Average Directional Index/ADX (14) | 17.1 | NEGATIVE | The low ADX value for MSM suggests a weak or negative trend. |
84.43
+0.51 (+0.61%)
MSC INDUSTRIAL DIRECT CO-A / MSM FAQ
What is the ChartMill technical rating of MSC INDUSTRIAL DIRECT CO-A (MSM) stock?
ChartMill assigns a technical rating of 3 / 10 to MSM.
What is the trend direction for MSM stock?
The current trend direction for MSC INDUSTRIAL DIRECT CO-A (MSM) is Bearish.
What is the RSI signal for MSC INDUSTRIAL DIRECT CO-A (MSM) stock?
MSC INDUSTRIAL DIRECT CO-A (MSM) has an RSI value of 46.8649. This indicates that the stock is currently neutral.
Can you provide the MACD signal for MSC INDUSTRIAL DIRECT CO-A?
The MACD indicator for MSC INDUSTRIAL DIRECT CO-A (MSM) has a value of -0.267356, indicating a bearish trend.
What is the short term momentum for MSM stock?
The short term momentum for MSC INDUSTRIAL DIRECT CO-A (MSM) is negative.