MSC INDUSTRIAL DIRECT CO-A (MSM) Technical Analysis
NYSE:MSM • US5535301064
Current stock price
MSM Technical Rating and Analysis
Overall MSM gets a technical rating of 9 out of 10. Both in the recent history as in the last year, MSM has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that MSM is one of the better performing stocks in the market, outperforming 71% of all stocks.
- MSM is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month MSM has a been trading in the 85.15 - 96.90 range, which is quite wide. It is currently trading near the high of this range.
- MSM is an average performer in the Trading Companies & Distributors industry, it outperforms 60% of 47 stocks in the same industry.
MSM Weekly and Daily overview Charts
MSM Setup Rating and Analysis
Besides having an excellent technical rating, MSM also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 95.56. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 92.30, a Stop Loss order could be placed below this zone.
More info and screens
MSM Support and Resistance Analysis
80.33
4 important support areas can be observed.
- A support zone ranging from 89.22 to 92.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 85.19 to 87.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 82.93 to 83.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @81.14 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 95.56 to 96.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
MSM Technical Indicator Signal Analysis
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 | UP | POSITIVE | The long term trend for MSM is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MSM is up. |
| ChartMill Relative Strength | 71.17 | POSITIVE | MSM has a high relative strength, it outperformed 71.17% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MSM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MSM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MSM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.48 | NEUTRAL | The RSI value for MSM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.71 | POSITIVE | The MACD value suggests MSM has a positive trend. |
| Stochastics (14,3) | 93.41 | OVERBOUGHT | The high Stochastics value suggests MSM may be overbought. |
| Average True Range in percent/ATR (20) | 3.38 | MEDIUM VOLATILITY | The ATR as a percentage value for MSM suggests some volalility. |
| Average Directional Index/ADX (14) | 15.72 | NEGATIVE | The low ADX value for MSM suggests a weak or negative trend. |
MSM Chart- and CandleStick Pattern Analysis
MSM Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 96.14 | 89.21 | 6.93 (7.21%) | 13.87% |
| An entry @96.14. This is a Buy Stop order right above the resistance zone. | An exit @89.21. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 6.93 points, which is 7.21%. | When investing 13.87% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
MSM Technicals: Chart, Performance Metrics, Trend & Indicators
95.48
-0.65 (-0.68%)
MSC INDUSTRIAL DIRECT CO-A / MSM TA FAQ
What is the ChartMill technical rating of MSC INDUSTRIAL DIRECT CO-A (MSM) stock?
ChartMill assigns a technical rating of 9 / 10 to MSM.
What is the trend direction for MSM stock?
The current trend direction for MSC INDUSTRIAL DIRECT CO-A (MSM) is Bullish.
Can you provide the RSI signal for MSC INDUSTRIAL DIRECT CO-A?
MSC INDUSTRIAL DIRECT CO-A (MSM) has an RSI value of 61.4845. This indicates that the stock is currently neutral.
What is the MACD signal for MSC INDUSTRIAL DIRECT CO-A (MSM) stock?
The MACD indicator for MSC INDUSTRIAL DIRECT CO-A (MSM) has a value of 0.709107, indicating a bearish trend.
What are the support and resistance levels for MSC INDUSTRIAL DIRECT CO-A (MSM) stock?
MSC INDUSTRIAL DIRECT CO-A (MSM) has a support level at 92.3 and a resistance level at 95.56. Check the full technical report for our detailed analysis of MSM support and resistance levels.