MSC INDUSTRIAL DIRECT CO-A (MSM) Stock Technical Analysis
USA - NYSE:MSM - US5535301064 - Common Stock
Overall MSM gets a technical rating of 3 out of 10. 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.
Although the technical rating is bad, MSM does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 85.40, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
83.37
We found 1 important support area.
- A support zone ranging from 84.21 to 85.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 86.94 to 88.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 91.01 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 | NEUTRAL | NEUTRAL | The short term trend for MSM is neutral. |
| ChartMill Relative Strength | 53.01 | 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) | DOWN | NEGATIVE | The current price of MSM is below a declining 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) | 46.57 | NEUTRAL | The RSI value for MSM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.4 | POSITIVE | The MACD value suggests MSM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 69.04 | NEUTRAL | The Stochastics value for MSM is a neutral value. |
| Average True Range in percent/ATR (20) | 2.56 | MEDIUM VOLATILITY | The ATR as a percentage value for MSM suggests some volalility. |
| Average Directional Index/ADX (14) | 15.98 | NEGATIVE | The low ADX value for MSM suggests a weak or negative trend. |
86.64
-3.02 (-3.37%)
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 current trend direction of MSC INDUSTRIAL DIRECT CO-A (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 46.5718. This indicates that the stock is currently neutral.
What is the short term momentum for MSM stock?
The short term momentum for MSC INDUSTRIAL DIRECT CO-A (MSM) is neutral.
Can you provide the support and resistance levels for MSC INDUSTRIAL DIRECT CO-A?
MSC INDUSTRIAL DIRECT CO-A (MSM) has a support level at 85.4 and a resistance level at 86.94. Check the full technical report for our detailed analysis of MSM support and resistance levels.