MSC INDUSTRIAL DIRECT CO-A (MSM) Technical Analysis
NYSE:MSM • US5535301064
Current stock price
MSM Technical Rating and Analysis
Taking everything into account, MSM scores 5 out of 10 in our technical rating. In the last year, MSM was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
- Looking at the yearly performance, MSM did better than 75% of all other stocks.
- MSM is part of the Trading Companies & Distributors industry. There are 46 other stocks in this industry. MSM outperforms 73% of them.
- MSM is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so MSM is performing more or less in line with the market.
- In the last month MSM has a been trading in the 87.12 - 95.18 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
MSM Weekly and Daily overview Charts
MSM Setup Rating and Analysis
Although the technical rating is only medium, MSM does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 90.79, a Stop Loss order could be placed below this zone.
More info and screens
MSM Support and Resistance Analysis
80.20
We found 4 important support areas.
- A support zone ranging from 89.22 to 90.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @86.17 from a trend line in the weekly time frame.
- 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.
- 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.
2 important resistance areas can be observed.
- A resistance zone ranging from 91.66 to 92.90. 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 95.56 to 95.56. 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 | 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 | 75.1 | POSITIVE | MSM has a high relative strength, it outperformed 75.1% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MSM is below a declining 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) | 49.24 | NEUTRAL | The RSI value for MSM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.49 | NEGATIVE | The MACD value suggests MSM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 51.99 | NEUTRAL | The Stochastics value for MSM is a neutral value. |
| Average True Range in percent/ATR (20) | 2.95 | MEDIUM VOLATILITY | The ATR as a percentage value for MSM suggests some volalility. |
| Average Directional Index/ADX (14) | 13.15 | NEGATIVE | The low ADX value for MSM suggests a weak or negative trend. |
MSM Chart- and CandleStick Pattern Analysis
MSM Technicals: Chart, Performance Metrics, Trend & Indicators
91.23
+0.97 (+1.07%)
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 5 / 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 49.2431. 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 -0.48567, 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 neutral.