MSC INDUSTRIAL DIRECT CO-A (MSM) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:MSM - US5535301064 - Common Stock
We assign a technical rating of 0 out of 10 to MSM. MSM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
MSM has a poor technical rating and the quality of the setup is also only medium 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
81.62
We found 1 important support area.
- Support @82.44 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 86.20 to 89.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 91.66 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 | 31.03 | NEUTRAL | MSM is not amongst the best or worst performers 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) | DOWN | NEGATIVE | The current price of MSM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MSM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.46 | NEUTRAL | The RSI value for MSM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.46 | NEGATIVE | The MACD value suggests MSM has a negative trend. |
| Stochastics (14,3) | 12.04 | OVERSOLD | The low Stochastics value suggests MSM may be oversold. |
| Average True Range in percent/ATR (20) | 2.87 | MEDIUM VOLATILITY | The ATR as a percentage value for MSM suggests some volalility. |
| Average Directional Index/ADX (14) | 17.31 | NEGATIVE | The low ADX value for MSM suggests a weak or negative trend. |
82.93
+0.49 (+0.59%)
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 0 / 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 39.4607. 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 negative.
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 82.44 and a resistance level at 86.2. Check the full technical report for our detailed analysis of MSM support and resistance levels.