We assign a technical rating of 0 out of 10 to MST. MST's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, MST does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 6.72. Right above this resistance zone may be a good entry point.
6.64
We found 1 important resistance area.
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 | DOWN | NEGATIVE | The long term trend for MST is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MST is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | MST has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MST is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MST is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 38.11 | NEUTRAL | The RSI value for MST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.42 | POSITIVE | The MACD value suggests MST has a positive trend. |
| Stochastics (14,3) | 45.79 | NEUTRAL | The Stochastics value for MST is a neutral value. |
| Average True Range in percent/ATR (20) | 10.43 | HIGH VOLATILITY | The high ATR as a percentage value for MST suggests high volalility. |
| Average Directional Index/ADX (14) | 45.47 | POSITIVE | The high ADX value value for MST suggests a strong trend. |
6.71
+0.31 (+4.84%)
ChartMill assigns a technical rating of 0 / 10 to MST.
The current trend direction for DEFIANCE LEV L+ INC MSTR ETF (MST) is Bearish.
DEFIANCE LEV L+ INC MSTR ETF (MST) has an RSI value of 38.1144. This indicates that the stock is currently neutral.
The buy/sell signal for DEFIANCE LEV L+ INC MSTR ETF (MST) is sell as both the short term and long term trends are negative.
DEFIANCE LEV L+ INC MSTR ETF (MST) has a resistance level at 6.72. Check the full technical report for our detailed analysis of MST support and resistance levels.