DEFIANCE DLY TRG 2X LNG MSTR (MSTX) Stock Technical Analysis
USA - NASDAQ:MSTX - US88636J2539 - ETF
19.76 USD
+0.94 (+4.99%)
19.73 USD
-0.03 (-0.15%)
We assign a technical rating of 0 out of 10 to MSTX. MSTX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
96% of all other stocks performed better in the past year than MSTX.
MSTX is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month MSTX has a been trading in the 17.69 - 26.98 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
MSTX has an average volume of 6689560 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of MSTX is bad and it also does not present a quality setup 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
19.56
47.20
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 22.60 to 22.72. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @46.73 from a horizontal line in the daily time frame.
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 MSTX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MSTX is down. |
| ChartMill Relative Strength | 4.02 | NEGATIVE | MSTX has a low relative strength, it was outperformed by 95.98% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MSTX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MSTX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MSTX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 35.07 | NEUTRAL | The RSI value for MSTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests MSTX has a negative trend. |
| Stochastics (14,3) | 12.13 | OVERSOLD | The low Stochastics value suggests MSTX may be oversold. |
| Average True Range in percent/ATR (20) | 10.54 | HIGH VOLATILITY | The high ATR as a percentage value for MSTX suggests high volalility. |
| Average Directional Index/ADX (14) | 20.57 | NEUTRAL | The ADX value for MSTX suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
19.76
+0.94 (+4.99%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg4.99%
1 Week-21.02%
2 Weeks-15.52%
1 Month-20.8%
3 Month-45.8%
6 Month-24.15%
12 Month-37.17%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.08
ATR(20)%10.54%
ATR Inc44.1%
Range Today1.52
ADR(20)1.94
ADR(20)%9.84%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.02
Mansfield-5.99
10 Day High26.98
10 Day Low17.69
20 Day High26.98
20 Day Low17.69
52 Week High220.99
52 Week Low16.45
CS1 EndN/A
CR1 Start22.6
Volume & EV
DER(3)-2.03%
DER(5)-0.9%
Volume6.14M
Volume Incr1.69%
Vol(5)7.80M
Vol(50)6.69M