DEFIANCE DLY TRG 2X LNG MSTR (MSTX) Technical Analysis
NASDAQ:MSTX • US88636J2539
Current stock price
MSTX Technical Rating and Analysis
Taking everything into account, MSTX scores 1 out of 10 in our technical rating. 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.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- 98% 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. The S&P500 Index is trading in the upper part of its 52 week range, so MSTX is lagging the market.
- MSTX has an average volume of 78520800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month MSTX has a been trading in the 19.00 - 29.90 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
MSTX Weekly and Daily overview Charts
MSTX Setup Rating and Analysis
Although the technical rating is bad, MSTX does present a nice setup opportunity. Prices have been consolidating lately. We notice that large players showed an interest for MSTX in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
MSTX Support and Resistance Analysis
20.59
We found 1 important support area.
- Support @20.80 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 25.20 to 25.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @36.29 from a trend line in the daily time frame.
MSTX 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 | DOWN | NEGATIVE | The long term trend for MSTX is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MSTX is neutral. |
| ChartMill Relative Strength | 2.07 | NEGATIVE | MSTX has a low relative strength, it was outperformed by 97.93% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of MSTX is below the rising 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) | 45.71 | NEUTRAL | The RSI value for MSTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.72 | POSITIVE | The MACD value suggests MSTX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 55.26 | NEUTRAL | The Stochastics value for MSTX is a neutral value. |
| Average True Range in percent/ATR (20) | 12.71 | HIGH VOLATILITY | The high ATR as a percentage value for MSTX suggests high volalility. |
| Average Directional Index/ADX (14) | 14.37 | NEGATIVE | The low ADX value for MSTX suggests a weak or negative trend. |
MSTX Chart- and CandleStick Pattern Analysis
MSTX Technicals: Chart, Performance Metrics, Trend & Indicators
24.36
-0.84 (-3.33%)
DEFIANCE DLY TRG 2X LNG MSTR / MSTX TA FAQ
What is the ChartMill technical rating of DEFIANCE DLY TRG 2X LNG MSTR (MSTX) stock?
ChartMill assigns a technical rating of 1 / 10 to MSTX.
What is the current trend direction of DEFIANCE DLY TRG 2X LNG MSTR (MSTX) stock?
The current trend direction for DEFIANCE DLY TRG 2X LNG MSTR (MSTX) is Bearish.
What is the RSI signal for DEFIANCE DLY TRG 2X LNG MSTR (MSTX) stock?
DEFIANCE DLY TRG 2X LNG MSTR (MSTX) has an RSI value of 45.7143. This indicates that the stock is currently neutral.
What is the short term momentum for MSTX stock?
The short term momentum for DEFIANCE DLY TRG 2X LNG MSTR (MSTX) is neutral.
What are the support and resistance levels for DEFIANCE DLY TRG 2X LNG MSTR (MSTX) stock?
DEFIANCE DLY TRG 2X LNG MSTR (MSTX) has a support level at 20.8 and a resistance level at 25.2. Check the full technical report for our detailed analysis of MSTX support and resistance levels.