DEFIANCE DLY TRG 2X LNG MSTR (MSTX) Stock Technical Analysis
NASDAQ:MSTX - Nasdaq - US88636J2539 - ETF - Currency: USD
Overall MSTX gets a technical rating of 2 out of 10. MSTX'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.
When comparing the yearly performance of all stocks, MSTX is a bad performer in the overall market: 100% of all stocks are doing better.
In the last month MSTX has a been trading in the 33.21 - 49.33 range, which is quite wide. It is currently trading near the lows of this range.
MSTX has an average volume of 10274800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
Considerably lower volume is observed in the last couple of days.
MSTX 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
26.77
47.20
When analyzing the support we can see 2 important areas.
- A support zone ranging from 34.25 to 35.44. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @27.04 from a trend line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 36.91 to 37.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @38.50 from a horizontal line 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 | NEUTRAL | NEUTRAL | The long term trend for MSTX is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MSTX is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | MSTX 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 MSTX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MSTX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of MSTX is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.07 | NEUTRAL | The RSI value for MSTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.86 | NEGATIVE | The MACD value suggests MSTX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 17.47 | OVERSOLD | The low Stochastics value suggests MSTX may be oversold. |
| Average True Range in percent/ATR (20) | 10.76 | HIGH VOLATILITY | The high ATR as a percentage value for MSTX suggests high volalility. |
| Average Directional Index/ADX (14) | 17.96 | NEGATIVE | The low ADX value for MSTX suggests a weak or negative 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)
35.69
+0.91 (+2.62%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg2.62%
1 Week1.77%
2 Weeks-14.66%
1 Month-22.19%
3 Month24.51%
6 Month-64.49%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.62
ATR(20)%10.76%
ATR Inc-18.7%
Range Today2.01
ADR(20)3.7
ADR(20)%10.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High40.1
10 Day Low33.21
20 Day High49.33
20 Day Low33.21
52 Week HighN/A
52 Week LowN/A
CS1 End35.44
CR1 Start36.91
Volume & EV
DER(3)-2.59%
DER(5)0.59%
Volume4.69M
Volume Incr-40.8%
Vol(5)5.22M
Vol(50)10.27M