MID-SOUTHERN BANCORP INC (MSVB) Stock Technical Analysis
NASDAQ:MSVB - Nasdaq - US59548Q1076 - Common Stock - Currency: USD
Taking everything into account, MSVB scores 2 out of 10 in our technical rating. MSVB has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
MSVB is one of the lesser performing stocks in the Banks industry. 63% of 393 stocks in the same industry do better.
In the last month MSVB has a been trading in the 10.54 - 13.10 range, which is quite wide. It is currently trading near the lows of this range.
Warning: MSVB has an average volume of 5660 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When comparing the performance of all stocks over the past year, MSVB turns out to be only a medium performer in the overall market: it outperformed 46% of all stocks.
MSVB is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MSVB is lagging the market.
Volume is considerably higher in the last couple of days.
The technical rating of MSVB 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
10.57
14.09
When analyzing the support we can see 2 important areas.
- Support @10.89 from a horizontal line in the weekly time frame.
- Support @10.68 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- Resistance @12.84 from a trend line in the weekly time frame.
- A resistance zone ranging from 13.14 to 13.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @13.95 from a trend line in the weekly 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 MSVB is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MSVB is down. |
| ChartMill Relative Strength | 46.82 | NEUTRAL | MSVB is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MSVB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of MSVB is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MSVB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.96 | NEUTRAL | The RSI value for MSVB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.25 | NEGATIVE | The MACD value suggests MSVB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 13.19 | OVERSOLD | The low Stochastics value suggests MSVB may be oversold. |
| Average True Range in percent/ATR (20) | 4.24 | MEDIUM VOLATILITY | The ATR as a percentage value for MSVB suggests some volalility. |
| Average Directional Index/ADX (14) | 36.47 | POSITIVE | The high ADX value value for MSVB suggests a strong 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)
NASDAQ:MSVB (8/11/2023, 8:12:52 PM)
11.15
+0.46 (+4.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg4.3%
1 Week2.29%
2 Weeks-12.2%
1 Month-13.57%
3 Month14.36%
6 Month-14.3%
12 Month-20.3%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.57
ATR(20)%4.24%
ATR Inc51.9%
Range Today0.7
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS46.82
Mansfield-1.93
10 Day High12.9
10 Day Low10.54
20 Day High13.1
20 Day Low10.54
52 Week High14.08
52 Week Low9.1
CS1 End10.89
CR1 Start12.84
Volume & EV
DER(3)8.35%
DER(5)5.91%
Volume4.10K
Volume Incr111.28%
Vol(5)9.74K
Vol(50)5.66K