SIMPLIFY MBS ETF (MTBA) Stock Technical Analysis
NYSEARCA:MTBA • US82889N5251
Taking everything into account, MTBA scores 5 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, MTBA is a bad performer.
- 61% of all other stocks performed better in the past year than MTBA.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- MTBA is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so MTBA is lagging the market slightly.
- In the last month MTBA has a been trading in a tight range between 50.28 and 50.80.
MTBA has an average technical rating and also the quality of the setup is 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
48.65
When analyzing the support we notice one important area.
- A support zone ranging from 49.14 to 50.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 50.63 to 50.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @51.84 from a horizontal 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 | UP | POSITIVE | The long term trend for MTBA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MTBA is neutral. |
| ChartMill Relative Strength | 39.1 | NEUTRAL | MTBA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MTBA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MTBA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MTBA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.02 | NEUTRAL | The RSI value for MTBA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests MTBA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 43.02 | NEUTRAL | The Stochastics value for MTBA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.18 | LOW VOLATILITY | The low ATR as a percentage value for MTBA suggests low volalility. |
| Average Directional Index/ADX (14) | 14.25 | NEGATIVE | The low ADX value for MTBA suggests a weak or negative trend. |
50.61
+0.06 (+0.12%)
SIMPLIFY MBS ETF / MTBA FAQ
What is the technical rating for MTBA stock?
ChartMill assigns a technical rating of 5 / 10 to MTBA.
Can you provide the trend direction for SIMPLIFY MBS ETF?
The current trend direction for SIMPLIFY MBS ETF (MTBA) is Bullish.
Can you provide the RSI signal for SIMPLIFY MBS ETF?
SIMPLIFY MBS ETF (MTBA) has an RSI value of 54.0168. This indicates that the stock is currently neutral.
Can you provide the MACD signal for SIMPLIFY MBS ETF?
The MACD indicator for SIMPLIFY MBS ETF (MTBA) has a value of 0.0016554, indicating a bearish trend.