SIMPLIFY MBS ETF (MTBA) Stock Technical Analysis
USA - NYSEARCA:MTBA - US82889N5251 - ETF
We assign a technical rating of 4 out of 10 to MTBA. In the last year, MTBA was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
Although the technical rating is only medium, MTBA does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 50.42, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for MTBA 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
48.65
We found 1 important support area.
- A support zone ranging from 49.14 to 50.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 50.45 to 50.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @51.78 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 | DOWN | NEGATIVE | The short term trend for MTBA is down. |
| ChartMill Relative Strength | 44.59 | NEUTRAL | MTBA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MTBA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of MTBA is below 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) | 43.9 | NEUTRAL | The RSI value for MTBA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests MTBA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 22 | NEUTRAL | The Stochastics value for MTBA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.23 | LOW VOLATILITY | The low ATR as a percentage value for MTBA suggests low volalility. |
| Average Directional Index/ADX (14) | 21.38 | NEUTRAL | The ADX value for MTBA suggests a possible start of a new trend. |
50.42
-0.02 (-0.04%)
SIMPLIFY MBS ETF / MTBA FAQ
What is the technical rating for MTBA stock?
ChartMill assigns a technical rating of 4 / 10 to MTBA.
What is the trend direction for MTBA stock?
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 43.9034. This indicates that the stock is currently neutral.
What is the MACD signal for MTBA stock?
The MACD indicator for SIMPLIFY MBS ETF (MTBA) has a value of -0.0290653, indicating a bearish trend.
What are the support and resistance levels for SIMPLIFY MBS ETF (MTBA) stock?
SIMPLIFY MBS ETF (MTBA) has a support level at 50.42 and a resistance level at 50.45. Check the full technical report for our detailed analysis of MTBA support and resistance levels.