SIMPLIFY MBS ETF (MTBA) Stock Technical Analysis
USA - NYSEARCA:MTBA - US82889N5251 - ETF
50.35 USD
+0.06 (+0.12%)
50.8258 USD
+0.48 (+0.94%)
Overall MTBA gets a technical rating of 4 out of 10. MTBA was a bad performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term this still looks good.
65% of all other stocks performed better in the past year than MTBA.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
MTBA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MTBA is lagging the market.
In the last month MTBA has a been trading in a tight range between 50.18 and 50.88.
MTBA has an average technical rating and it also does not offer a high 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
48.65
52.30
When analyzing the support we notice one important area.
- A support zone ranging from 49.14 to 50.33. 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 50.56 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 | 35.11 | NEUTRAL | MTBA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of MTBA is below 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) | DOWN | MIXED | The current price of MTBA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.5 | NEUTRAL | The RSI value for MTBA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests MTBA has a negative trend. |
| Stochastics (14,3) | 11.46 | OVERSOLD | The low Stochastics value suggests MTBA may be oversold. |
| Average True Range in percent/ATR (20) | 0.27 | LOW VOLATILITY | The low ATR as a percentage value for MTBA suggests low volalility. |
| Average Directional Index/ADX (14) | 19.84 | NEGATIVE | The low ADX value for MTBA 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)
50.35
+0.06 (+0.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.12%
1 Week-0.49%
2 Weeks-0.88%
1 Month0.1%
3 Month0.82%
6 Month-0.14%
12 Month-1.39%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%0.27%
ATR Inc-50.8%
Range Today0.04
ADR(20)0.09
ADR(20)%0.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS35.11
Mansfield-0.95
10 Day High50.88
10 Day Low50.24
20 Day High50.88
20 Day Low50.18
52 Week High51.07
52 Week Low49.1
CS1 End50.33
CR1 Start50.56
Volume & EV
DER(3)-1.75%
DER(5)0.87%
Volume136.64K
Volume Incr-17.01%
Vol(5)145.15K
Vol(50)166.09K