MMTEC INC (MTC)
VGG6181K1140 - Common Stock
We assign a technical rating of 10 out of 10 to MTC. In the last year, MTC was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
Looking at the yearly performance, MTC did better than 98% of all other stocks. We also observe that the gains produced by MTC over the past year are nicely spread over this period.
MTC is one of the better performing stocks in the Software industry, it outperforms 96% of 276 stocks in the same industry.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
MTC has an average volume of 2030600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
MTC is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MTC is lagging the market slightly.
In the last month MTC has a been trading in the 1.46 - 3.99 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although MTC has an excellent technical rating, it 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
1.02
2.91
When analyzing the support we can see 2 important areas.
- A support zone ranging from 1.59 to 1.61. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @1.03 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.95
Mansfield12.18
10 Day High3.99
10 Day Low1.46
20 Day High3.99
20 Day Low1.46
52 Week High4.86
52 Week Low0.36
Performance
1 Week77.78%
2 Weeks62.71%
1 Month56.52%
3 Month51.74%
6 Month171.7%
12 Month258.25%
2 Year-43.46%
3 Year-84.43%
5 Year-92.62%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.16
RSI(14)63.03
LBB0.75
UBB3.34
MMTEC INC
NASDAQ:MTC (4/26/2024, 7:05:17 PM)
Premarket: 2.87 -0.01 (-0.35%)2.88
-0.27 (-8.57%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-8.57%
1 Week77.78%
2 Weeks62.71%
1 Month56.52%
3 Month51.74%
6 Month171.7%
12 Month258.25%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.41
ATR(20)%11.23%
ATR Inc
Range Today0.42
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High3.99
10 Day Low1.46
20 Day High3.99
20 Day Low1.46
52 Week High4.86
52 Week Low0.36
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume260.60K
Volume Incr6149.47%
Vol(5)3.57M
Vol(50)2.03M