NASDAQ:MTC • VGG6181K1223
Overall MTC gets a technical rating of 10 out of 10. Both in the recent history as in the last year, MTC has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although MTC has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
2.75
When analyzing the support we can see 2 important areas.
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 MTC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MTC is up. |
| ChartMill Relative Strength | 97.84 | POSITIVE | MTC has a high relative strength, it outperformed 97.84% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MTC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MTC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MTC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.91 | NEUTRAL | The RSI value for MTC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests MTC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 81.31 | OVERBOUGHT | The high Stochastics value suggests MTC may be overbought. |
| Average True Range in percent/ATR (20) | 9.6 | HIGH VOLATILITY | The high ATR as a percentage value for MTC suggests high volalility. |
| Average Directional Index/ADX (14) | 30.71 | POSITIVE | The high ADX value value for MTC suggests a strong trend. |
4.22
-0.57 (-11.9%)
ChartMill assigns a technical rating of 10 / 10 to MTC.
The current trend direction for MMTEC INC (MTC) is Bullish.
MMTEC INC (MTC) has an RSI value of 63.9064. This indicates that the stock is currently neutral.
The MACD indicator for MMTEC INC (MTC) has a value of 0.165725, indicating a bearish trend.
The short term momentum for MMTEC INC (MTC) is positive.