MATCH GROUP INC (MTCH) Stock Technical Analysis
NASDAQ:MTCH - Nasdaq - US57667L1070 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to MTCH. In the past year, MTCH was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, MTCH is a bad performer in the overall market: 61% of all stocks are doing better.
MTCH has an average volume of 4580720 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
MTCH is part of the Interactive Media & Services industry. There are 71 other stocks in this industry, MTCH did better than 64% of them.
MTCH 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 MTCH is lagging the market slightly.
In the last month MTCH has a been trading in the 28.98 - 32.37 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
MTCH has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 30.58, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
26.76
38.34
2 important support areas can be observed.
- A support zone ranging from 29.84 to 30.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 27.03 to 27.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 5 important resistance areas.
- A resistance zone ranging from 30.64 to 30.98. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 31.51 to 32.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @32.62 from a horizontal line in the daily time frame.
- A resistance zone ranging from 33.67 to 33.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @37.96 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 | NEUTRAL | NEUTRAL | The long term trend for MTCH is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MTCH is neutral. |
| ChartMill Relative Strength | 39.82 | NEUTRAL | MTCH is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of MTCH is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MTCH is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MTCH is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.43 | NEUTRAL | The RSI value for MTCH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests MTCH has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 30.63 | NEUTRAL | The Stochastics value for MTCH is a neutral value. |
| Average True Range in percent/ATR (20) | 2.6 | MEDIUM VOLATILITY | The ATR as a percentage value for MTCH suggests some volalility. |
| Average Directional Index/ADX (14) | 14.02 | NEGATIVE | The low ADX value for MTCH 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)
30.59
+0.29 (+0.96%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryInteractive Media & Services
Performance
% Chg0.96%
1 Week-0.23%
2 Weeks-2.89%
1 Month4.26%
3 Month0.33%
6 Month-9.39%
12 Month-1.35%
2 Year-26.91%
3 Year-56.11%
5 Year-71.42%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.8
ATR(20)%2.6%
ATR Inc-17.99%
Range Today0.59
ADR(20)0.76
ADR(20)%2.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS39.82
Mansfield-1.02
10 Day High32.37
10 Day Low29.82
20 Day High32.37
20 Day Low28.99
52 Week High38.84
52 Week Low26.39
CS1 End30.58
CR1 Start30.64
Volume & EV
DER(3)-1.67%
DER(5)-1.57%
Volume10.86M
Volume Incr34.22%
Vol(5)5.33M
Vol(50)4.58M