MATCH GROUP INC (MTCH) Technical Analysis
NASDAQ:MTCH • US57667L1070
Current stock price
MTCH Technical Rating and Analysis
We assign a technical rating of 5 out of 10 to MTCH. In the past year, MTCH was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
- The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
- MTCH is one of the better performing stocks in the Interactive Media & Services industry, it outperforms 73% of 69 stocks in the same industry.
- In the last month MTCH has a been trading in the 29.70 - 33.03 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been consolidating recently, this may present a good entry opportunity.
- Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
- MTCH has an average volume of 5844770 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the performance of all stocks over the past year, MTCH turns out to be only a medium performer in the overall market: it outperformed 47% of all stocks.
- MTCH is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MTCH is lagging the market.
MTCH Weekly and Daily overview Charts
MTCH Setup Rating and Analysis
Although the technical rating is only medium, MTCH does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 32.71. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 31.45, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
MTCH Support and Resistance Analysis
28.61
When analyzing the support we can see 3 important areas.
- A support zone ranging from 31.05 to 31.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @29.92 from a horizontal line in the daily time frame.
- Support @28.90 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 32.71 to 32.73. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @34.53 from a horizontal line in the weekly time frame.
- Resistance @38.43 from a horizontal line in the weekly time frame.
MTCH Technical Indicator Signal Analysis
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 | UP | POSITIVE | The short term trend for MTCH is up. |
| ChartMill Relative Strength | 47.66 | NEUTRAL | MTCH is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MTCH is above 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) | UP | MIXED | The current price of MTCH is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.2 | NEUTRAL | The RSI value for MTCH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.19 | POSITIVE | The MACD value suggests MTCH has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 77.94 | NEUTRAL | The Stochastics value for MTCH is a neutral value. |
| Average True Range in percent/ATR (20) | 3 | MEDIUM VOLATILITY | The ATR as a percentage value for MTCH suggests some volalility. |
| Average Directional Index/ADX (14) | 14.7 | NEGATIVE | The low ADX value for MTCH suggests a weak or negative trend. |
MTCH Chart- and CandleStick Pattern Analysis
MTCH Technicals: Chart, Performance Metrics, Trend & Indicators
31.7
-0.79 (-2.43%)
MATCH GROUP INC / MTCH TA FAQ
Can you provide the ChartMill technical rating for MATCH GROUP INC?
ChartMill assigns a technical rating of 5 / 10 to MTCH.
What is the trend direction for MTCH stock?
The current trend direction for MATCH GROUP INC (MTCH) is Bearish.
Can you provide the RSI signal for MATCH GROUP INC?
MATCH GROUP INC (MTCH) has an RSI value of 53.202. This indicates that the stock is currently neutral.
Can you provide the MACD signal for MATCH GROUP INC?
The MACD indicator for MATCH GROUP INC (MTCH) has a value of 0.186767, indicating a bearish trend.