MATCH GROUP INC (MTCH) Stock Technical Analysis
NASDAQ:MTCH - Nasdaq - US57667L1070 - Common Stock - Currency: USD
Taking everything into account, MTCH scores 6 out of 10 in our technical rating. MTCH has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month MTCH has a been trading in the 29.82 - 32.91 range, which is quite wide. It is currently trading near the high of this range.
MTCH has an average volume of 4596760 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 54% of all stocks.
MTCH is part of the Interactive Media & Services industry. There are 70 other stocks in this industry, MTCH did better than 59% of them.
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.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
MTCH 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
26.76
38.34
We found 2 important support areas.
- A support zone ranging from 30.20 to 30.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @27.03 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 32.55 to 32.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 33.39 to 33.52. 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 | UP | POSITIVE | The short term trend for MTCH is up. |
| ChartMill Relative Strength | 54.16 | 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) | DOWN | NEGATIVE | The current price of MTCH is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 63.51 | NEUTRAL | The RSI value for MTCH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests MTCH has a positive trend. |
| Stochastics (14,3) | 90.91 | OVERBOUGHT | The high Stochastics value suggests MTCH may be overbought. |
| Average True Range in percent/ATR (20) | 2.47 | MEDIUM VOLATILITY | The ATR as a percentage value for MTCH suggests some volalility. |
| Average Directional Index/ADX (14) | 14.78 | 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)
32.54
+0.1 (+0.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryInteractive Media & Services
Performance
% Chg0.31%
1 Week6.97%
2 Weeks7.39%
1 Month4.83%
3 Month13.22%
6 Month-0.43%
12 Month10.61%
2 Year-30.04%
3 Year-55.61%
5 Year-68.32%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.8
ATR(20)%2.47%
ATR Inc-41.06%
Range Today0.59
ADR(20)0.77
ADR(20)%2.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS54.16
Mansfield-0.9
10 Day High32.91
10 Day Low30.22
20 Day High32.91
20 Day Low29.82
52 Week High38.84
52 Week Low26.39
CS1 End30.69
CR1 Start32.55
Volume & EV
DER(3)-0.52%
DER(5)0.5%
Volume2.36M
Volume Incr4.27%
Vol(5)4.22M
Vol(50)4.60M