MATCH GROUP INC (MTCH) Technical Analysis
NASDAQ:MTCH • US57667L1070
Current stock price
MTCH Technical Rating and Analysis
Overall MTCH gets a technical rating of 1 out of 10. MTCH's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- 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 is part of the Interactive Media & Services industry. There are 69 other stocks in this industry. MTCH outperforms 75% of them.
- MTCH has an average volume of 4400890 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- 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 29.85 - 32.23 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
MTCH Weekly and Daily overview Charts
MTCH Setup Rating and Analysis
Although the technical rating is bad, 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 31.55. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 31.39, a Stop Loss order could be placed below this zone.
More info and screens
MTCH Support and Resistance Analysis
29.62
We found 2 important support areas.
- A support zone ranging from 30.75 to 31.39. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @29.92 from a horizontal line in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 31.55 to 32.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @32.73 from a horizontal line in the daily time frame.
- A resistance zone ranging from 34.53 to 34.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | DOWN | NEGATIVE | The long term trend for MTCH is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MTCH is neutral. |
| ChartMill Relative Strength | 39.5 | 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) | DOWN | MIXED | The current price of MTCH is above a declining 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) | 0.05 | POSITIVE | The MACD value suggests MTCH has a positive trend. |
| Stochastics (14,3) | 57.48 | NEUTRAL | The Stochastics value for MTCH is a neutral value. |
| Average True Range in percent/ATR (20) | 3.44 | MEDIUM VOLATILITY | The ATR as a percentage value for MTCH suggests some volalility. |
| Average Directional Index/ADX (14) | 8.4 | 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
31.47
+0.7 (+2.27%)
MATCH GROUP INC / MTCH TA FAQ
Can you provide the ChartMill technical rating for MATCH GROUP INC?
ChartMill assigns a technical rating of 1 / 10 to MTCH.
What is the current trend direction of MATCH GROUP INC (MTCH) stock?
The current trend direction for MATCH GROUP INC (MTCH) is Bearish.
What is the RSI signal for MTCH stock?
MATCH GROUP INC (MTCH) has an RSI value of 53.2015. This indicates that the stock is currently neutral.
What is the short term momentum for MATCH GROUP INC (MTCH) stock?
The short term momentum for MATCH GROUP INC (MTCH) is neutral.
What are the support and resistance levels for MATCH GROUP INC (MTCH) stock?
MATCH GROUP INC (MTCH) has a support level at 31.39 and a resistance level at 31.55. Check the full technical report for our detailed analysis of MTCH support and resistance levels.