MTCH Technical Analysis - MATCH GROUP INC

Technical Rating and Analysis

Taking everything into account, MTCH scores 0 out of 10 in our technical rating. MTCH scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

77% of all other stocks performed better in the past year than MTCH.

MTCH is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.

MTCH has an average volume of 3907770 traded shares per day. This is a good sign as it is always nice to have a liquid stock.

The short term trend is negative, the long term trend is neutral. Not much exciting going on here.

MTCH is part of the Interactive Media & Services industry. There are 70 other stocks in this industry, MTCH did better than 55% 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.

More info and screens

Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

Show peers with best TA rating

Weekly and Daily overview Charts

MATCH GROUP INC / MTCH Weekly stock chart

MATCH GROUP INC / MTCH Daily stock chart

Setup Rating and Analysis

MTCH has a poor technical rating and the quality of the setup is also not perfect 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

ChartMill Technical Ratings

Pocket Pivots

Bull Flags

Show peers with best setup rating

Support and Resistance Analysis

31.13

39.13

We found 1 important support area.

A support zone ranging from 31.44 to 31.87. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 3 important resistance areas.

A resistance zone ranging from 32.44 to 32.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Resistance @37.96 from a horizontal line in the weekly time frame.
Resistance @38.74 from a horizontal line in the daily time frame.

More info

What is Support and Resistance

Support and Resistance indicators

Support and Resistance Screener and Trading Strategies

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	DOWN	NEGATIVE	The short term trend for MTCH is down.
ChartMill Relative Strength	23.23	NEGATIVE	MTCH has a low relative strength, it was outperformed by 76.77% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of MTCH is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of MTCH is below a declining 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)	34.91	NEUTRAL	The RSI value for MTCH is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.14	NEGATIVE	The MACD value suggests MTCH has a negative trend, although the MACD value is rising.
Stochastics (14,3)	23.72	NEUTRAL	The Stochastics value for MTCH is a neutral value.
Average True Range in percent/ATR (20)	2.87	MEDIUM VOLATILITY	The ATR as a percentage value for MTCH suggests some volalility.
Average Directional Index/ADX (14)	33.39	POSITIVE	The high ADX value value for MTCH suggests a strong trend.