MATCH GROUP INC (MTCH) Stock Technical Analysis
USA - NASDAQ:MTCH - US57667L1070 - Common Stock
We assign a technical rating of 0 out of 10 to MTCH. 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.
MTCH has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 31.87, a Stop Loss order could be placed below this zone.
More info and screens
31.14
We found 1 important support area.
- A support zone ranging from 31.45 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 32.42 to 33.68. 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.
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 | DOWN | NEGATIVE | The short term trend for MTCH is down. |
| ChartMill Relative Strength | 29.27 | NEGATIVE | MTCH has a low relative strength, it was outperformed by 70.73% 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) | 42.88 | NEUTRAL | The RSI value for MTCH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests MTCH has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 60.68 | NEUTRAL | The Stochastics value for MTCH is a neutral value. |
| Average True Range in percent/ATR (20) | 2.44 | MEDIUM VOLATILITY | The ATR as a percentage value for MTCH suggests some volalility. |
| Average Directional Index/ADX (14) | 21.49 | NEUTRAL | The ADX value for MTCH suggests a possible start of a new trend. |
32.28
-0.26 (-0.8%)
MATCH GROUP INC / MTCH FAQ
Can you provide the ChartMill technical rating for MATCH GROUP INC?
ChartMill assigns a technical rating of 0 / 10 to MTCH.
Can you provide the trend direction for MATCH GROUP INC?
The current trend direction for MATCH GROUP INC (MTCH) is Bearish.
What is the RSI signal for MATCH GROUP INC (MTCH) stock?
MATCH GROUP INC (MTCH) has an RSI value of 42.8824. This indicates that the stock is currently neutral.
Can you provide the short term momentum for MATCH GROUP INC?
The short term momentum for MATCH GROUP INC (MTCH) is negative.
What is the buy/sell signal for MTCH stock?
The buy/sell signal for MATCH GROUP INC (MTCH) is sell as both the short term and long term trends are negative.