MARIS - TECH LTD (MTEK) Stock Technical Analysis
NASDAQ:MTEK - Nasdaq - IL0011789042 - Common Stock - Currency: USD
Taking everything into account, MTEK scores 5 out of 10 in our technical rating. Although MTEK is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
MTEK is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MTEK is lagging the market.
When comparing the yearly performance of all stocks, we notice that MTEK is one of the better performing stocks in the market, outperforming 94% of all stocks. On top of that, MTEK also shows a nice and consistent pattern of rising prices.
MTEK is one of the better performing stocks in the Electronic Equipment, Instruments & Components industry, it outperforms 80% of 125 stocks in the same industry.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
In the last month MTEK has a been trading in the 1.99 - 2.66 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, MTEK does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. We notice that large players showed an interest for MTEK in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.77
2.68
4 important support areas can be observed.
- Support @2.10 from a trend line in the daily time frame.
- A support zone ranging from 2.05 to 2.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.89 from a trend line in the weekly time frame.
- A support zone ranging from 1.79 to 1.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- Resistance @2.43 from a horizontal line in the weekly time frame.
- Resistance @2.49 from a trend line in the daily time frame.
- A resistance zone ranging from 2.62 to 2.65. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for MTEK is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MTEK is neutral. |
| ChartMill Relative Strength | 94.01 | POSITIVE | MTEK has a high relative strength, it outperformed 94.01% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of MTEK is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of MTEK is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of MTEK is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.47 | NEUTRAL | The RSI value for MTEK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests MTEK has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 39.21 | NEUTRAL | The Stochastics value for MTEK is a neutral value. |
| Average True Range in percent/ATR (20) | 9.7 | HIGH VOLATILITY | The high ATR as a percentage value for MTEK suggests high volalility. |
| Average Directional Index/ADX (14) | 16.76 | NEGATIVE | The low ADX value for MTEK 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)
NASDAQ:MTEK (6/3/2025, 4:30:01 PM)
2.29
-0.04 (-1.72%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-1.72%
1 Week10.1%
2 Weeks3.62%
1 Month-6.15%
3 Month1.51%
6 Month2.23%
12 Month87.69%
2 Year112.04%
3 Year106.31%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%9.7%
ATR Inc25.89%
Range Today0.24
ADR(20)0.22
ADR(20)%9.54%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.01
Mansfield-0.31
10 Day High2.62
10 Day Low1.99
20 Day High2.66
20 Day Low1.99
52 Week High6.47
52 Week Low1.2
CS1 End2.1
CR1 Start2.43
Volume & EV
DER(3)20.33%
DER(5)12.76%
Volume42.55K
Volume Incr32.08%
Vol(5)48.71K
Vol(50)32.97K