Overall MTEK gets a technical rating of 2 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. MTEK was also a bad performer in the overall market in the last year.
The technical rating of MTEK is bad and it also does not present a 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
1.05
When analyzing the support we notice one important area.
- Support @1.06 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 1.47 to 1.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 MTEK is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MTEK is up. |
| ChartMill Relative Strength | 7.23 | NEGATIVE | MTEK has a low relative strength, it was outperformed by 92.77% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MTEK is above the rising 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) | DOWN | NEGATIVE | The current price of MTEK is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.03 | NEUTRAL | The RSI value for MTEK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests MTEK has a positive trend. |
| Stochastics (14,3) | 89.36 | OVERBOUGHT | The high Stochastics value suggests MTEK may be overbought. |
| Average True Range in percent/ATR (20) | 8.03 | HIGH VOLATILITY | The high ATR as a percentage value for MTEK suggests high volalility. |
| Average Directional Index/ADX (14) | 23.62 | NEUTRAL | The ADX value for MTEK suggests a possible start of a new trend. |
1.46
+0.01 (+0.69%)
MARIS - TECH LTD / MTEK FAQ
What is the technical rating for MTEK stock?
ChartMill assigns a technical rating of 2 / 10 to MTEK.
What is the trend direction for MTEK stock?
The current trend direction for MARIS - TECH LTD (MTEK) is Bearish.
What is the RSI signal for MTEK stock?
MARIS - TECH LTD (MTEK) has an RSI value of 59.028. This indicates that the stock is currently neutral.
What is the MACD signal for MARIS - TECH LTD (MTEK) stock?
The MACD indicator for MARIS - TECH LTD (MTEK) has a value of 0.0386768, indicating a bearish trend.
Can you provide the buy/sell signal for MARIS - TECH LTD?
The buy/sell signal for MARIS - TECH LTD (MTEK) is hold as the short term and long term trends are mixed.