MARIS - TECH LTD -23 (MTEKW) Technical Analysis
NASDAQ:MTEKW
Current stock price
MTEKW Technical Rating and Analysis
Taking everything into account, MTEKW scores 1 out of 10 in our technical rating. MTEKW'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.
- When comparing the yearly performance of all stocks, MTEKW is a bad performer in the overall market: 85% of all stocks are doing better.
- MTEKW is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so MTEKW is lagging the market.
- In the last month MTEKW has a been trading in the 0.13 - 0.32 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Warning: MTEKW has an average volume of 11730 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
MTEKW Weekly and Daily overview Charts
MTEKW Setup Rating and Analysis
MTEKW has a poor technical rating and the quality of the setup is also only medium 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
MTEKW Support and Resistance Analysis
0.11
2 important support areas can be observed.
- A support zone ranging from 0.12 to 0.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 0.11 to 0.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @0.30 from a horizontal line in the daily time frame.
MTEKW 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 MTEKW is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MTEKW is down. |
| ChartMill Relative Strength | 15.35 | NEGATIVE | MTEKW has a low relative strength, it was outperformed by 84.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MTEKW is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MTEKW is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MTEKW is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.7 | NEUTRAL | The RSI value for MTEKW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests MTEKW has a negative trend. |
| Stochastics (14,3) | 16.87 | OVERSOLD | The low Stochastics value suggests MTEKW may be oversold. |
| Average True Range in percent/ATR (20) | 35.15 | HIGH VOLATILITY | The high ATR as a percentage value for MTEKW suggests high volalility. |
| Average Directional Index/ADX (14) | 17.52 | NEGATIVE | The low ADX value for MTEKW suggests a weak or negative trend. |
MTEKW Chart- and CandleStick Pattern Analysis
MTEKW Technicals: Chart, Performance Metrics, Trend & Indicators
0.13
-0.04 (-25.71%)
MARIS - TECH LTD -23 / MTEKW TA FAQ
What is the technical rating for MTEKW stock?
ChartMill assigns a technical rating of 1 / 10 to MTEKW.
What is the current trend direction of MARIS - TECH LTD -23 (MTEKW) stock?
The current trend direction for MARIS - TECH LTD -23 (MTEKW) is Bearish.
Can you provide the RSI signal for MARIS - TECH LTD -23?
MARIS - TECH LTD -23 (MTEKW) has an RSI value of 39.696. This indicates that the stock is currently neutral.
What is the MACD signal for MARIS - TECH LTD -23 (MTEKW) stock?
The MACD indicator for MARIS - TECH LTD -23 (MTEKW) has a value of -0.0129023, indicating a bearish trend.
What is the short term momentum for MARIS - TECH LTD -23 (MTEKW) stock?
The short term momentum for MARIS - TECH LTD -23 (MTEKW) is negative.