MARIS - TECH LTD -23 (MTEKW) Stock Technical Analysis
NASDAQ:MTEKW - Nasdaq - - Currency: USD
Overall MTEKW gets a technical rating of 5 out of 10. Although MTEKW 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.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
MTEKW 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 MTEKW is lagging the market.
Warning: MTEKW has an average volume of 7570 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Looking at the yearly performance, MTEKW did better than 97% of all other stocks. On top of that, MTEKW also shows a nice and consistent pattern of rising prices.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
In the last month MTEKW has a been trading in the 0.16 - 0.27 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, MTEKW does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 0.26. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for MTEKW 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
0.15
0.26
We found 4 important support areas.
- A support zone ranging from 0.22 to 0.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.17 to 0.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.16 from a trend line in the daily time frame.
- Support @0.15 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.26 to 0.26. This zone is formed by a combination of multiple trend lines and important moving averages 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 MTEKW is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MTEKW is neutral. |
| ChartMill Relative Strength | 97.64 | POSITIVE | MTEKW has a high relative strength, it outperformed 97.64% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MTEKW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of MTEKW is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of MTEKW is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.18 | NEUTRAL | The RSI value for MTEKW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests MTEKW has a positive trend. |
| Stochastics (14,3) | 57.11 | NEUTRAL | The Stochastics value for MTEKW is a neutral value. |
| Average True Range in percent/ATR (20) | 17.94 | HIGH VOLATILITY | The high ATR as a percentage value for MTEKW suggests high volalility. |
| Average Directional Index/ADX (14) | 26.13 | POSITIVE | The high ADX value value for MTEKW suggests a strong 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:MTEKW (6/6/2025, 8:11:17 PM)
0.2368
-0.01 (-5.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-5.09%
1 Week7.15%
2 Weeks18.4%
1 Month10.19%
3 Month-8.96%
6 Month49.02%
12 Month205.55%
2 Year238.29%
3 Year-27.43%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%17.94%
ATR Inc9.05%
Range Today0.03
ADR(20)0.04
ADR(20)%16.59%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.64
Mansfield-1
10 Day High0.25
10 Day Low0.16
20 Day High0.27
20 Day Low0.16
52 Week High1.88
52 Week Low0.04
CS1 End0.22
CR1 Start0.26
Volume & EV
DER(3)30.75%
DER(5)28.05%
Volume13.30K
Volume Incr60.94%
Vol(5)13.76K
Vol(50)7.57K