MINGTENG INTERNATIONAL CORP (MTEN) Stock Technical Analysis
NASDAQ:MTEN - Nasdaq - KYG6S85D1097 - Common Stock - Currency: USD
Overall MTEN gets a technical rating of 4 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month MTEN has a been trading in the 10.56 - 26.03 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.
MTEN is part of the Automobile Components industry. There are 80 other stocks in this industry. MTEN outperforms 93% of them.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
When comparing the yearly performance of all stocks, we notice that MTEN is one of the better performing stocks in the market, outperforming 94% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
MTEN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MTEN is lagging the market.
MTEN has an average technical rating and it also does not offer a high 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
4.46
13.47
We found 3 important support areas.
- Support @11.31 from a trend line in the daily time frame.
- Support @11.02 from a horizontal line in the daily time frame.
- Support @4.50 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 12.95 to 13.34. 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 | UP | POSITIVE | The long term trend for MTEN is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MTEN is down. |
| ChartMill Relative Strength | 94.02 | POSITIVE | MTEN has a high relative strength, it outperformed 94.02% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MTEN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MTEN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MTEN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.84 | NEUTRAL | The RSI value for MTEN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.4 | NEGATIVE | The MACD value suggests MTEN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 30.21 | NEUTRAL | The Stochastics value for MTEN is a neutral value. |
| Average True Range in percent/ATR (20) | 15.84 | HIGH VOLATILITY | The high ATR as a percentage value for MTEN suggests high volalility. |
| Average Directional Index/ADX (14) | 22.88 | NEUTRAL | The ADX value for MTEN suggests a possible start of a new 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:MTEN (8/18/2025, 8:52:49 PM)
11.78
-0.87 (-6.88%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobile Components
Performance
% Chg-6.88%
1 Week-12.74%
2 Weeks-17.28%
1 Month-44.69%
3 Month-7.1%
6 Month124.38%
12 Month124.81%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.3
ATR(20)%15.84%
ATR Inc24.46%
Range Today1.84
ADR(20)1.82
ADR(20)%15.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.02
Mansfield3.66
10 Day High15.58
10 Day Low10.56
20 Day High26.03
20 Day Low10.56
52 Week High26.03
52 Week Low3.2
CS1 End11.31
CR1 Start12.95
Volume & EV
DER(3)-1.45%
DER(5)2.7%
Volume64.50K
Volume Incr-26.6%
Vol(5)89.52K
Vol(50)102.39K