MINGTENG INT CORP-A (MTEN) Technical Analysis
NASDAQ:MTEN • KYG6S85D1170
Current stock price
MTEN Technical Rating and Analysis
Overall MTEN gets a technical rating of 0 out of 10. MTEN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, MTEN is a bad performer in the overall market: 100% of all stocks are doing better.
- MTEN is one of the lesser performing stocks in the Automobile Components industry. 92% of 41 stocks in the same industry do better.
- MTEN is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so MTEN is lagging the market.
- In the last month MTEN has a been trading in the 1.20 - 1.87 range, which is quite wide. It is currently trading near the lows of this range.
- MTEN has an average volume of 20923900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
MTEN Weekly and Daily overview Charts
MTEN Setup Rating and Analysis
MTEN 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
MTEN Support and Resistance Analysis
MTEN 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 | DOWN | NEGATIVE | The long term trend for MTEN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MTEN is down. |
| ChartMill Relative Strength | 0.03 | NEGATIVE | MTEN has a low relative strength, it was outperformed by 99.97% 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) | DOWN | NEGATIVE | The current price of MTEN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 23.26 | OVERSOLD | The low RSI value suggests MTEN may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.55 | POSITIVE | The MACD value suggests MTEN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 12.17 | OVERSOLD | The low Stochastics value suggests MTEN may be oversold. |
| Average True Range in percent/ATR (20) | 11.65 | HIGH VOLATILITY | The high ATR as a percentage value for MTEN suggests high volalility. |
| Average Directional Index/ADX (14) | 4.24 | NEGATIVE | The low ADX value for MTEN suggests a weak or negative trend. |
MTEN Chart- and CandleStick Pattern Analysis
MTEN Technicals: Chart, Performance Metrics, Trend & Indicators
1.27
-0.04 (-3.05%)
MINGTENG INT CORP-A / MTEN TA FAQ
Can you provide the ChartMill technical rating for MINGTENG INT CORP-A?
ChartMill assigns a technical rating of 0 / 10 to MTEN.
What is the trend direction for MTEN stock?
The current trend direction for MINGTENG INT CORP-A (MTEN) is Bearish.
What is the RSI signal for MTEN stock?
MINGTENG INT CORP-A (MTEN) has an RSI value of 23.2612. This indicates that the stock is currently oversold.
What is the short term momentum for MINGTENG INT CORP-A (MTEN) stock?
The short term momentum for MINGTENG INT CORP-A (MTEN) is negative.