MANNATECH INC (MTEX)

US5637712036 - Common Stock

8.19  -0.15 (-1.8%)

Technical Rating and Analysis

1

We assign a technical rating of 1 out of 10 to MTEX. MTEX'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.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
87% of all other stocks performed better in the past year than MTEX.
MTEX 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 MTEX is lagging the market.
In the last month MTEX has a been trading in the 8.15 - 9.33 range, which is quite wide. It is currently trading near the lows of this range.
Warning: MTEX has an average volume of 1252 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
MTEX is part of the Personal Care Products industry. There are 37 other stocks in this industry, MTEX did better than 50% of them.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
MTEX Weekly chart
MTEX Daily chart
Setup Rating and Analysis

6

Although the technical rating is bad, MTEX does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for MTEX 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.
Support and Resistance Analysis

8.03

10.07

When analyzing the support we notice one important area.

  • Support @8.11 from a horizontal line in the daily time frame.

3 important resistance areas can be observed.

  • A resistance zone ranging from 8.52 to 8.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 9.08 to 9.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @9.97 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.03
Mansfield-2.9
10 Day High9.33
10 Day Low8.15
20 Day High9.33
20 Day Low8.15
52 Week High15.1
52 Week Low7.5
Performance
1 Week-1.44%
2 Weeks-5.65%
1 Month-8.8%
3 Month-16%
6 Month-5.59%
12 Month-33.98%
2 Year-75.27%
3 Year-57.91%
5 Year-54.47%
10 Year-49.66%
15 Year-81.26%
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)
Technical Indicators
MACD(12,26,9)-0.03
RSI(14)45.07
LBB7.95
UBB8.99
MTEX Daily chart

MANNATECH INC

NASDAQ:MTEX (4/26/2024, 7:05:19 PM)

8.19

-0.15 (-1.8%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryPersonal Care Products
Performance
% Chg-1.8%
1 Week-1.44%
2 Weeks-5.65%
1 Month-8.8%
3 Month-16%
6 Month-5.59%
12 Month-33.98%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.32
ATR(20)%5.11%
ATR Inc
Range Today0
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High9.33
10 Day Low8.15
20 Day High9.33
20 Day Low8.15
52 Week High15.1
52 Week Low7.5
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume200
Volume Incr-31.37%
Vol(5)700
Vol(50)1.25K