MODERN TIMES GROUP-B SHS (MTGB.ST) Stock Technical Analysis
Europe - Nasdaq Stockholm AB - STO:MTGB - SE0018012494 - Common Stock
Taking everything into account, MTGB scores 6 out of 10 in our technical rating. 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.
Although the technical rating is only medium, MTGB does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 116.73, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for MTGB 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.
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103.52
2 important support areas can be observed.
- A support zone ranging from 113.60 to 116.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @104.57 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @124.60 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 128.00 to 128.00. This zone is formed by a combination of multiple trend lines 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 MTGB.ST is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MTGB.ST is neutral. |
| ChartMill Relative Strength | 77.89 | POSITIVE | MTGB.ST has a high relative strength, it outperformed 77.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MTGB.ST is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of MTGB.ST is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of MTGB.ST is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.53 | NEUTRAL | The RSI value for MTGB.ST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests MTGB.ST has a positive trend. |
| Stochastics (14,3) | 57.67 | NEUTRAL | The Stochastics value for MTGB.ST is a neutral value. |
| Average True Range in percent/ATR (20) | 2.53 | MEDIUM VOLATILITY | The ATR as a percentage value for MTGB.ST suggests some volalility. |
| Average Directional Index/ADX (14) | 24.76 | NEUTRAL | The ADX value for MTGB.ST suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 121.91 | 113.59 | 8.32 (6.82%) | 14.65% |
| An entry @121.91. This is a Buy Stop order right above the 10 day high. | An exit @113.59. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 8.32 points, which is 6.82%. | For a 1.00% total portfolio risk, you can invest 14.65% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
STO:MTGB (12/2/2025, 12:25:23 PM)
116.9
-1.8 (-1.52%)
MODERN TIMES GROUP-B SHS / MTGB.ST FAQ
Can you provide the ChartMill technical rating for MODERN TIMES GROUP-B SHS?
ChartMill assigns a technical rating of 6 / 10 to MTGB.ST.
Can you provide the trend direction for MODERN TIMES GROUP-B SHS?
The current trend direction for MODERN TIMES GROUP-B SHS (MTGB.ST) is Bullish.
What is the RSI signal for MTGB stock?
MODERN TIMES GROUP-B SHS (MTGB.ST) has an RSI value of 49.5256. This indicates that the stock is currently neutral.
Can you provide the MACD signal for MODERN TIMES GROUP-B SHS?
The MACD indicator for MODERN TIMES GROUP-B SHS (MTGB.ST) has a value of 0.104915, indicating a bearish trend.
Can you provide the short term momentum for MODERN TIMES GROUP-B SHS?
The short term momentum for MODERN TIMES GROUP-B SHS (MTGB.ST) is neutral.