MECHEL PJSC-SPONSORED ADR (MTL) Technical Analysis
NYSE:MTL • US5838406081
Current stock price
2.25 USD
-0.05 (-2.17%)
At close:
2.25 USD
0 (0%)
After Hours:
MTL Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to MTL. MTL has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- MTL is part of the Metals & Mining industry. There are 158 other stocks in this industry, of which 73% are performing better than MTL.
- MTL 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 MTL is lagging the market.
- In the last month MTL has a been trading in the 1.88 - 4.32 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.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- When comparing the performance of all stocks over the past year, MTL turns out to be only a medium performer in the overall market: it outperformed 62% of all stocks.
MTL Weekly and Daily overview Charts
MTL Setup Rating and Analysis
The technical rating of MTL is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
MTL Support and Resistance Analysis
2.23
4.23
When analyzing the resistance we notice 2 important areas.
- Resistance @4.12 from a horizontal line in the daily time frame.
- Resistance @4.19 from a trend line in the daily time frame.
MTL 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 | NEUTRAL | NEUTRAL | The long term trend for MTL is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MTL is down. |
| ChartMill Relative Strength | 62.51 | NEUTRAL | MTL is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MTL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MTL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of MTL is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 33.36 | NEUTRAL | The RSI value for MTL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests MTL has a negative trend. |
| Stochastics (14,3) | 11.14 | OVERSOLD | The low Stochastics value suggests MTL may be oversold. |
| Average True Range in percent/ATR (20) | 13.07 | HIGH VOLATILITY | The high ATR as a percentage value for MTL suggests high volalility. |
MTL Chart- and CandleStick Pattern Analysis
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)
MTL Technicals: Chart, Performance Metrics, Trend & Indicators
2.25
-0.05 (-2.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-2.17%
1 Week-42.46%
2 Weeks-40.48%
1 Month-18.77%
3 Month-23.47%
6 Month-21.87%
12 Month22.95%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.35
ATR(20)%13.07%
ATR Inc117.26%
Range Today0.21
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS62.51
3 months CRSN/A
6 months CRSN/A
Mansfield-1.81
10 Day High4.32
10 Day Low1.88
20 Day High4.32
20 Day Low1.88
52 Week High5.19
52 Week Low1.58
CS1 EndN/A
CR1 Start4.12
Volume & EV
DER(3)-2.37%
DER(5)-1.13%
Volume722.20K
Volume Incr177.25%
Vol(5)693.76K
Vol(50)293.62K
MECHEL PJSC-SPONSORED ADR / MTL TA FAQ
What is the technical rating for MTL stock?
ChartMill assigns a technical rating of 1 / 10 to MTL.
What is the trend direction for MTL stock?
The current trend direction for MECHEL PJSC-SPONSORED ADR (MTL) is Bearish.
What is the RSI signal for MTL stock?
MECHEL PJSC-SPONSORED ADR (MTL) has an RSI value of 33.3627. This indicates that the stock is currently neutral.
What is the short term momentum for MTL stock?
The short term momentum for MECHEL PJSC-SPONSORED ADR (MTL) is negative.