MATERIALISE NV-ADR (MTLS) Stock Technical Analysis
USA - NASDAQ:MTLS - US57667T1007 - ADR
We assign a technical rating of 6 out of 10 to MTLS. MTLS has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
MTLS 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
4.97
3 important support areas can be observed.
- Support @5.47 from a horizontal line in the daily time frame.
- A support zone ranging from 5.23 to 5.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 5.02 to 5.07. This zone is formed by a combination of multiple trend lines in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 6.41 to 6.41. 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 | NEUTRAL | NEUTRAL | The long term trend for MTLS is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MTLS is neutral. |
| ChartMill Relative Strength | 73.71 | POSITIVE | MTLS has a high relative strength, it outperformed 73.71% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MTLS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MTLS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of MTLS is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 60.26 | NEUTRAL | The RSI value for MTLS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests MTLS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 41.32 | NEUTRAL | The Stochastics value for MTLS is a neutral value. |
| Average True Range in percent/ATR (20) | 5.35 | HIGH VOLATILITY | The high ATR as a percentage value for MTLS suggests high volalility. |
| Average Directional Index/ADX (14) | 27.63 | POSITIVE | The high ADX value value for MTLS suggests a strong trend. |
6.4
+0.74 (+13.07%)
MATERIALISE NV-ADR / MTLS FAQ
Can you provide the ChartMill technical rating for MATERIALISE NV-ADR?
ChartMill assigns a technical rating of 6 / 10 to MTLS.
Can you provide the trend direction for MATERIALISE NV-ADR?
The current trend direction for MATERIALISE NV-ADR (MTLS) is Bearish.
What is the RSI signal for MATERIALISE NV-ADR (MTLS) stock?
MATERIALISE NV-ADR (MTLS) has an RSI value of 60.2635. This indicates that the stock is currently neutral.
What is the MACD signal for MTLS stock?
The MACD indicator for MATERIALISE NV-ADR (MTLS) has a value of -0.0356581, indicating a bearish trend.