MATERIALISE NV-ADR (MTLS) Stock Technical Analysis
NASDAQ:MTLS • US57667T1007
Overall MTLS gets a technical rating of 0 out of 10. MTLS'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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 76% of all other stocks performed better in the past year than MTLS.
- In the last month MTLS has a been trading in the 5.00 - 5.91 range, which is quite wide. It is currently trading near the lows of this range.
- MTLS is one of the better performing stocks in the Software industry, it outperforms 77% of 274 stocks in the same industry.
- MTLS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MTLS is lagging the market.
- Volume is considerably higher in the last couple of days.
MTLS has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 5.27, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
5.02
When analyzing the support we notice one important area.
- A support zone ranging from 5.07 to 5.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 5.57 to 5.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 5.90 to 5.92. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @6.22 from a horizontal line in the daily time frame.
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 MTLS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MTLS is down. |
| ChartMill Relative Strength | 24.94 | NEGATIVE | MTLS has a low relative strength, it was outperformed by 75.06% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MTLS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MTLS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MTLS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.59 | NEUTRAL | The RSI value for MTLS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests MTLS has a negative trend. |
| Stochastics (14,3) | 23.21 | NEUTRAL | The Stochastics value for MTLS is a neutral value. |
| Average True Range in percent/ATR (20) | 5.21 | HIGH VOLATILITY | The high ATR as a percentage value for MTLS suggests high volalility. |
| Average Directional Index/ADX (14) | 15.68 | NEGATIVE | The low ADX value for MTLS suggests a weak or negative trend. |
5.28
+0.08 (+1.54%)
MATERIALISE NV-ADR / MTLS FAQ
Can you provide the ChartMill technical rating for MATERIALISE NV-ADR?
ChartMill assigns a technical rating of 0 / 10 to MTLS.
What is the trend direction for MTLS stock?
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 44.5936. This indicates that the stock is currently neutral.
Can you provide the MACD signal for MATERIALISE NV-ADR?
The MACD indicator for MATERIALISE NV-ADR (MTLS) has a value of -0.0200041, indicating a bearish trend.
Can you provide the buy/sell signal for MATERIALISE NV-ADR?
The buy/sell signal for MATERIALISE NV-ADR (MTLS) is sell as both the short term and long term trends are negative.