MEGA MATRIX CORP (MTMT)
US0077371096 - Common Stock
Taking everything into account, MTMT scores 2 out of 10 in our technical rating. MTMT'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.
When comparing the yearly performance of all stocks, MTMT is a bad performer in the overall market: 100% of all stocks are doing better.
MTMT is one of the lesser performing stocks in the Trading Companies & Distributors industry. 94% of 51 stocks in the same industry do better.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
MTMT is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MTMT is lagging the market slightly.
In the last month MTMT has a been trading in the 1.56 - 1.83 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
MTMT has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 1.75. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for MTMT in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- 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
1.58
1.79
When analyzing the support we can see 2 important areas.
- Support @1.64 from a horizontal line in the weekly time frame.
- A support zone ranging from 1.60 to 1.61. 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 1.75 to 1.77. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High1.8
10 Day Low1.56
20 Day High1.83
20 Day Low1.56
52 Week High2.57
52 Week Low0.91
Performance
1 Week3.03%
2 Weeks3.03%
1 Month0.59%
3 Month-14.14%
6 Month63.46%
12 Month0%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)0.01
RSI(14)50.1
LBB1.59
UBB1.75
MEGA MATRIX CORP
NYSEARCA:MTMT (2/3/2023, 7:04:02 PM)
1.7
-0.06 (-3.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryTrading Companies & Distributors
Performance
% Chg-3.41%
1 Week3.03%
2 Weeks3.03%
1 Month0.59%
3 Month-14.14%
6 Month63.46%
12 Month0%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.08
ATR(20)%4.59%
ATR Inc
Range Today0.1
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 High1.8
10 Day Low1.56
20 Day High1.83
20 Day Low1.56
52 Week High2.57
52 Week Low0.91
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume38.40K
Volume Incr201.37%
Vol(5)63.74K
Vol(50)37.24K