MESA ROYALTY TRUST (MTR) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:MTR - US5906601068
4.3594 USD
+0.11 (+2.57%)
4.1 USD
-0.26 (-5.95%)
Taking everything into account, MTR scores 0 out of 10 in our technical rating. MTR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
85% of all other stocks performed better in the past year than MTR.
MTR is part of the Oil, Gas & Consumable Fuels industry. There are 209 other stocks in this industry, of which 75% are performing better than MTR.
MTR is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
MTR is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Warning: MTR has an average volume of 12190 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Considerably lower volume is observed in the last couple of days.
MTR has a poor technical rating and the quality of the setup is also not perfect 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
4.32
5.25
We can see 5 important resistance areas.
- A resistance zone ranging from 4.51 to 4.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 4.61 to 4.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 4.77 to 4.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 4.91 to 4.91. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @5.20 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 MTR is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MTR is down. |
| ChartMill Relative Strength | 15.44 | NEGATIVE | MTR has a low relative strength, it was outperformed by 84.56% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MTR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MTR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MTR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.94 | NEUTRAL | The RSI value for MTR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests MTR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 27.88 | NEUTRAL | The Stochastics value for MTR is a neutral value. |
| Average True Range in percent/ATR (20) | 4.47 | MEDIUM VOLATILITY | The ATR as a percentage value for MTR suggests some volalility. |
| Average Directional Index/ADX (14) | 14.93 | NEGATIVE | The low ADX value for MTR suggests a weak or negative trend. |
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)
4.3594
+0.11 (+2.57%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg2.57%
1 Week5.05%
2 Weeks-7.15%
1 Month-9.74%
3 Month-17.75%
6 Month-23.13%
12 Month-27.58%
2 Year-66.97%
3 Year-80.19%
5 Year6.72%
10 Year-41.87%
15 Year-91.15%
Volatility
ATR(14)0.22
ATR(20)%4.47%
ATR Inc-16.68%
Range Today0.17
ADR(20)0.16
ADR(20)%3.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.44
3 months CRS17.94
6 months CRS14.42
Mansfield-2.91
10 Day High4.95
10 Day Low4.03
20 Day High4.95
20 Day Low4.03
52 Week High10.42
52 Week Low4.03
CS1 EndN/A
CR1 Start4.51
Volume & EV
DER(3)3.21%
DER(5)5.77%
Volume10.65K
Volume Incr-46.18%
Vol(5)6.43K
Vol(50)12.19K
MESA ROYALTY TRUST / MTR FAQ
What is the ChartMill technical rating of MESA ROYALTY TRUST (MTR) stock?
ChartMill assigns a technical rating of 0 / 10 to MTR.
Can you provide the trend direction for MESA ROYALTY TRUST?
The current trend direction for MESA ROYALTY TRUST (MTR) is Bearish.
What is the RSI signal for MTR stock?
MESA ROYALTY TRUST (MTR) has an RSI value of 43.9403. This indicates that the stock is currently neutral.
What is the short term momentum for MTR stock?
The short term momentum for MESA ROYALTY TRUST (MTR) is negative.
What is the buy/sell signal for MTR stock?
The buy/sell signal for MESA ROYALTY TRUST (MTR) is sell as both the short term and long term trends are negative.