MATERION CORP (MTRN) Stock Technical Analysis
NYSE:MTRN - New York Stock Exchange, Inc. - US5766901012 - Common Stock - Currency: USD
Overall MTRN gets a technical rating of 9 out of 10. Both in the recent history as in the last year, MTRN has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
MTRN is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so MTRN is lagging the market slightly.
In the last month MTRN has a been trading in the 91.60 - 113.13 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, MTRN did better than 82% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
MTRN is an average performer in the Metals & Mining industry, it outperforms 46% of 156 stocks in the same industry.
MTRN has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. We notice that large players showed an interest for MTRN in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
82.46
113.82
3 important support areas can be observed.
- Support @106.00 from a horizontal line in the daily time frame.
- Support @99.10 from a trend line in the daily time frame.
- Support @83.29 from a trend 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 | UP | POSITIVE | The long term trend for MTRN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MTRN is up. |
| ChartMill Relative Strength | 82.01 | POSITIVE | MTRN has a high relative strength, it outperformed 82.01% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MTRN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MTRN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MTRN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 75.76 | OVERBOUGHT | The high RSI value suggests MTRN may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.47 | POSITIVE | The MACD value suggests MTRN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 96.85 | OVERBOUGHT | The high Stochastics value suggests MTRN may be overbought. |
| Average True Range in percent/ATR (20) | 3.57 | MEDIUM VOLATILITY | The ATR as a percentage value for MTRN suggests some volalility. |
| Average Directional Index/ADX (14) | 38.55 | POSITIVE | The high ADX value value for MTRN suggests a strong 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 113.14 | 105.99 | 7.15 (6.32%) | 15.82% |
| An entry @113.14. This is a Buy Stop order right above the 10 day high. | An exit @105.99. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 7.15 points, which is 6.32%. | When investing 15.82% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
112.69
+0.28 (+0.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0.25%
1 Week3.25%
2 Weeks7.02%
1 Month27.15%
3 Month41.62%
6 Month16.16%
12 Month-0.22%
2 Year3.58%
3 Year30.56%
5 Year106.43%
10 Year263.99%
15 Year368.57%
Volatility
ATR(14)4.26
ATR(20)%3.57%
ATR Inc-19.03%
Range Today3.13
ADR(20)3.72
ADR(20)%3.3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.01
Mansfield0.65
10 Day High113.13
10 Day Low101.45
20 Day High113.13
20 Day Low91.6
52 Week High123.21
52 Week Low69.1
CS1 End106
CR1 StartN/A
Volume & EV
DER(3)1.99%
DER(5)3.5%
Volume224.70K
Volume Incr-25.67%
Vol(5)205.24K
Vol(50)217.01K