MATRIX SERVICE CO (MTRX) Stock Technical Analysis
USA - NASDAQ:MTRX - US5768531056 - Common Stock
14.16 USD
+0.29 (+2.09%)
14.16 USD
0 (0%)
Overall MTRX gets a technical rating of 5 out of 10. MTRX has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month MTRX has a been trading in the 12.23 - 14.20 range, which is quite wide. It is currently trading near the high of this range.
When comparing the performance of all stocks over the past year, MTRX turns out to be only a medium performer in the overall market: it outperformed 61% of all stocks.
MTRX is an average performer in the Construction & Engineering industry, it outperforms 50% of 55 stocks in the same industry.
MTRX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MTRX is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
MTRX has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
10.90
15.99
We found 4 important support areas.
- A support zone ranging from 13.26 to 13.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 12.26 to 12.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @12.04 from a horizontal line in the daily time frame.
- Support @11.01 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 15.20 to 15.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 15.82 to 15.83. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for MTRX is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MTRX is up. |
| ChartMill Relative Strength | 61.66 | NEUTRAL | MTRX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MTRX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of MTRX is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MTRX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63 | NEUTRAL | The RSI value for MTRX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.19 | POSITIVE | The MACD value suggests MTRX has a positive trend. |
| Stochastics (14,3) | 95.47 | OVERBOUGHT | The high Stochastics value suggests MTRX may be overbought. |
| Average True Range in percent/ATR (20) | 3.01 | MEDIUM VOLATILITY | The ATR as a percentage value for MTRX suggests some volalility. |
| Average Directional Index/ADX (14) | 25.35 | POSITIVE | The high ADX value value for MTRX 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)
14.16
+0.29 (+2.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg2.09%
1 Week10.8%
2 Weeks15.4%
1 Month9.51%
3 Month-7.69%
6 Month18.99%
12 Month23.78%
2 Year21.55%
3 Year188.98%
5 Year86.32%
10 Year-37.62%
15 Year55.95%
Volatility
ATR(14)0.46
ATR(20)%3.01%
ATR Inc20.91%
Range Today0.32
ADR(20)0.42
ADR(20)%2.97%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS61.66
3 months CRS18.89
6 months CRS64.62
Mansfield-0.32
10 Day High14.2
10 Day Low12.29
20 Day High14.2
20 Day Low12.23
52 Week High16.11
52 Week Low9.33
CS1 End13.61
CR1 Start15.2
Volume & EV
DER(3)0.24%
DER(5)1.86%
Volume351.00K
Volume Incr19.67%
Vol(5)329.80K
Vol(50)269.42K
MATRIX SERVICE CO / MTRX FAQ
Can you provide the ChartMill technical rating for MATRIX SERVICE CO?
ChartMill assigns a technical rating of 5 / 10 to MTRX.
Can you provide the trend direction for MATRIX SERVICE CO?
The current trend direction for MATRIX SERVICE CO (MTRX) is Bearish.
What is the RSI signal for MTRX stock?
MATRIX SERVICE CO (MTRX) has an RSI value of 63.0014. This indicates that the stock is currently neutral.
Can you provide the MACD signal for MATRIX SERVICE CO?
The MACD indicator for MATRIX SERVICE CO (MTRX) has a value of 0.191885, indicating a bearish trend.