Mer Telemanagement Solutions Ltd (MTSL) Stock Technical Analysis
NASDAQ:MTSL - Nasdaq -
Overall MTSL gets a technical rating of 7 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
MTSL is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month MTSL has a been trading in the 2.91 - 8.94 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
MTSL is one of the better performing stocks in the Software industry, it outperforms 83% of 282 stocks in the same industry.
MTSL has an average volume of 3522090 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
When comparing the yearly performance of all stocks, we notice that MTSL is one of the better performing stocks in the market, outperforming 90% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
Considerably lower volume is observed in the last couple of days.
MTSL 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. There is a support zone below the current price at 3.31, a Stop Loss order could be placed below this zone.
More info and screens
2.76
3.40
When analyzing the support we can see 4 important areas.
- A support zone ranging from 3.30 to 3.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @3.13 from a trend line in the daily time frame.
- Support @2.93 from a trend line in the weekly time frame.
- Support @2.79 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 MTSL is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MTSL is down. |
| ChartMill Relative Strength | 90.09 | POSITIVE | MTSL has a high relative strength, it outperformed 90.09% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of MTSL is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MTSL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MTSL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.14 | NEUTRAL | The RSI value for MTSL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests MTSL has a negative trend. |
| Stochastics (14,3) | 3.36 | OVERSOLD | The low Stochastics value suggests MTSL may be oversold. |
| Average True Range in percent/ATR (20) | 29.48 | HIGH VOLATILITY | The high ATR as a percentage value for MTSL suggests high volalility. |
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 |
|---|---|---|---|
| 4.15 | 3.29 | 0.86 (20.80%) | 4.81% |
| An entry @4.15. This is a Buy Stop order right above the 10 day moving average. | An exit @3.29. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.86 points, which is 20.80%. | When investing 4.81% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of MTSL. Please evaluate whether better entry and exit points can be found.
- 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.
3.37
-0.03 (-0.88%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-0.88%
1 Week-30.37%
2 Weeks-19.38%
1 Month13.09%
3 Month16.21%
6 Month16.21%
12 Month101.8%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.3
ATR(20)%29.48%
ATR Inc-71.38%
Range Today0.38
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.09
Mansfield3.21
10 Day High6.14
10 Day Low3.12
20 Day High8.94
20 Day Low2.91
52 Week High8.94
52 Week Low1.01
CS1 End3.31
CR1 StartN/A
Volume & EV
DER(3)-2.14%
DER(5)0.3%
Volume731.70K
Volume Incr-78.07%
Vol(5)1.76M
Vol(50)3.52M