Mer Telemanagement Solutions Ltd (MTSL) Stock Technical Analysis
USA - NASDAQ:MTSL -
We assign a technical rating of 7 out of 10 to MTSL. 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.
Besides having an excellent technical rating, MTSL 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.
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2.76
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. |
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 trade has a worst case loss of 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%)
Mer Telemanagement Solutions Ltd / MTSL FAQ
What is the technical rating for MTSL stock?
ChartMill assigns a technical rating of 6 / 10 to MTSL.
What is the trend direction for MTSL stock?
The current trend direction for Mer Telemanagement Solutions Ltd (MTSL) is Bullish.
What is the RSI signal for Mer Telemanagement Solutions Ltd (MTSL) stock?
Mer Telemanagement Solutions Ltd (MTSL) has an RSI value of 46.1402. This indicates that the stock is currently neutral.
What is the MACD signal for MTSL stock?
The MACD indicator for Mer Telemanagement Solutions Ltd (MTSL) has a value of -0.166053, indicating a bearish trend.
What are the support and resistance levels for Mer Telemanagement Solutions Ltd (MTSL) stock?
Mer Telemanagement Solutions Ltd (MTSL) has a support level at 3.31. Check the full technical report for our detailed analysis of MTSL support and resistance levels.