MATTEL INC (MTT.DE) Stock Technical Analysis
FRA:MTT - Deutsche Boerse Ag - US5770811025 - Common Stock - Currency: EUR
We assign a technical rating of 0 out of 10 to MTT. MTT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
85% of all other stocks performed better in the past year than MTT.
MTT is part of the Leisure Products industry. There are 13 other stocks in this industry, of which 75% are performing better than MTT.
MTT 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 MTT has a been trading in the 16.50 - 21.12 range, which is quite wide. It is currently trading near the lows of this range.
Warning: MTT has an average volume of 601 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.
The technical rating of MTT is bad and it also does not present a quality setup 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
15.79
20.80
2 important support areas can be observed.
- Support @16.67 from a trend line in the daily time frame.
- Support @15.95 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 18.27 to 18.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 19.57 to 19.73. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 20.52 to 20.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 MTT.DE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MTT.DE is down. |
| ChartMill Relative Strength | 15.36 | NEGATIVE | MTT.DE has a low relative strength, it was outperformed by 84.64% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MTT.DE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MTT.DE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MTT.DE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 35.65 | NEUTRAL | The RSI value for MTT.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.24 | NEGATIVE | The MACD value suggests MTT.DE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 20.8 | NEUTRAL | The Stochastics value for MTT.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 3.5 | MEDIUM VOLATILITY | The ATR as a percentage value for MTT.DE suggests some volalility. |
| Average Directional Index/ADX (14) | 25.92 | POSITIVE | The high ADX value value for MTT.DE 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)
FRA:MTT (11/24/2023, 7:00:00 PM)
17.05
+0.17 (+1.01%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryLeisure Products
Performance
% Chg1.01%
1 Week-3.56%
2 Weeks-13.05%
1 Month-15.43%
3 Month-9.5%
6 Month-8.63%
12 Month-18.09%
2 Year-4.08%
3 Year43.98%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.72
ATR(20)%3.5%
ATR Inc18.9%
Range Today0.06
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
CRS15.36
Mansfield-2.05
10 Day High19.84
10 Day Low16.5
20 Day High21.12
20 Day Low16.5
52 Week High23.88
52 Week Low14.61
CS1 End16.67
CR1 Start18.27
Volume & EV
DER(3)0%
DER(5)0%
Volume134
Volume Incr-53.06%
Vol(5)235.4
Vol(50)601.68