METALLUS INC (MTUS) Stock Technical Analysis
NYSE:MTUS - New York Stock Exchange, Inc. - US8873991033 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to MTUS. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, MTUS is only an average performer.
MTUS is part of the Metals & Mining industry. There are 154 other stocks in this industry, of which 71% are performing better than MTUS.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month MTUS has a been trading in the 14.45 - 17.06 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, MTUS outperforms 45% of them, which is more or less in line with the market.
MTUS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MTUS 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.
Although MTUS has an excellent technical rating, the quality of the presented setup is not ideal 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
15.66
17.25
When analyzing the support we notice one important area.
- A support zone ranging from 15.82 to 16.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 16.84 to 17.08. 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 | UP | POSITIVE | The long term trend for MTUS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MTUS is up. |
| ChartMill Relative Strength | 45.03 | NEUTRAL | MTUS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MTUS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MTUS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MTUS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 68.95 | NEUTRAL | The RSI value for MTUS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests MTUS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 75.8 | NEUTRAL | The Stochastics value for MTUS is a neutral value. |
| Average True Range in percent/ATR (20) | 2.87 | MEDIUM VOLATILITY | The ATR as a percentage value for MTUS suggests some volalility. |
| Average Directional Index/ADX (14) | 33.03 | POSITIVE | The high ADX value value for MTUS 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)
16.83
+0.37 (+2.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg2.25%
1 Week6.38%
2 Weeks4.08%
1 Month16.23%
3 Month30.77%
6 Month10.07%
12 Month-24.36%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.49
ATR(20)%2.87%
ATR Inc25.8%
Range Today0.45
ADR(20)0.46
ADR(20)%2.71%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS45.03
Mansfield0.53
10 Day High17.06
10 Day Low15.64
20 Day High17.06
20 Day Low14.45
52 Week High22.78
52 Week Low10.78
CS1 End16.34
CR1 Start16.84
Volume & EV
DER(3)0.41%
DER(5)0.14%
Volume316.60K
Volume Incr-32.01%
Vol(5)265.49K
Vol(50)410.11K