METALLUS INC (MTUS) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:MTUS - US8873991033 - Common Stock
Overall MTUS gets a technical rating of 7 out of 10. Although MTUS is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although MTUS has an excellent technical rating, it does not present a decent entry opportunity 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.
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15.42
When analyzing the support we can see 4 important areas.
- Support @17.41 from a trend line in the weekly time frame.
- A support zone ranging from 16.49 to 16.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 15.87 to 15.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @15.58 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 17.75 to 17.98. 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 | 61.34 | 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) | 60.72 | NEUTRAL | The RSI value for MTUS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests MTUS has a positive trend. |
| Stochastics (14,3) | 87.71 | OVERBOUGHT | The high Stochastics value suggests MTUS may be overbought. |
| Average True Range in percent/ATR (20) | 3.86 | MEDIUM VOLATILITY | The ATR as a percentage value for MTUS suggests some volalility. |
| Average Directional Index/ADX (14) | 18.04 | NEGATIVE | The low ADX value for MTUS suggests a weak or negative trend. |
17.52
+0.72 (+4.29%)
METALLUS INC / MTUS FAQ
What is the ChartMill technical rating of METALLUS INC (MTUS) stock?
ChartMill assigns a technical rating of 7 / 10 to MTUS.
Can you provide the trend direction for METALLUS INC?
The current trend direction for METALLUS INC (MTUS) is Bullish.
Can you provide the RSI signal for METALLUS INC?
METALLUS INC (MTUS) has an RSI value of 60.7185. This indicates that the stock is currently neutral.
Can you provide the MACD signal for METALLUS INC?
The MACD indicator for METALLUS INC (MTUS) has a value of 0.149127, indicating a bearish trend.
What is the support and resistance level for MTUS stock?
METALLUS INC (MTUS) has a support level at 17.41 and a resistance level at 17.75. Check the full technical report for our detailed analysis of MTUS support and resistance levels.