METALLUS INC (MTUS) Stock Technical Analysis
NYSE:MTUS - New York Stock Exchange, Inc. - US8873991033 - Common Stock - Currency: USD
Overall MTUS gets a technical rating of 8 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.
MTUS is part of the Metals & Mining industry. There are 157 other stocks in this industry, of which 67% are performing better than MTUS.
The long and short term trends are both positive. This is looking good!
When comparing the performance of all stocks over the past year, MTUS turns out to be only a medium performer in the overall market: it outperformed 50% of all stocks.
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.
In the last month MTUS has a been trading in the 15.21 - 18.17 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, MTUS also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
15.66
17.17
When analyzing the support we can see 2 important areas.
- A support zone ranging from 16.20 to 16.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @15.82 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 16.75 to 17.00. 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 | 50.36 | 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) | 58.03 | NEUTRAL | The RSI value for MTUS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests MTUS has a negative trend. |
| Stochastics (14,3) | 46.38 | NEUTRAL | The Stochastics value for MTUS is a neutral value. |
| Average True Range in percent/ATR (20) | 3.34 | MEDIUM VOLATILITY | The ATR as a percentage value for MTUS suggests some volalility. |
| Average Directional Index/ADX (14) | 36.43 | 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)
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 |
|---|---|---|---|
| 17.01 | 16.19 | 0.82 (4.82%) | 20.74% |
| An entry @17.01. This is a Buy Stop order right above the resistance zone. | An exit @16.19. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.82 points, which is 4.82%. | When investing 20.74% 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 MTUS. 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.
16.66
-0.34 (-2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-2%
1 Week1.22%
2 Weeks3.29%
1 Month7%
3 Month26.98%
6 Month11.51%
12 Month-15.52%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.55
ATR(20)%3.34%
ATR Inc-35.72%
Range Today0.36
ADR(20)0.51
ADR(20)%3.07%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS50.36
Mansfield0.37
10 Day High18.17
10 Day Low15.64
20 Day High18.17
20 Day Low15.21
52 Week High19.8
52 Week Low10.78
CS1 End16.57
CR1 Start16.75
Volume & EV
DER(3)0.94%
DER(5)2.1%
Volume329.10K
Volume Incr35.94%
Vol(5)449.66K
Vol(50)392.84K