MANITOWOC COMPANY INC (MTW) Technical Analysis
NYSE:MTW • US5635714059
Current stock price
MTW Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to MTW. MTW has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- In the last month MTW has a been trading in the 11.06 - 14.81 range, which is quite wide. It is currently trading near the lows of this range.
- Looking at the yearly performance, MTW did better than 77% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
- MTW is part of the Machinery industry. There are 131 other stocks in this industry, MTW did better than 62% of them.
- MTW is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MTW is lagging the market slightly.
MTW Weekly and Daily overview Charts
MTW Setup Rating and Analysis
MTW has a poor technical rating and the quality of the setup is also only medium 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
MTW Support and Resistance Analysis
11.07
When analyzing the support we notice one important area.
- A support zone ranging from 11.18 to 11.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- Resistance @11.27 from a trend line in the daily time frame.
- A resistance zone ranging from 11.62 to 11.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @12.11 from a horizontal line in the daily time frame.
- Resistance @14.36 from a trend line in the daily time frame.
MTW Technical Indicator Signal Analysis
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 MTW is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MTW is down. |
| ChartMill Relative Strength | 77.36 | POSITIVE | MTW has a high relative strength, it outperformed 77.36% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MTW is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MTW is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MTW is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 31.47 | NEUTRAL | The RSI value for MTW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests MTW has a negative trend. |
| Stochastics (14,3) | 20.92 | NEUTRAL | The Stochastics value for MTW is a neutral value. |
| Average True Range in percent/ATR (20) | 5.37 | HIGH VOLATILITY | The high ATR as a percentage value for MTW suggests high volalility. |
| Average Directional Index/ADX (14) | 33.72 | POSITIVE | The high ADX value value for MTW suggests a strong trend. |
MTW Chart- and CandleStick Pattern Analysis
MTW Technicals: Chart, Performance Metrics, Trend & Indicators
11.27
-0.34 (-2.93%)
MANITOWOC COMPANY INC / MTW TA FAQ
What is the ChartMill technical rating of MANITOWOC COMPANY INC (MTW) stock?
ChartMill assigns a technical rating of 1 / 10 to MTW.
Can you provide the trend direction for MANITOWOC COMPANY INC?
The current trend direction for MANITOWOC COMPANY INC (MTW) is Bearish.
What is the RSI signal for MTW stock?
MANITOWOC COMPANY INC (MTW) has an RSI value of 31.4656. This indicates that the stock is currently neutral.
What is the short term momentum for MTW stock?
The short term momentum for MANITOWOC COMPANY INC (MTW) is negative.
What is the support and resistance level for MTW stock?
MANITOWOC COMPANY INC (MTW) has a support level at 11.18 and a resistance level at 11.27. Check the full technical report for our detailed analysis of MTW support and resistance levels.