MANITOWOC COMPANY INC (MTW) Stock Technical Analysis
USA - NYSE:MTW - US5635714059 - Common Stock
11.24 USD
+0.93 (+9.02%)
11.24 USD
0 (0%)
We assign a technical rating of 4 out of 10 to MTW. MTW has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
In the last month MTW has a been trading in the 9.93 - 11.68 range, which is quite wide. It is currently trading near the high of this range.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When compared to the yearly performance of all other stocks, MTW outperforms 61% of them, which is more or less in line with the market.
MTW is part of the Machinery industry. There are 130 other stocks in this industry, MTW did better than 65% of them.
MTW is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MTW is lagging the market.
MTW has an average technical rating and it also does not offer a high 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
9.62
13.15
We found 5 important support areas.
- Support @11.23 from a trend line in the daily time frame.
- A support zone ranging from 10.65 to 10.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @10.23 from a trend line in the weekly time frame.
- A support zone ranging from 9.90 to 9.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @9.72 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 11.47 to 11.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @12.50 from a trend line in the weekly time frame.
- A resistance zone ranging from 12.98 to 13.02. This zone is formed by a combination of multiple trend lines in the weekly time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for MTW is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MTW is neutral. |
| ChartMill Relative Strength | 61.05 | NEUTRAL | MTW is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MTW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MTW is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MTW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.83 | NEUTRAL | The RSI value for MTW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests MTW has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 34.22 | NEUTRAL | The Stochastics value for MTW is a neutral value. |
| Average True Range in percent/ATR (20) | 4.21 | MEDIUM VOLATILITY | The ATR as a percentage value for MTW suggests some volalility. |
| Average Directional Index/ADX (14) | 20.22 | NEUTRAL | The ADX value for MTW suggests a possible start of a new 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)
11.24
+0.93 (+9.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg9.02%
1 Week8.91%
2 Weeks-0.27%
1 Month6.24%
3 Month7.56%
6 Month11.51%
12 Month1.81%
2 Year-21.56%
3 Year14.46%
5 Year1.17%
10 Year-21.48%
15 Year20.85%
Volatility
ATR(14)0.49
ATR(20)%4.21%
ATR Inc119.1%
Range Today1.35
ADR(20)0.45
ADR(20)%4.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS61.05
3 months CRS74.76
6 months CRS61.49
Mansfield-0.03
10 Day High11.68
10 Day Low9.93
20 Day High11.68
20 Day Low9.93
52 Week High13.62
52 Week Low7.06
CS1 End11.23
CR1 Start11.47
Volume & EV
DER(3)-0.75%
DER(5)-0.02%
Volume495.55K
Volume Incr52.08%
Vol(5)351.53K
Vol(50)268.20K
MANITOWOC COMPANY INC / MTW FAQ
What is the ChartMill technical rating of MANITOWOC COMPANY INC (MTW) stock?
ChartMill assigns a technical rating of 4 / 10 to MTW.
What is the current trend direction of MANITOWOC COMPANY INC (MTW) stock?
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 57.8315. This indicates that the stock is currently neutral.
What is the short term momentum for MANITOWOC COMPANY INC (MTW) stock?
The short term momentum for MANITOWOC COMPANY INC (MTW) is neutral.