MANITOWOC COMPANY INC (MTW) Stock Technical Analysis
NYSE:MTW - New York Stock Exchange, Inc. - US5635714059 - Common Stock - Currency: USD
Taking everything into account, MTW scores 8 out of 10 in our technical rating. Although MTW is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
When compared to the yearly performance of all other stocks, MTW outperforms 47% of them, which is more or less in line with the market.
MTW is an average performer in the Machinery industry, it outperforms 56% of 128 stocks in the same industry.
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.
In the last month MTW has a been trading in the 8.72 - 11.81 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
MTW has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 10.32, a Stop Loss order could be placed below this zone.
More info and screens
10.22
11.89
When analyzing the support we notice one important area.
- A support zone ranging from 10.32 to 10.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- Resistance @11.52 from a trend line in the weekly time frame.
- Resistance @11.77 from a horizontal line 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 | UP | POSITIVE | The long term trend for MTW is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MTW is up. |
| ChartMill Relative Strength | 47.13 | NEUTRAL | MTW is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of MTW is below 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) | 58.95 | NEUTRAL | The RSI value for MTW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests MTW has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 33.87 | NEUTRAL | The Stochastics value for MTW is a neutral value. |
| Average True Range in percent/ATR (20) | 4.28 | MEDIUM VOLATILITY | The ATR as a percentage value for MTW suggests some volalility. |
| Average Directional Index/ADX (14) | 27.1 | POSITIVE | The high ADX value value for MTW 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 |
|---|---|---|---|
| 11.53 | 10.31 | 1.22 (10.58%) | 9.45% |
| An entry @11.53. This is a Buy Stop order right above the resistance zone. | An exit @10.31. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.22 points, which is 10.58%. | For a 1.00% total portfolio risk, you can invest 9.45% of your capital in this trade. |
- 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.
10.84
+0.1 (+0.93%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg0.93%
1 Week0%
2 Weeks1.5%
1 Month26.64%
3 Month8.84%
6 Month6.17%
12 Month-8.14%
2 Year-42.43%
3 Year2.94%
5 Year-0.37%
10 Year-34.71%
15 Year40.01%
Volatility
ATR(14)0.37
ATR(20)%4.28%
ATR Inc-39.64%
Range Today0.27
ADR(20)0.39
ADR(20)%3.63%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS47.13
Mansfield0.54
10 Day High11
10 Day Low10.26
20 Day High11.82
20 Day Low8.73
52 Week High13.46
52 Week Low7.06
CS1 End10.32
CR1 Start11.52
Volume & EV
DER(3)1.15%
DER(5)-2.25%
Volume129.50K
Volume Incr-43.98%
Vol(5)179.68K
Vol(50)280.28K