MANITOWOC COMPANY INC (MTW) Stock Technical Analysis
NYSE:MTW • US5635714059
Taking everything into account, MTW scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, MTW has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that MTW is one of the better performing stocks in the market, outperforming 87% of all stocks.
- MTW is part of the Machinery industry. There are 130 other stocks in this industry. MTW outperforms 72% of them.
- MTW is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so MTW is lagging the market slightly.
- In the last month MTW has a been trading in the 12.40 - 15.56 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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 13.58, a Stop Loss order could be placed below this zone.
More info and screens
9.80
We found 5 important support areas.
- A support zone ranging from 13.41 to 13.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @12.69 from a horizontal line in the daily time frame.
- Support @12.20 from a horizontal line in the weekly time frame.
- Support @11.69 from a trend line in the weekly time frame.
- Support @9.90 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 14.37 to 14.48. This zone is formed by a combination of multiple trend lines and important moving averages in the daily 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 | 87.08 | POSITIVE | MTW has a high relative strength, it outperformed 87.08% off all stocks 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) | 54.8 | NEUTRAL | The RSI value for MTW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests MTW has a negative trend. |
| Stochastics (14,3) | 60.76 | NEUTRAL | The Stochastics value for MTW is a neutral value. |
| Average True Range in percent/ATR (20) | 5.12 | HIGH VOLATILITY | The high ATR as a percentage value for MTW suggests high volalility. |
| Average Directional Index/ADX (14) | 23.99 | NEUTRAL | The ADX value for MTW suggests a possible start of a new trend. |
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 |
|---|---|---|---|
| 14.49 | 13.40 | 1.09 (7.52%) | 13.29% |
| An entry @14.49. This is a Buy Stop order right above the resistance zone. | An exit @13.40. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.09 points, which is 7.52%. | For a 1.00% total portfolio risk, you can invest 13.29% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of MTW. 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.
14.35
-0.11 (-0.76%)
MANITOWOC COMPANY INC / MTW FAQ
What is the ChartMill technical rating of MANITOWOC COMPANY INC (MTW) stock?
ChartMill assigns a technical rating of 10 / 10 to MTW.
Can you provide the trend direction for MANITOWOC COMPANY INC?
The current trend direction for MANITOWOC COMPANY INC (MTW) is Bullish.
What is the RSI signal for MTW stock?
MANITOWOC COMPANY INC (MTW) has an RSI value of 54.7976. 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 positive.
What is the support and resistance level for MTW stock?
MANITOWOC COMPANY INC (MTW) has a support level at 13.58 and a resistance level at 14.37. Check the full technical report for our detailed analysis of MTW support and resistance levels.