MINERALS TECHNOLOGIES INC (MTX)

US6031581068 - Common Stock

71.67  +0.66 (+0.93%)

Technical Rating and Analysis

5

We assign a technical rating of 5 out of 10 to MTX. In the last year, MTX was one of the better performers, but we do observe some doubts in the very recent evolution.

In the last month MTX has a been trading in the 70.73 - 76.80 range, which is quite wide. It is currently trading near the lows of this range.
MTX is part of the Chemicals industry. There are 84 other stocks in this industry. MTX outperforms 75% of them.
MTX is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so MTX is performing more or less in line with the market.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
When comparing the yearly performance of all stocks, we notice that MTX is one of the better performing stocks in the market, outperforming 80% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
Weekly and Daily overview Charts
MTX Weekly chart
MTX Daily chart
Setup Rating and Analysis

6

Although the technical rating is only medium, MTX does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 71.00, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

48.92

77.47

2 important support areas can be observed.

  • A support zone ranging from 71.00 to 71.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @49.41 from a horizontal line in the weekly time frame.

2 important resistance areas can be observed.

  • A resistance zone ranging from 72.25 to 73.52. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Resistance @76.70 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.84
Mansfield0.49
10 Day High74.76
10 Day Low70.73
20 Day High76.8
20 Day Low70.73
52 Week High76.8
52 Week Low48.61
Performance
1 Week-1.95%
2 Weeks-4.22%
1 Month-4.68%
3 Month8.51%
6 Month34.97%
12 Month21.38%
2 Year11.63%
3 Year-9.12%
5 Year13.13%
10 Year19.36%
15 Year281.88%
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)
Technical Indicators
MACD(12,26,9)-0.47
RSI(14)40.45
LBB70.15
UBB75.53
MTX Daily chart

MINERALS TECHNOLOGIES INC

NYSE:MTX (4/19/2024, 1:31:06 PM)

71.67

+0.66 (+0.93%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg0.93%
1 Week-1.95%
2 Weeks-4.22%
1 Month-4.68%
3 Month8.51%
6 Month34.97%
12 Month21.38%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.38
ATR(20)%1.9%
ATR Inc
Range Today2.21
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High74.76
10 Day Low70.73
20 Day High76.8
20 Day Low70.73
52 Week High76.8
52 Week Low48.61
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume43.20K
Volume Incr-7.14%
Vol(5)128.36K
Vol(50)144.52K