MINERALS TECHNOLOGIES INC (MTX) Stock Technical Analysis
NYSE:MTX - New York Stock Exchange, Inc. - US6031581068 - Common Stock - Currency: USD
Overall MTX gets a technical rating of 1 out of 10. MTX's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
84% of all other stocks performed better in the past year than MTX.
MTX is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
MTX is part of the Chemicals industry. There are 85 other stocks in this industry, MTX did better than 44% of them.
In the last month MTX has a been trading in the 49.54 - 59.30 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
MTX has a poor technical rating and the quality of the setup is also not perfect 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
52.29
86.03
When analyzing the support we notice one important area.
- A support zone ranging from 52.82 to 52.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 5 important areas.
- Resistance @57.32 from a trend line in the daily time frame.
- Resistance @58.81 from a horizontal line in the daily time frame.
- Resistance @65.67 from a trend line in the daily time frame.
- Resistance @80.16 from a trend line in the weekly time frame.
- Resistance @85.18 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.46
Mansfield-2.44
10 Day High56.25
10 Day Low49.54
20 Day High59.3
20 Day Low49.54
52 Week High90.3
52 Week Low49.54
Performance
1 Week5.64%
2 Weeks5.7%
1 Month0.27%
3 Month-24.19%
6 Month-32.11%
12 Month-29.91%
2 Year0.7%
3 Year-15.48%
5 Year13.57%
10 Year-16.8%
15 Year109.54%
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)0.59
RSI(14)49.33
LBB48.97
UBB58.85
56
+0.8 (+1.45%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg1.45%
1 Week5.64%
2 Weeks5.7%
1 Month0.27%
3 Month-24.19%
6 Month-32.11%
12 Month-29.91%
2 Year0.7%
3 Year-15.48%
5 Year13.57%
10 Year-16.8%
15 Year109.54%
Volatility
ATR(14)2.24
ATR(20)%3.66%
ATR Inc-6.24%
Range Today0.9
ADR(20)1.99
ADR(20)%3.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.46
Mansfield-2.44
10 Day High56.25
10 Day Low49.54
20 Day High59.3
20 Day Low49.54
52 Week High90.3
52 Week Low49.54
CS1 End52.97
CR1 Start57.32
Volume & EV
DER(3)2.15%
DER(5)1.58%
Volume350.90K
Volume Incr17.45%
Vol(5)332.00K
Vol(50)253.46K