MINERALS TECHNOLOGIES INC (MTX) Stock Technical Analysis
NYSE:MTX - US6031581068 - Common Stock
63.03 USD
+0.03 (+0.05%)
63.03 USD
0 (0%)
Taking everything into account, MTX scores 7 out of 10 in our technical rating. MTX has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
MTX is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
When compared to the yearly performance of all other stocks, MTX outperforms 41% of them, which is more or less in line with the market.
MTX is an average performer in the Chemicals industry, it outperforms 53% of 83 stocks in the same industry.
MTX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MTX is lagging the market.
MTX has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately.
More info and screens
52.45
78.53
We found 3 important support areas.
- Support @59.45 from a trend line in the daily time frame.
- A support zone ranging from 56.47 to 56.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @52.98 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 64.29 to 65.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @77.75 from a trend 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 | NEUTRAL | NEUTRAL | The long term trend for MTX is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MTX is up. |
| ChartMill Relative Strength | 41.11 | NEUTRAL | MTX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of MTX is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MTX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MTX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.39 | NEUTRAL | The RSI value for MTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.23 | NEGATIVE | The MACD value suggests MTX has a negative trend. |
| Stochastics (14,3) | 56.33 | NEUTRAL | The Stochastics value for MTX is a neutral value. |
| Average True Range in percent/ATR (20) | 2.6 | MEDIUM VOLATILITY | The ATR as a percentage value for MTX suggests some volalility. |
| Average Directional Index/ADX (14) | 28.26 | POSITIVE | The high ADX value value for MTX 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)
63.03
+0.03 (+0.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg0.05%
1 Week-2.66%
2 Weeks-1.11%
1 Month3.31%
3 Month16.48%
6 Month-6.51%
12 Month-13.43%
2 Year15.1%
3 Year27.57%
5 Year23.35%
10 Year30.88%
15 Year113.95%
Volatility
ATR(14)1.67
ATR(20)%2.6%
ATR Inc29.47%
Range Today1.48
ADR(20)1.56
ADR(20)%2.48%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS41.11
Mansfield-1.48
10 Day High66.21
10 Day Low61.68
20 Day High66.21
20 Day Low59.78
52 Week High86.49
52 Week Low49.54
CS1 End59.45
CR1 Start64.29
Volume & EV
DER(3)-0.25%
DER(5)-2.09%
Volume344.29K
Volume Incr42.48%
Vol(5)293.95K
Vol(50)256.58K