NYSE:MTZ - New York Stock Exchange, Inc. - US5763231090 - Common Stock - Currency: USD
We assign a technical rating of 10 out of 10 to MTZ. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, MTZ is showing a nice and steady performance.
Besides having an excellent technical rating, MTZ also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 172.00. Right above this resistance zone may be a good entry point.
109.08
4 important support areas can be observed.
We found 1 important resistance area.
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 MTZ is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MTZ is up. |
ChartMill Relative Strength | 92.33 | POSITIVE | MTZ has a high relative strength, it outperformed 92.33% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MTZ is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MTZ is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MTZ is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 61.16 | NEUTRAL | The RSI value for MTZ is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.73 | NEGATIVE | The MACD value suggests MTZ has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 65.21 | NEUTRAL | The Stochastics value for MTZ is a neutral value. |
Average True Range in percent/ATR (20) | 2.56 | MEDIUM VOLATILITY | The ATR as a percentage value for MTZ suggests some volalility. |
Average Directional Index/ADX (14) | 14.04 | NEGATIVE | The low ADX value for MTZ suggests a weak or negative 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 |
---|---|---|---|
172.01 | 167.76 | 4.25 (2.47%) | 25.00% |
An entry @172.01. This is a Buy Stop order right above the resistance zone. | An exit @167.76. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 4.25 points, which is 2.47%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.62%. |
170.24
+1.47 (+0.87%)