MASTEC INC (MTZ)

US5763231090 - Common Stock

107.33  +0.88 (+0.83%)

After market: 107.33 0 (0%)

Technical Rating and Analysis

9

Overall MTZ gets a technical rating of 9 out of 10. Both in the recent history as in the last year, MTZ 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!
MTZ 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 MTZ is lagging the market slightly.
MTZ 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.
Looking at the yearly performance, MTZ did better than 88% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
MTZ is an average performer in the Construction & Engineering industry, it outperforms 66% of 43 stocks in the same industry.
Weekly and Daily overview Charts
MTZ Weekly chart
MTZ Daily chart
Setup Rating and Analysis

7

Besides having an excellent technical rating, MTZ also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 107.32, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

84.75

108.40

We found 3 important support areas.

  • A support zone ranging from 106.45 to 107.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @89.10 from a trend line in the daily time frame.
  • A support zone ranging from 85.61 to 86.79. This zone is formed by a combination of multiple trend lines in multiple time frames.

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
CRS88.31
Mansfield1.1
10 Day High109.64
10 Day Low103
20 Day High109.64
20 Day Low83.04
52 Week High123.33
52 Week Low44.65
Performance
1 Week-0.68%
2 Weeks5.43%
1 Month27.14%
3 Month51%
6 Month101.11%
12 Month10.82%
2 Year28.4%
3 Year-7.74%
5 Year130.87%
10 Year198.14%
15 Year728.8%
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)0.74
RSI(14)73.19
LBB88.46
UBB116.52
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
109.65106.443.21 (2.93%)25.00%
An entry @109.65. This is a Buy Stop order right above the 10 day high.An exit @106.44. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 3.21 points, which is 2.93%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.73%.

  • The distance between exit and entry is rather small compared to the average daily movement of MTZ. 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.
MTZ Daily chart

MASTEC INC

NYSE:MTZ (5/17/2024, 7:15:02 PM)

After market: 107.33 0 (0%)

107.33

+0.88 (+0.83%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg0.83%
1 Week-0.68%
2 Weeks5.43%
1 Month27.14%
3 Month51%
6 Month101.11%
12 Month10.82%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)3.94
ATR(20)%3.43%
ATR Inc
Range Today1.61
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 High109.64
10 Day Low103
20 Day High109.64
20 Day Low83.04
52 Week High123.33
52 Week Low44.65
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume500.30K
Volume Incr-29.67%
Vol(5)643.90K
Vol(50)788.50K