Overall MVBF gets a technical rating of 3 out of 10. MVBF has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
The technical rating of MVBF is bad and it also does not present a quality setup 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
24.90
When analyzing the support we notice one important area.
- Support @25.15 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @28.44 from a horizontal line in the daily 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 | UP | POSITIVE | The long term trend for MVBF is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MVBF is down. |
| ChartMill Relative Strength | 78.34 | POSITIVE | MVBF has a high relative strength, it outperformed 78.34% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MVBF is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MVBF is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MVBF is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.53 | NEUTRAL | The RSI value for MVBF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.25 | NEGATIVE | The MACD value suggests MVBF has a negative trend. |
| Stochastics (14,3) | 5.89 | OVERSOLD | The low Stochastics value suggests MVBF may be oversold. |
| Average True Range in percent/ATR (20) | 3.03 | MEDIUM VOLATILITY | The ATR as a percentage value for MVBF suggests some volalility. |
| Average Directional Index/ADX (14) | 18.69 | NEGATIVE | The low ADX value for MVBF suggests a weak or negative trend. |
25.98
-0.27 (-1.03%)
MVB FINANCIAL CORP / MVBF FAQ
Can you provide the ChartMill technical rating for MVB FINANCIAL CORP?
ChartMill assigns a technical rating of 3 / 10 to MVBF.
Can you provide the trend direction for MVB FINANCIAL CORP?
The current trend direction for MVB FINANCIAL CORP (MVBF) is Bullish.
What is the RSI signal for MVB FINANCIAL CORP (MVBF) stock?
MVB FINANCIAL CORP (MVBF) has an RSI value of 40.5252. This indicates that the stock is currently neutral.
What is the buy/sell signal for MVB FINANCIAL CORP (MVBF) stock?
The buy/sell signal for MVB FINANCIAL CORP (MVBF) is hold as the short term and long term trends are mixed.
What are the support and resistance levels for MVB FINANCIAL CORP (MVBF) stock?
MVB FINANCIAL CORP (MVBF) has a support level at 25.15 and a resistance level at 28.44. Check the full technical report for our detailed analysis of MVBF support and resistance levels.