Taking everything into account, MVBF scores 4 out of 10 in our technical rating. MVBF was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
MVBF has an average technical rating and it also does not offer a high 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.
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24.90
When analyzing the support we notice one important area.
- A support zone ranging from 25.15 to 25.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 26.10 to 26.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 | NEUTRAL | NEUTRAL | The long term trend for MVBF is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MVBF is down. |
| ChartMill Relative Strength | 81.9 | POSITIVE | MVBF has a high relative strength, it outperformed 81.9% 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) | UP | MIXED | The current price of MVBF is below the rising 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) | 43.66 | NEUTRAL | The RSI value for MVBF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.22 | NEGATIVE | The MACD value suggests MVBF has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 13.69 | OVERSOLD | The low Stochastics value suggests MVBF may be oversold. |
| Average True Range in percent/ATR (20) | 3.35 | MEDIUM VOLATILITY | The ATR as a percentage value for MVBF suggests some volalility. |
| Average Directional Index/ADX (14) | 19.01 | NEGATIVE | The low ADX value for MVBF suggests a weak or negative trend. |
25.98
+0.52 (+2.04%)
MVB FINANCIAL CORP / MVBF FAQ
Can you provide the ChartMill technical rating for MVB FINANCIAL CORP?
ChartMill assigns a technical rating of 4 / 10 to MVBF.
What is the trend direction for MVBF stock?
The current trend direction for MVB FINANCIAL CORP (MVBF) is Bearish.
What is the RSI signal for MVB FINANCIAL CORP (MVBF) stock?
MVB FINANCIAL CORP (MVBF) has an RSI value of 43.6593. This indicates that the stock is currently neutral.
What is the short term momentum for MVBF stock?
The short term momentum for MVB FINANCIAL CORP (MVBF) is negative.
Can you provide the support and resistance levels for MVB FINANCIAL CORP?
MVB FINANCIAL CORP (MVBF) has a support level at 25.46 and a resistance level at 26.1. Check the full technical report for our detailed analysis of MVBF support and resistance levels.