MVB FINANCIAL CORP (MVBF) Stock Technical Analysis
NASDAQ:MVBF - Nasdaq - US5538101024 - Common Stock - Currency: USD
Taking everything into account, MVBF scores 4 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. MVBF was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, MVBF is a bad performer in the overall market: 63% of all stocks are doing better.
MVBF is one of the lesser performing stocks in the Banks industry. 89% of 395 stocks in the same industry do better.
MVBF is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MVBF is lagging the market.
Warning: MVBF has an average volume of 28174 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month MVBF has a been trading in the 15.59 - 19.25 range, which is quite wide. It is currently trading near the high of this range.
Considerably lower volume is observed in the last couple of days.
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.
More info and screens
16.45
23.43
When analyzing the support we notice one important area.
- Support @16.62 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 18.51 to 18.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @22.25 from a horizontal line in the daily time frame.
- Resistance @23.20 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS37.66
Mansfield-0.81
10 Day High19.25
10 Day Low16.75
20 Day High19.25
20 Day Low15.59
52 Week High25.24
52 Week Low15.59
Performance
1 Week4.82%
2 Weeks8.44%
1 Month15.41%
3 Month-8.14%
6 Month-16.33%
12 Month-2.22%
2 Year4.17%
3 Year-50.44%
5 Year30.28%
10 YearN/A
15 YearN/A
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)0.19
RSI(14)69.46
LBB16.44
UBB18.9
18.5
-0.02 (-0.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.11%
1 Week4.82%
2 Weeks8.44%
1 Month15.41%
3 Month-8.14%
6 Month-16.33%
12 Month-2.22%
2 Year4.17%
3 Year-50.44%
5 Year30.28%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.73
ATR(20)%3.9%
ATR Inc-8.21%
Range Today0.38
ADR(20)0.69
ADR(20)%3.71%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS37.66
Mansfield-0.81
10 Day High19.25
10 Day Low16.75
20 Day High19.25
20 Day Low15.59
52 Week High25.24
52 Week Low15.59
CS1 End16.62
CR1 Start18.51
Volume & EV
DER(3)-1.37%
DER(5)6.82%
Volume14.70K
Volume Incr-30.66%
Vol(5)16.92K
Vol(50)28.17K