Mountain Valley MD Holdings Inc. (MVMD.CA) Stock Technical Analysis
Canada - Canadian Securities Exchange - CNSX:MVMD -
Taking everything into account, MVMD scores 6 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- In the last month MVMD has a been trading in the 0.87 - 1.95 range, which is quite wide. It is currently trading near the lows of this range.
- Looking at the yearly performance, MVMD did better than 98% of all other stocks. On top of that, MVMD also shows a nice and consistent pattern of rising prices.
- MVMD has an average volume of 3066180 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- MVMD is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MVMD is lagging the market.
- Considerably lower volume is observed in the last couple of days.
MVMD has an average technical rating and the quality of the presented setup is also not ideal 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
1.03
We found 1 important support area.
- Support @1.04 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 1.21 to 1.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 1.52 to 1.53. This zone is formed by a combination of multiple trend lines and important moving averages 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 MVMD.CA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MVMD.CA is down. |
| ChartMill Relative Strength | 98.89 | POSITIVE | MVMD.CA has a high relative strength, it outperformed 98.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MVMD.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MVMD.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MVMD.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.9 | NEUTRAL | The RSI value for MVMD.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests MVMD.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 43.32 | NEUTRAL | The Stochastics value for MVMD.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 15.94 | HIGH VOLATILITY | The high ATR as a percentage value for MVMD.CA suggests high volalility. |
Mountain Valley MD Holdings Inc.
CNSX:MVMD (4/8/2021, 8:30:27 PM)
1.12
-0.02 (-1.75%)
Mountain Valley MD Holdings Inc. / MVMD.CA FAQ
Can you provide the ChartMill technical rating for Mountain Valley MD Holdings Inc.?
ChartMill assigns a technical rating of 5 / 10 to MVMD.CA.
What is the current trend direction of Mountain Valley MD Holdings Inc. (MVMD.CA) stock?
The current trend direction for Mountain Valley MD Holdings Inc. (MVMD.CA) is Bullish.
What is the RSI signal for Mountain Valley MD Holdings Inc. (MVMD.CA) stock?
Mountain Valley MD Holdings Inc. (MVMD.CA) has an RSI value of 40.8979. This indicates that the stock is currently neutral.
What is the buy/sell signal for MVMD stock?
The buy/sell signal for Mountain Valley MD Holdings Inc. (MVMD.CA) is hold as the short term and long term trends are mixed.
What are the support and resistance levels for Mountain Valley MD Holdings Inc. (MVMD.CA) stock?
Mountain Valley MD Holdings Inc. (MVMD.CA) has a support level at 1.04 and a resistance level at 1.21. Check the full technical report for our detailed analysis of MVMD.CA support and resistance levels.