MAVENIR SYS INC (MVNR) Stock Technical Analysis
NYSE:MVNR - New York Stock Exchange, Inc. - -1
Taking everything into account, MVNR scores 8 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, MVNR is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
MVNR is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so MVNR is leading the market.
When comparing the yearly performance of all stocks, we notice that MVNR is one of the better performing stocks in the market, outperforming 89% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
In the last month MVNR has a been trading in the 17.15 - 18.20 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
MVNR has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 17.42, a Stop Loss order could be placed below this zone.
More info and screens
11.28
18.36
We found 5 important support areas.
- A support zone ranging from 17.16 to 17.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @13.73 from a trend line in the daily time frame.
- Support @13.07 from a trend line in the weekly time frame.
- Support @12.25 from a trend line in the daily time frame.
- Support @11.39 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 18.14 to 18.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 MVNR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MVNR is up. |
| ChartMill Relative Strength | 89.21 | POSITIVE | MVNR has a high relative strength, it outperformed 89.21% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MVNR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MVNR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MVNR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.55 | NEUTRAL | The RSI value for MVNR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests MVNR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 30.48 | NEUTRAL | The Stochastics value for MVNR is a neutral value. |
| Average True Range in percent/ATR (20) | 1.45 | LOW VOLATILITY | The low ATR as a percentage value for MVNR suggests low volalility. |
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)
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 17.72 | 17.21 | 0.51 (2.88%) | 25.00% |
| An entry @17.72. This is a Buy Stop order right above the 10 day high. | An exit @17.21. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.51 points, which is 2.88%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.72%. |
- 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.
NYSE:MVNR (4/28/2015, 8:35:56 PM)
17.5
+0.03 (+0.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.17%
1 Week1.16%
2 Weeks-0.34%
1 Month-1.57%
3 Month46.2%
6 Month42.74%
12 Month19.13%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.26
ATR(20)%1.45%
ATR Inc-44.15%
Range Today0.16
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.21
Mansfield2.14
10 Day High17.71
10 Day Low17.22
20 Day High18.2
20 Day Low17.15
52 Week High18.2
52 Week Low9.36
CS1 End17.42
CR1 Start18.14
Volume & EV
DER(3)-3.79%
DER(5)-0.88%
Volume324.10K
Volume Incr-48.56%
Vol(5)249.52K
Vol(50)621.21K