MAVENIR SYS INC (MVNR) Technical Analysis
NYSE:MVNR • -1
Current stock price
MVNR Technical Rating and Analysis
We assign a technical rating of 8 out of 10 to MVNR. 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.
- Both the short term and long term trends are positive. This is a very positive sign.
- MVNR is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with 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 relatively good performance is mostly due to a recent big 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 Weekly and Daily overview Charts
MVNR Setup Rating and Analysis
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
MVNR Support and Resistance Analysis
11.28
When analyzing the support we can see 5 important 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.
MVNR Technical Indicator Signal Analysis
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. |
MVNR Chart- and CandleStick Pattern Analysis
MVNR Example Setup
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%. | For a 0.72% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
MVNR Technicals: Chart, Performance Metrics, Trend & Indicators
NYSE:MVNR (4/28/2015, 8:35:56 PM)
17.5
+0.03 (+0.17%)
MAVENIR SYS INC / MVNR TA FAQ
What is the ChartMill technical rating of MAVENIR SYS INC (MVNR) stock?
ChartMill assigns a technical rating of 7 / 10 to MVNR.
What is the trend direction for MVNR stock?
The current trend direction for MAVENIR SYS INC (MVNR) is Bullish.
Can you provide the RSI signal for MAVENIR SYS INC?
MAVENIR SYS INC (MVNR) has an RSI value of 52.5492. This indicates that the stock is currently neutral.
What is the short term momentum for MAVENIR SYS INC (MVNR) stock?
The short term momentum for MAVENIR SYS INC (MVNR) is positive.
What are the support and resistance levels for MAVENIR SYS INC (MVNR) stock?
MAVENIR SYS INC (MVNR) has a support level at 17.42 and a resistance level at 18.14. Check the full technical report for our detailed analysis of MVNR support and resistance levels.