USA - New York Stock Exchange - NYSE:MVO - US5538591091
Overall MVO gets a technical rating of 1 out of 10. MVO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
MVO has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
1.08
When analyzing the support we notice one important area.
2 important resistance areas can be observed.
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 | DOWN | NEGATIVE | The long term trend for MVO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MVO is down. |
| ChartMill Relative Strength | 0.83 | NEGATIVE | MVO has a low relative strength, it was outperformed by 99.17% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MVO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MVO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MVO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.85 | NEUTRAL | The RSI value for MVO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests MVO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 33.08 | NEUTRAL | The Stochastics value for MVO is a neutral value. |
| Average True Range in percent/ATR (20) | 10.13 | HIGH VOLATILITY | The high ATR as a percentage value for MVO suggests high volalility. |
| Average Directional Index/ADX (14) | 34.74 | POSITIVE | The high ADX value value for MVO suggests a strong trend. |
1.25
+0.14 (+12.61%)
ChartMill assigns a technical rating of 1 / 10 to MVO.
The current trend direction for MV OIL TRUST (MVO) is Bearish.
MV OIL TRUST (MVO) has an RSI value of 40.8474. This indicates that the stock is currently neutral.
The MACD indicator for MV OIL TRUST (MVO) has a value of 0.0759577, indicating a bearish trend.
The buy/sell signal for MV OIL TRUST (MVO) is sell as both the short term and long term trends are negative.