MEDIAVALET INC (MVP.CA) Stock Technical Analysis
Canada - TSX:MVP - CA58450L3048 - Common Stock
Overall MVP gets a technical rating of 10 out of 10. Both in the recent history as in the last year, MVP has proven to be a steady performer, scoring decent points in every aspect analyzed.
Besides having an excellent technical rating, MVP also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 1.70, a Stop Loss order could be placed below this zone.
More info and screens
1.11
5 important support areas can be observed.
- A support zone ranging from 1.68 to 1.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.44 from a trend line in the weekly time frame.
- Support @1.40 from a trend line in the daily time frame.
- Support @1.18 from a trend line in the weekly time frame.
- Support @1.12 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 1.71 to 1.71. 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 MVP.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MVP.CA is up. |
| ChartMill Relative Strength | 86.04 | POSITIVE | MVP.CA has a high relative strength, it outperformed 86.04% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MVP.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MVP.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MVP.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.46 | NEUTRAL | The RSI value for MVP.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests MVP.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 50 | NEUTRAL | The Stochastics value for MVP.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.4 | LOW VOLATILITY | The low ATR as a percentage value for MVP.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 54.81 | POSITIVE | The high ADX value value for MVP.CA suggests a strong trend. |
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 |
|---|---|---|---|
| 1.72 | 1.67 | 0.05 (2.91%) | 25.00% |
| An entry @1.72. This is a Buy Stop order right above the resistance zone. | An exit @1.67. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.05 points, which is 2.91%. | For a 0.73% 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.
TSX:MVP (4/4/2024, 7:00:00 PM)
1.7
0 (0%)
MEDIAVALET INC / MVP.CA FAQ
Can you provide the ChartMill technical rating for MEDIAVALET INC?
ChartMill assigns a technical rating of 10 / 10 to MVP.CA.
What is the trend direction for MVP stock?
The current trend direction for MEDIAVALET INC (MVP.CA) is Bullish.
Can you provide the RSI signal for MEDIAVALET INC?
MEDIAVALET INC (MVP.CA) has an RSI value of 59.4631. This indicates that the stock is currently neutral.
Can you provide the MACD signal for MEDIAVALET INC?
The MACD indicator for MEDIAVALET INC (MVP.CA) has a value of -0.00261942, indicating a bearish trend.
Can you provide the support and resistance levels for MEDIAVALET INC?
MEDIAVALET INC (MVP.CA) has a support level at 1.7 and a resistance level at 1.71. Check the full technical report for our detailed analysis of MVP.CA support and resistance levels.