MICROVAST HOLDINGS INC (MVST) Technical Analysis
NASDAQ:MVST • US59516C1062
Current stock price
MVST Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to MVST. MVST's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, MVST is a bad performer in the overall market: 67% of all stocks are doing better.
- MVST is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so MVST is lagging the market.
- In the last month MVST has a been trading in the 1.51 - 2.57 range, which is quite wide. It is currently trading near the lows of this range.
- MVST has an average volume of 4212730 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- MVST is an average performer in the Machinery industry, it outperforms 41% of 131 stocks in the same industry.
- Volume is considerably higher in the last couple of days.
MVST Weekly and Daily overview Charts
MVST Setup Rating and Analysis
The technical rating of MVST is bad and it also does not present a quality setup 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
MVST Support and Resistance Analysis
1.57
When analyzing the support we notice one important area.
- Support @1.59 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- Resistance @2.07 from a trend line in the daily time frame.
- Resistance @2.15 from a trend line in the daily time frame.
MVST 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 | DOWN | NEGATIVE | The long term trend for MVST is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MVST is down. |
| ChartMill Relative Strength | 33.75 | NEUTRAL | MVST is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MVST is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MVST is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MVST is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 32.99 | NEUTRAL | The RSI value for MVST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests MVST has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 8.18 | OVERSOLD | The low Stochastics value suggests MVST may be oversold. |
| Average True Range in percent/ATR (20) | 11.29 | HIGH VOLATILITY | The high ATR as a percentage value for MVST suggests high volalility. |
| Average Directional Index/ADX (14) | 29.38 | POSITIVE | The high ADX value value for MVST suggests a strong trend. |
MVST Chart- and CandleStick Pattern Analysis
MVST Technicals: Chart, Performance Metrics, Trend & Indicators
1.6
+0.01 (+0.63%)
MICROVAST HOLDINGS INC / MVST TA FAQ
What is the technical rating for MVST stock?
ChartMill assigns a technical rating of 0 / 10 to MVST.
What is the current trend direction of MICROVAST HOLDINGS INC (MVST) stock?
The current trend direction for MICROVAST HOLDINGS INC (MVST) is Bearish.
What is the RSI signal for MVST stock?
MICROVAST HOLDINGS INC (MVST) has an RSI value of 32.9899. This indicates that the stock is currently neutral.
Can you provide the MACD signal for MICROVAST HOLDINGS INC?
The MACD indicator for MICROVAST HOLDINGS INC (MVST) has a value of -0.0381124, indicating a bearish trend.
What is the support and resistance level for MVST stock?
MICROVAST HOLDINGS INC (MVST) has a support level at 1.59 and a resistance level at 2.07. Check the full technical report for our detailed analysis of MVST support and resistance levels.