3.01 USD
-0.33 (-9.88%)
3.03 USD
+0.02 (+0.66%)
We assign a technical rating of 2 out of 10 to MVST. Although MVST is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
In the last month MVST has a been trading in the 3.01 - 3.95 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
MVST is part of the Machinery industry. There are 130 other stocks in this industry. MVST outperforms 96% of them.
MVST has an average volume of 7948850 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When comparing the yearly performance of all stocks, we notice that MVST is one of the better performing stocks in the market, outperforming 94% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
MVST is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MVST is lagging the market.
The technical rating of MVST is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
2.92
3.40
We found 1 important support area.
- Support @2.95 from a trend line in the weekly time frame.
We found 1 important resistance area.
- Resistance @3.37 from a trend line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for MVST is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MVST is down. |
| ChartMill Relative Strength | 94.67 | POSITIVE | MVST has a high relative strength, it outperformed 94.67% off all stocks 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) | UP | MIXED | The current price of MVST is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 29.93 | OVERSOLD | The low RSI value suggests MVST may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests MVST has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 15.94 | OVERSOLD | The low Stochastics value suggests MVST may be oversold. |
| Average True Range in percent/ATR (20) | 7.84 | HIGH VOLATILITY | The high ATR as a percentage value for MVST suggests high volalility. |
| Average Directional Index/ADX (14) | 29.48 | POSITIVE | The high ADX value value for MVST suggests a strong trend. |
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)
3.01
-0.33 (-9.88%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-9.88%
1 Week-19.73%
2 Weeks-14.49%
1 Month-22.62%
3 Month-8.23%
6 Month-25.68%
12 Month137.01%
2 Year115%
3 Year96.73%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.2
ATR(20)%7.84%
ATR Inc11.2%
Range Today0.33
ADR(20)0.23
ADR(20)%7.72%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.67
3 months CRS22.89
6 months CRS10.68
Mansfield-0.75
10 Day High3.88
10 Day Low3.01
20 Day High3.95
20 Day Low3.01
52 Week High7.12
52 Week Low1.08
CS1 End2.95
CR1 Start3.37
Volume & EV
DER(3)-3.01%
DER(5)-4.28%
Volume6.30M
Volume Incr8.35%
Vol(5)5.90M
Vol(50)7.95M
MICROVAST HOLDINGS INC / MVST FAQ
What is the ChartMill technical rating of MICROVAST HOLDINGS INC (MVST) stock?
ChartMill assigns a technical rating of 2 / 10 to MVST.
Can you provide the trend direction for MICROVAST HOLDINGS INC?
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 29.9305. This indicates that the stock is currently oversold.
What is the short term momentum for MVST stock?
The short term momentum for MICROVAST HOLDINGS INC (MVST) is negative.