We assign a technical rating of 3 out of 10 to MVST. MVST has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
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
2.80
We found 1 important support area.
- Support @2.83 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 3.51 to 3.53. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The long term trend for MVST is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MVST is neutral. |
| ChartMill Relative Strength | 72.43 | POSITIVE | MVST has a high relative strength, it outperformed 72.43% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MVST is above the rising 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 | POSITIVE | The current price of MVST is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.28 | NEUTRAL | The RSI value for MVST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests MVST has a positive trend. |
| Stochastics (14,3) | 82.13 | OVERBOUGHT | The high Stochastics value suggests MVST may be overbought. |
| Average True Range in percent/ATR (20) | 5.73 | HIGH VOLATILITY | The high ATR as a percentage value for MVST suggests high volalility. |
| Average Directional Index/ADX (14) | 26.54 | POSITIVE | The high ADX value value for MVST suggests a strong trend. |
3.5
-0.02 (-0.57%)
MICROVAST HOLDINGS INC / MVST FAQ
What is the technical rating for MVST stock?
ChartMill assigns a technical rating of 3 / 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 58.2835. 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 0.11146, indicating a bearish trend.
What is the support and resistance level for MVST stock?
MICROVAST HOLDINGS INC (MVST) has a support level at 2.83 and a resistance level at 3.51. Check the full technical report for our detailed analysis of MVST support and resistance levels.