MICROVAST HOLDINGS INC (MVST) Stock Technical Analysis
USA - NASDAQ:MVST - US59516C1062 - Common Stock
We assign a technical rating of 10 out of 10 to MVST. Both in the recent history as in the last year, MVST has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although MVST has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Prices have been consolidating lately.
More info and screens
2.67
We found 3 important support areas.
- A support zone ranging from 3.07 to 3.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.92 from a trend line in the daily time frame.
- Support @2.70 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 5.38 to 5.46. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for MVST is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MVST is up. |
| ChartMill Relative Strength | 99.9 | POSITIVE | MVST has a high relative strength, it outperformed 99.9% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of MVST is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MVST is above the rising 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) | 49.03 | NEUTRAL | The RSI value for MVST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests MVST has a negative trend. |
| Stochastics (14,3) | 14.16 | OVERSOLD | The low Stochastics value suggests MVST may be oversold. |
| Average True Range in percent/ATR (20) | 11.24 | HIGH VOLATILITY | The high ATR as a percentage value for MVST suggests high volalility. |
| Average Directional Index/ADX (14) | 38.3 | POSITIVE | The high ADX value value for MVST suggests a strong trend. |
4.98
-0.42 (-7.78%)
MICROVAST HOLDINGS INC / MVST FAQ
What is the ChartMill technical rating of MICROVAST HOLDINGS INC (MVST) stock?
ChartMill assigns a technical rating of 10 / 10 to MVST.
Can you provide the trend direction for MICROVAST HOLDINGS INC?
The current trend direction for MICROVAST HOLDINGS INC (MVST) is Bullish.
What is the RSI signal for MVST stock?
MICROVAST HOLDINGS INC (MVST) has an RSI value of 49.0293. This indicates that the stock is currently neutral.
What is the short term momentum for MVST stock?
The short term momentum for MICROVAST HOLDINGS INC (MVST) is positive.
What is the buy/sell signal for MICROVAST HOLDINGS INC (MVST) stock?
The buy/sell signal for MICROVAST HOLDINGS INC (MVST) is buy as both the short term and long term trends are positive.