MICROVAST HOLDINGS INC (MVST) Stock Technical Analysis
NASDAQ:MVST - Nasdaq - US59516C1062 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to MVST. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, MVST is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
MVST is one of the better performing stocks in the Machinery industry, it outperforms 99% of 128 stocks in the same industry.
MVST has an average volume of 6572840 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, MVST did better than 99% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
MVST is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month MVST has a been trading in the 1.43 - 2.40 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although MVST has an excellent technical rating, it does not present a decent entry opportunity 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
1.14
2.40
We found 4 important support areas.
- A support zone ranging from 1.89 to 1.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1.38 to 1.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.30 from a trend line in the daily time frame.
- Support @1.15 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 2.07 to 2.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 2.30 to 2.30. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @2.38 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.51
Mansfield10.71
10 Day High2.4
10 Day Low1.62
20 Day High2.4
20 Day Low1.43
52 Week High2.87
52 Week Low0.15
Performance
1 Week-17.17%
2 Weeks14.88%
1 Month24.52%
3 Month27.81%
6 Month912.06%
12 Month401.82%
2 Year83.81%
3 Year-61.09%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.01
RSI(14)53.99
LBB1.5
UBB2.37
1.93
-0.09 (-4.46%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-4.46%
1 Week-17.17%
2 Weeks14.88%
1 Month24.52%
3 Month27.81%
6 Month912.06%
12 Month401.82%
2 Year83.81%
3 Year-61.09%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.18
ATR(20)%11.18%
ATR Inc-17.03%
Range Today0.13
ADR(20)0.21
ADR(20)%10.95%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.51
Mansfield10.71
10 Day High2.4
10 Day Low1.62
20 Day High2.4
20 Day Low1.43
52 Week High2.87
52 Week Low0.15
CS1 End1.92
CR1 Start2.07
Volume & EV
DER(3)-4.2%
DER(5)-4.96%
Volume5.34M
Volume Incr-38.43%
Vol(5)6.00M
Vol(50)6.57M