Taking everything into account, MVSTW scores 1 out of 10 in our technical rating. MVSTW'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.
- 99% of all other stocks performed better in the past year than MVSTW.
- MVSTW is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month MVSTW has a been trading in the 0.07 - 0.17 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, MVSTW does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. We notice that large players showed an interest for MVSTW in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.11
We found 1 important support area.
- A support zone ranging from 0.11 to 0.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- Resistance @0.12 from a trend line in the daily time frame.
- A resistance zone ranging from 0.13 to 0.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.14 from a trend line in the daily time frame.
- Resistance @0.22 from a horizontal 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 | DOWN | NEGATIVE | The long term trend for MVSTW is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MVSTW is down. |
| ChartMill Relative Strength | 1.95 | NEGATIVE | MVSTW has a low relative strength, it was outperformed by 98.05% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MVSTW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MVSTW is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MVSTW is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.67 | NEUTRAL | The RSI value for MVSTW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests MVSTW has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 61.46 | NEUTRAL | The Stochastics value for MVSTW is a neutral value. |
| Average True Range in percent/ATR (20) | 23.37 | HIGH VOLATILITY | The high ATR as a percentage value for MVSTW suggests high volalility. |
| Average Directional Index/ADX (14) | 32.51 | POSITIVE | The high ADX value value for MVSTW suggests a strong trend. |
0.1236
-0.01 (-4.78%)
MICROVAST HOLD INC-CW26 / MVSTW FAQ
What is the ChartMill technical rating of MICROVAST HOLD INC-CW26 (MVSTW) stock?
ChartMill assigns a technical rating of 1 / 10 to MVSTW.
What is the trend direction for MVSTW stock?
The current trend direction for MICROVAST HOLD INC-CW26 (MVSTW) is Bearish.
What is the RSI signal for MICROVAST HOLD INC-CW26 (MVSTW) stock?
MICROVAST HOLD INC-CW26 (MVSTW) has an RSI value of 44.67. This indicates that the stock is currently neutral.
What is the MACD signal for MVSTW stock?
The MACD indicator for MICROVAST HOLD INC-CW26 (MVSTW) has a value of 0.00593039, indicating a bearish trend.
What is the buy/sell signal for MICROVAST HOLD INC-CW26 (MVSTW) stock?
The buy/sell signal for MICROVAST HOLD INC-CW26 (MVSTW) is sell as both the short term and long term trends are negative.