MONOTYPE IMAGING HOLDINGS INC (TYPE) Stock Technical Analysis
NASDAQ:TYPE - Nasdaq -
We assign a technical rating of 7 out of 10 to TYPE. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, TYPE is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
TYPE is currently trading in the upper part of its 52 week range. The market is still in the middle of its 52 week range, so TYPE slightly outperforms the market at the moment.
When comparing the yearly performance of all stocks, we notice that TYPE is one of the better performing stocks in the market, outperforming 81% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
In the last month TYPE has a been trading in a tight range between 19.75 and 19.86.
Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, TYPE also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 19.83, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
16.23
20.71
When analyzing the support we can see 2 important areas.
- A support zone ranging from 19.73 to 19.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 16.39 to 16.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @19.95 from a horizontal line in the daily time frame.
- A resistance zone ranging from 20.35 to 20.50. This zone is formed by a combination of multiple trend lines 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
CRS81.78
Mansfield0.47
10 Day High19.86
10 Day Low19.79
20 Day High19.86
20 Day Low19.76
52 Week High21.09
52 Week Low15.29
Performance
1 Week0.05%
2 Weeks0.18%
1 Month0.3%
3 Month14.75%
6 Month-1.68%
12 Month5.87%
2 YearN/A
3 YearN/A
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)-0.02
RSI(14)64.33
LBB19.78
UBB19.85
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 19.87 | 19.78 | 0.09 (0.45%) | 25.00% |
| An entry @19.87. This is a Buy Stop order right above the 10 day high. | An exit @19.78. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.09 points, which is 0.45%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.11%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
19.84
+0.01 (+0.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.05%
1 Week0.05%
2 Weeks0.18%
1 Month0.3%
3 Month14.75%
6 Month-1.68%
12 Month5.87%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%0.12%
ATR Inc16.67%
Range Today0.02
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.78
Mansfield0.47
10 Day High19.86
10 Day Low19.79
20 Day High19.86
20 Day Low19.76
52 Week High21.09
52 Week Low15.29
CS1 End19.83
CR1 Start19.95
Volume & EV
DER(3)-1.63%
DER(5)0.16%
Volume1.80M
Volume Incr52.24%
Vol(5)736.48K
Vol(50)509.00K