MAIN STREET CAPITAL CORP (MAIN) Stock Technical Analysis
NYSE:MAIN - New York Stock Exchange, Inc. - US56035L1044 - Common Stock - Currency: USD
Taking everything into account, MAIN scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, MAIN has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that MAIN is one of the better performing stocks in the market, outperforming 88% of all stocks. On top of that, MAIN also shows a nice and consistent pattern of rising prices.
MAIN is part of the Capital Markets industry. There are 225 other stocks in this industry. MAIN outperforms 89% of them.
MAIN is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month MAIN has a been trading in the 59.34 - 63.31 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
Besides having an excellent technical rating, MAIN also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 61.82, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for MAIN in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- 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
47.30
63.74
When analyzing the support we can see 4 important areas.
- A support zone ranging from 60.29 to 61.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @53.26 from a trend line in the daily time frame.
- Support @49.65 from a horizontal line in the daily time frame.
- Support @47.78 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 62.28 to 63.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.91
Mansfield1.19
10 Day High63.32
10 Day Low59.34
20 Day High63.32
20 Day Low59.34
52 Week High63.32
52 Week Low45
Performance
1 Week2.28%
2 Weeks1.86%
1 Month2.35%
3 Month15.38%
6 Month25.32%
12 Month37.31%
2 Year46.55%
3 Year42.69%
5 Year68.62%
10 Year101.19%
15 Year330.93%
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)62.49
LBB59.82
UBB63.13
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 |
|---|---|---|---|
| 63.12 | 59.33 | 3.79 (6.00%) | 16.66% |
| An entry @63.12. This is a Buy Stop order right above the resistance zone. | An exit @59.33. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 3.79 points, which is 6.00%. | When investing 16.66% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
62.27
-0.47 (-0.75%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg-0.75%
1 Week2.28%
2 Weeks1.86%
1 Month2.35%
3 Month15.38%
6 Month25.32%
12 Month37.31%
2 Year46.55%
3 Year42.69%
5 Year68.62%
10 Year101.19%
15 Year330.93%
Volatility
ATR(14)0.92
ATR(20)%1.45%
ATR Inc9.47%
Range Today1.18
ADR(20)0.88
ADR(20)%1.41%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.91
Mansfield1.19
10 Day High63.32
10 Day Low59.34
20 Day High63.32
20 Day Low59.34
52 Week High63.32
52 Week Low45
CS1 End61.82
CR1 Start62.28
Volume & EV
DER(3)4.2%
DER(5)4.48%
Volume369.40K
Volume Incr22.56%
Vol(5)582.68K
Vol(50)496.61K