MAMA'S CREATIONS INC (MAMA)

US56146T1034 - Common Stock

8.03  +0.43 (+5.66%)

Technical Rating and Analysis

9

We assign a technical rating of 9 out of 10 to MAMA. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.

The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, MAMA did better than 93% of all other stocks. On top of that, MAMA also shows a nice and consistent pattern of rising prices.
MAMA is one of the better performing stocks in the Food Products industry, it outperforms 89% of 92 stocks in the same industry.
MAMA is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so MAMA is lagging the market slightly.
In the last month MAMA has a been trading in the 7.06 - 8.69 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
MAMA Weekly chart
MAMA Daily chart
Setup Rating and Analysis

6

Besides having an excellent technical rating, MAMA also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 7.59, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

5.76

8.11

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 7.97 to 7.98. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 7.56 to 7.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @6.15 from a trend line in the weekly time frame.
  • Support @5.82 from a trend line in the daily time frame.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.01
Mansfield2.29
10 Day High8.42
10 Day Low7.06
20 Day High8.69
20 Day Low7.06
52 Week High8.69
52 Week Low3.31
Performance
1 Week-3.49%
2 Weeks-1.81%
1 Month-7.77%
3 Month21.79%
6 Month55.42%
12 Month71.56%
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)-0.06
RSI(14)44.07
LBB7.56
UBB8.18
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
7.997.550.44 (5.51%)18.16%
An entry @7.99. This is a Buy Stop order right above the resistance zone.An exit @7.55. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 0.44 points, which is 5.51%.When investing 18.16% of your capital in this trade, your total portfolio risk will be 1.00%.

  • The distance between exit and entry is rather small compared to the average daily movement of MAMA. Please evaluate whether better entry and exit points can be found.
  • 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.
MAMA Daily chart

MAMA'S CREATIONS INC

NASDAQ:MAMA (9/19/2024, 2:34:59 PM)

8.03

+0.43 (+5.66%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg5.66%
1 Week-3.49%
2 Weeks-1.81%
1 Month-7.77%
3 Month21.79%
6 Month55.42%
12 Month71.56%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.43
ATR(20)%5.24%
ATR Inc
Range Today0.32
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High8.42
10 Day Low7.06
20 Day High8.69
20 Day Low7.06
52 Week High8.69
52 Week Low3.31
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume161.31K
Volume Incr-0.91%
Vol(5)301.28K
Vol(50)325.97K