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MASSIMO GROUP (MAMO) Stock Technical Analysis

NASDAQ:MAMO - Nasdaq - US57628N1019 - Common Stock

2.73  -0.31 (-10.2%)

Technical Rating and Analysis

2

Taking everything into account, MAMO scores 2 out of 10 in our technical rating. MAMO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

100% of all other stocks performed better in the past year than MAMO.
MAMO is part of the Automobiles industry. There are 42 other stocks in this industry, of which 87% are performing better than MAMO.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
In the last month MAMO has a been trading in the 2.44 - 3.18 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
MAMO Weekly chart
MAMO Daily chart
Setup Rating and Analysis

7

MAMO has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 3.01. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for MAMO 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.
Support and Resistance Analysis

2.41

4.55

When analyzing the support we notice one important area.

  • A support zone ranging from 2.43 to 2.44. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 3 important resistance areas.

  • A resistance zone ranging from 3.01 to 3.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @4.00 from a horizontal line in the daily time frame.
  • Resistance @4.50 from a horizontal 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
CRS0
Mansfield-30
10 Day High3.18
10 Day Low2.5
20 Day High3.18
20 Day Low2.44
52 Week HighN/A
52 Week LowN/A
Performance
1 Week-10.49%
2 Weeks9.2%
1 Month5.03%
3 Month-25.41%
6 Month-33.25%
12 MonthN/A
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)48.39
LBB2.33
UBB3.07
MAMO Daily chart

MASSIMO GROUP

NASDAQ:MAMO (1/17/2025, 8:13:36 PM)

2.73

-0.31 (-10.2%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryAutomobiles
Performance
% Chg-10.2%
1 Week-10.49%
2 Weeks9.2%
1 Month5.03%
3 Month-25.41%
6 Month-33.25%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.26
ATR(20)%9.49%
ATR Inc21.97%
Range Today0.25
ADR(20)0.25
ADR(20)%9.27%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High3.18
10 Day Low2.5
20 Day High3.18
20 Day Low2.44
52 Week HighN/A
52 Week LowN/A
CS1 End2.44
CR1 Start3.01
Volume & EV
DER(3)3.55%
DER(5)-10.96%
Volume52.50K
Volume Incr-22.92%
Vol(5)63.92K
Vol(50)128.02K