AM S&P G MATERIALS ETF DR U (MATW.MI) Stock Technical Analysis
BIT:MATW - Euronext Milan - IE000FCGBU62 - ETF - Currency: EUR
Taking everything into account, MATW scores 0 out of 10 in our technical rating. MATW'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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
98% of all other stocks performed better in the past year than MATW.
MATW is currently trading near the lower end of its 52 week range, which is not a good sign. MATW is lagging the S&P500 Index which is trading in the middle of its 52 week range.
Warning: MATW has an average volume of 2600 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month MATW has a been trading in the 11.40 - 12.82 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Volume is considerably higher in the last couple of days.
Although the technical rating is bad, MATW does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 12.72. Right above this resistance zone may be a good entry point.
More info and screens
11.48
12.85
We found 2 important support areas.
- Support @11.92 from a trend line in the daily time frame.
- Support @11.60 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 12.72 to 12.72. 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
CRS2.41
Mansfield-9.73
10 Day High12.82
10 Day Low11.56
20 Day High12.82
20 Day Low11.4
52 Week High533.48
52 Week Low10.34
Performance
1 Week3.31%
2 Weeks-4.36%
1 Month-1.76%
3 Month-0.72%
6 Month-97.26%
12 Month-96.95%
2 Year-97.43%
3 Year-97.24%
5 Year-96.24%
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)10.96
RSI(14)16.1
LBB11.64
UBB12.95
BIT:MATW (3/6/2025, 7:00:00 PM)
12.062
-0.2 (-1.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-1.6%
1 Week3.31%
2 Weeks-4.36%
1 Month-1.76%
3 Month-0.72%
6 Month-97.26%
12 Month-96.95%
2 Year-97.43%
3 Year-97.24%
5 Year-96.24%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.35
ATR(20)%2.55%
ATR Inc-34.86%
Range Today0.07
ADR(20)0.07
ADR(20)%0.54%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.41
Mansfield-9.73
10 Day High12.82
10 Day Low11.56
20 Day High12.82
20 Day Low11.4
52 Week High533.48
52 Week Low10.34
CS1 End11.92
CR1 Start12.72
Volume & EV
DER(3)0%
DER(5)0%
Volume7.95K
Volume Incr101.35%
Vol(5)4.90K
Vol(50)2.60K