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MONTEREY CAPITAL ACQUISITI-A (MCAC) Stock Technical Analysis

NASDAQ:MCAC - Nasdaq - US61244M1099 - Common Stock - Currency: USD

3.54  -3.47 (-49.5%)

After market: 3.09 -0.45 (-12.71%)

Technical Rating and Analysis

0

Taking everything into account, MCAC scores 0 out of 10 in our technical rating. MCAC'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.

When comparing the yearly performance of all stocks, MCAC is a bad performer in the overall market: 99% of all stocks are doing better.
MCAC is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month MCAC has a been trading in the 3.54 - 12.47 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
Weekly and Daily overview Charts
MONTEREY CAPITAL ACQUISITI-A / MCAC Weekly stock chart
MONTEREY CAPITAL ACQUISITI-A / MCAC Daily stock chart
Setup Rating and Analysis

1

The technical rating of MCAC is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.

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
CRS1.64
Mansfield-7.21
10 Day High11.3
10 Day Low3.54
20 Day High12.47
20 Day Low3.54
52 Week High12.47
52 Week Low3.54
Performance
1 Week-68.42%
2 Weeks-68.64%
1 Month-68.67%
3 Month-68.42%
6 Month-67.25%
12 Month-65.63%
2 Year-64.31%
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)-0.71
RSI(14)0.93
LBB5.46
UBB14.38
MONTEREY CAPITAL ACQUISITI-A / MCAC Daily stock chart

MONTEREY CAPITAL ACQUISITI-A

NASDAQ:MCAC (7/12/2024, 8:00:01 PM)

After market: 3.09 -0.45 (-12.71%)

3.54

-3.47 (-49.5%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-49.5%
1 Week-68.42%
2 Weeks-68.64%
1 Month-68.67%
3 Month-68.42%
6 Month-67.25%
12 Month-65.63%
2 Year-64.31%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.72
ATR(20)%16.08%
ATR Inc815.47%
Range Today4.06
ADR(20)0.51
ADR(20)%14.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.64
Mansfield-7.21
10 Day High11.3
10 Day Low3.54
20 Day High12.47
20 Day Low3.54
52 Week High12.47
52 Week Low3.54
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-7.79%
DER(5)-10.88%
Volume364.50K
Volume Incr5524.56%
Vol(5)1.20M
Vol(50)147.03K