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MOUNTAIN CREST ACQ CORP IV (MCAF) Stock Technical Analysis

NASDAQ:MCAF - Nasdaq - US62403K1088 - Common Stock - Currency: USD

14.85  +1.36 (+10.08%)

Premarket: 6 -8.85 (-59.6%)

Technical Rating and Analysis

6

Taking everything into account, MCAF scores 6 out of 10 in our technical rating. MCAF has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.

Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
Warning: MCAF has an average volume of 16972 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When comparing the yearly performance of all stocks, we notice that MCAF is one of the better performing stocks in the market, outperforming 93% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
MCAF is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MCAF is lagging the market.
In the last month MCAF has a been trading in the 10.68 - 19.40 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
MOUNTAIN CREST ACQ CORP IV / MCAF Weekly stock chart
MOUNTAIN CREST ACQ CORP IV / MCAF Daily stock chart
Setup Rating and Analysis

3

MCAF has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

11.25

15.01

We found 2 important support areas.

  • A support zone ranging from 12.62 to 12.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @11.36 from a trend line in the daily time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 14.86 to 14.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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
CRS93.07
Mansfield1.33
10 Day High19.4
10 Day Low11.19
20 Day High19.4
20 Day Low10.68
52 Week High31.26
52 Week Low5.59
Performance
1 Week20.73%
2 Weeks13.36%
1 Month10.45%
3 Month63.37%
6 Month36.99%
12 Month43.62%
2 Year49.7%
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)0.21
RSI(14)56.57
LBB10.9
UBB14.55
MOUNTAIN CREST ACQ CORP IV / MCAF Daily stock chart

MOUNTAIN CREST ACQ CORP IV

NASDAQ:MCAF (3/28/2024, 8:23:22 PM)

Premarket: 6 -8.85 (-59.6%)

14.85

+1.36 (+10.08%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg10.08%
1 Week20.73%
2 Weeks13.36%
1 Month10.45%
3 Month63.37%
6 Month36.99%
12 Month43.62%
2 Year49.7%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.94
ATR(20)%10.95%
ATR Inc250.73%
Range Today1.49
ADR(20)1.17
ADR(20)%7.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.07
Mansfield1.33
10 Day High19.4
10 Day Low11.19
20 Day High19.4
20 Day Low10.68
52 Week High31.26
52 Week Low5.59
CS1 End12.94
CR1 Start14.86
Volume & EV
DER(3)-5.47%
DER(5)-14.54%
Volume1.50K
Volume Incr95.87%
Vol(5)3.32K
Vol(50)16.97K