Logo image of MCC

Medley Capital Corp (MCC) Stock Technical Analysis

NYSE:MCC - New York Stock Exchange, Inc. -

28.31  +0.39 (+1.4%)

Technical Rating and Analysis

8

Taking everything into account, MCC scores 8 out of 10 in our technical rating. Although MCC is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

Warning: MCC has an average volume of 11830 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 positive. This is looking good!
MCC is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
When compared to the yearly performance of all other stocks, MCC outperforms 54% of them, which is more or less in line with the market.
MCC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MCC is lagging the market.
Weekly and Daily overview Charts
Medley Capital Corp / MCC Weekly stock chart
Medley Capital Corp / MCC Daily stock chart
Setup Rating and Analysis

8

Besides having an excellent technical rating, MCC also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 28.47. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 28.30, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

18.94

29.24

4 important support areas can be observed.

  • A support zone ranging from 27.92 to 28.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @23.43 from a trend line in the daily time frame.
  • Support @22.01 from a trend line in the daily time frame.
  • Support @19.13 from a trend line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 28.47 to 28.95. 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
CRS54.01
Mansfield1.63
10 Day High29.32
10 Day Low27.62
20 Day High29.96
20 Day Low27.55
52 Week High45.2
52 Week Low7
Performance
1 Week-1.19%
2 Weeks-1.43%
1 Month3.04%
3 Month56.11%
6 Month92.59%
12 Month-34.16%
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)-0.37
RSI(14)61.19
LBB27.93
UBB29.2
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
28.9627.911.05 (3.63%)25.00%
An entry @28.96. This is a Buy Stop order right above the resistance zone.An exit @27.91. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 1.05 points, which is 3.63%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.91%.

  • The distance between exit and entry is rather small compared to the average daily movement of MCC. 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.
Medley Capital Corp / MCC Daily stock chart

Medley Capital Corp

NYSE:MCC (12/31/2020, 8:04:54 PM)

28.31

+0.39 (+1.4%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.4%
1 Week-1.19%
2 Weeks-1.43%
1 Month3.04%
3 Month56.11%
6 Month92.59%
12 Month-34.16%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.86
ATR(20)%3.4%
ATR Inc-19.93%
Range Today0.88
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS54.01
Mansfield1.63
10 Day High29.32
10 Day Low27.62
20 Day High29.96
20 Day Low27.55
52 Week High45.2
52 Week Low7
CS1 End28.3
CR1 Start28.47
Volume & EV
DER(3)-1.88%
DER(5)-3.93%
Volume11.70K
Volume Incr-5.78%
Vol(5)10.36K
Vol(50)11.83K