MAYVILLE ENGINEERING CO INC (MEC) Stock Technical Analysis
NYSE:MEC - New York Stock Exchange, Inc. - US5786051079 - Common Stock - Currency: USD
Taking everything into account, MEC scores 1 out of 10 in our technical rating. MEC has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
In the last month MEC has a been trading in the 15.06 - 16.54 range, which is quite wide. It is currently trading near the lows of this range.
MEC is one of the better performing stocks in the Machinery industry, it outperforms 75% of 129 stocks in the same industry.
Looking at the yearly performance, MEC did better than 73% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
MEC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MEC is lagging the market.
Considerably lower volume is observed in the last couple of days.
The technical rating of MEC is bad and it also does not present a 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.
More info and screens
14.52
16.53
We found 2 important support areas.
- Support @15.06 from a trend line in the weekly time frame.
- A support zone ranging from 14.67 to 14.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 15.58 to 15.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 16.15 to 16.37. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS73.86
Mansfield-1.62
10 Day High16.2
10 Day Low15.06
20 Day High16.54
20 Day Low15.06
52 Week High23.02
52 Week Low11.38
Performance
1 Week-1.44%
2 Weeks-5.75%
1 Month-6.75%
3 Month-11.3%
6 Month-22.4%
12 Month29.02%
2 Year-7.09%
3 Year45.74%
5 Year106.72%
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)-0.04
RSI(14)39.59
LBB15.08
UBB16.16
15.07
-0.54 (-3.46%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-3.46%
1 Week-1.44%
2 Weeks-5.75%
1 Month-6.75%
3 Month-11.3%
6 Month-22.4%
12 Month29.02%
2 Year-7.09%
3 Year45.74%
5 Year106.72%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.41
ATR(20)%2.83%
ATR Inc41.55%
Range Today0.77
ADR(20)0.41
ADR(20)%2.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.86
Mansfield-1.62
10 Day High16.2
10 Day Low15.06
20 Day High16.54
20 Day Low15.06
52 Week High23.02
52 Week Low11.38
CS1 End15.06
CR1 Start15.58
Volume & EV
DER(3)-3.32%
DER(5)-1.77%
Volume62.50K
Volume Incr-19.51%
Vol(5)48.86K
Vol(50)86.03K