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Mutualfirst Finl Inc (MFSF) Stock Technical Analysis

NASDAQ:MFSF - Nasdaq -

24.87  -0.05 (-0.2%)

After market: 24.87 0 (0%)

Technical Rating and Analysis

0

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

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
61% of all other stocks performed better in the past year than MFSF.
MFSF is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MFSF is lagging the market.
MFSF is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Warning: MFSF has an average volume of 15917 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Weekly and Daily overview Charts
Mutualfirst Finl Inc / MFSF Weekly stock chart
Mutualfirst Finl Inc / MFSF Daily stock chart
Setup Rating and Analysis

3

The technical rating of MFSF 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.

Support and Resistance Analysis

23.08

39.64

When analyzing the support we notice one important area.

  • Support @23.31 from a horizontal line in the daily time frame.

4 important resistance areas can be observed.

  • A resistance zone ranging from 24.88 to 24.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @26.84 from a trend line in the daily time frame.
  • Resistance @28.54 from a trend line in the daily time frame.
  • Resistance @39.25 from a horizontal line in the daily time frame.
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
CRS39.66
Mansfield-2.09
10 Day High29.4
10 Day Low22.81
20 Day High29.7
20 Day Low22.81
52 Week High40.61
52 Week Low22.24
Performance
1 Week3.11%
2 Weeks-14.68%
1 Month-16.43%
3 Month-35.08%
6 Month-23.15%
12 Month-14.68%
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)0.11
RSI(14)44.09
LBB22.3
UBB28.89
Mutualfirst Finl Inc / MFSF Daily stock chart

Mutualfirst Finl Inc

NASDAQ:MFSF (4/24/2020, 8:04:25 PM)

After market: 24.87 0 (0%)

24.87

-0.05 (-0.2%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.2%
1 Week3.11%
2 Weeks-14.68%
1 Month-16.43%
3 Month-35.08%
6 Month-23.15%
12 Month-14.68%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.71
ATR(20)%7.49%
ATR Inc-6.77%
Range Today1.6
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
CRS39.66
Mansfield-2.09
10 Day High29.4
10 Day Low22.81
20 Day High29.7
20 Day Low22.81
52 Week High40.61
52 Week Low22.24
CS1 End23.31
CR1 Start24.88
Volume & EV
DER(3)1.92%
DER(5)0.57%
Volume129.50K
Volume Incr145%
Vol(5)33.70K
Vol(50)15.92K