MISTRAS GROUP INC (MG)
US60649T1079 - Common Stock
We assign a technical rating of 0 out of 10 to MG. MG'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 neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, MG is a bad performer in the overall market: 63% of all stocks are doing better.
In the last month MG has a been trading in the 8.59 - 9.41 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
MG is an average performer in the Professional Services industry, it outperforms 58% of 80 stocks in the same industry.
MG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MG is lagging the market.
Although the technical rating is bad, MG does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 9.11. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 8.77, a Stop Loss order could be placed below this zone.
More info and screens
8.63
12.22
When analyzing the support we notice one important area.
- A support zone ranging from 8.72 to 8.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 9.06 to 9.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 9.40 to 9.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @12.10 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS37.69
Mansfield-1.13
10 Day High9.33
10 Day Low8.59
20 Day High9.41
20 Day Low8.59
52 Week High12.44
52 Week Low7.45
Performance
1 Week1.23%
2 Weeks2.95%
1 Month-0.98%
3 Month-21.35%
6 Month2.6%
12 Month17.05%
2 Year70.94%
3 Year34.82%
5 Year-18.16%
10 Year-54.93%
15 Year-37.52%
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)48.72
LBB8.73
UBB9.23
MISTRAS GROUP INC
NYSE:MG (1/6/2025, 4:10:02 PM)
After market: 9.06 0 (0%)9.06
-0.04 (-0.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg-0.44%
1 Week1.23%
2 Weeks2.95%
1 Month-0.98%
3 Month-21.35%
6 Month2.6%
12 Month17.05%
2 Year70.94%
3 Year34.82%
5 Year-18.16%
10 Year-54.93%
15 Year-37.52%
Volatility
ATR(14)0.35
ATR(20)%3.41%
ATR Inc-23.26%
Range Today0.27
ADR(20)0.31
ADR(20)%3.38%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS37.69
Mansfield-1.13
10 Day High9.33
10 Day Low8.59
20 Day High9.41
20 Day Low8.59
52 Week High12.44
52 Week Low7.45
CS1 End8.77
CR1 Start9.11
Volume & EV
DER(3)0.55%
DER(5)1.61%
Volume123.75K
Volume Incr45.29%
Vol(5)195.53K
Vol(50)155.84K