MISTRAS GROUP INC (MG)

US60649T1079 - Common Stock

9.15  +0.13 (+1.44%)

After market: 9.15 0 (0%)

Technical Rating and Analysis

1

Taking everything into account, MG scores 1 out of 10 in our technical rating. MG 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.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the performance of all stocks over the past year, MG turns out to be only a medium performer in the overall market: it outperformed 49% of all stocks.
MG is part of the Professional Services industry. There are 81 other stocks in this industry, MG did better than 57% of them.
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.
In the last month MG has a been trading in the 8.10 - 11.45 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
MG Weekly chart
MG Daily chart
Setup Rating and Analysis

6

Although the technical rating is bad, MG does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 8.93, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for MG in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

8.31

12.22

We found 2 important support areas.

  • A support zone ranging from 8.72 to 8.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 8.39 to 8.50. This zone is formed by a combination of multiple trend lines in the daily time frame.

2 important resistance areas can be observed.

  • A resistance zone ranging from 9.40 to 9.49. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Resistance @12.10 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
CRS49.72
Mansfield-1.03
10 Day High9.56
10 Day Low8.67
20 Day High11.45
20 Day Low8.1
52 Week High12.44
52 Week Low6.3
Performance
1 Week1.55%
2 Weeks0.55%
1 Month-15.82%
3 Month-22.59%
6 Month6.27%
12 Month33.77%
2 Year132.23%
3 Year14.81%
5 Year-30.89%
10 Year-46.46%
15 Year-24.94%
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)41.76
LBB8.53
UBB9.55
MG Daily chart

MISTRAS GROUP INC

NYSE:MG (11/21/2024, 8:04:00 PM)

After market: 9.15 0 (0%)

9.15

+0.13 (+1.44%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg1.44%
1 Week1.55%
2 Weeks0.55%
1 Month-15.82%
3 Month-22.59%
6 Month6.27%
12 Month33.77%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.36
ATR(20)%5.58%
ATR Inc
Range Today0.27
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High9.56
10 Day Low8.67
20 Day High11.45
20 Day Low8.1
52 Week High12.44
52 Week Low6.3
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume128.90K
Volume Incr-18.22%
Vol(5)141.70K
Vol(50)163.33K