MISTRAS GROUP INC (MG) Stock Technical Analysis
NYSE:MG - New York Stock Exchange, Inc. - US60649T1079 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to MG. 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.
In the last month MG has a been trading in the 8.58 - 10.48 range, which is quite wide. It is currently trading near the lows of this range.
When compared to the yearly performance of all other stocks, MG outperforms 40% of them, which is more or less in line with the market.
MG is an average performer in the Professional Services industry, it outperforms 67% of 82 stocks in the same industry.
MG is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Considerably lower volume is observed in the last couple of days.
MG has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 9.19. Right above this resistance zone may be a good entry point.
More info and screens
8.63
10.63
When analyzing the support we can see 2 important areas.
- Support @8.93 from a trend line in the daily time frame.
- 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.
We can see 3 important resistance areas.
- A resistance zone ranging from 9.19 to 9.34. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @10.25 from a trend line in the weekly time frame.
- Resistance @10.52 from a trend 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
CRS40.88
Mansfield-0.41
10 Day High9.49
10 Day Low8.85
20 Day High10.48
20 Day Low8.58
52 Week High12.44
52 Week Low7.45
Performance
1 Week-0.76%
2 Weeks-2.98%
1 Month-13.06%
3 Month-8.06%
6 Month4.47%
12 Month-3.49%
2 Year12.32%
3 Year60.28%
5 Year92%
10 Year-49.22%
15 Year-22.25%
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)0.01
RSI(14)42.04
LBB8.97
UBB9.5
9.12
-0.21 (-2.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg-2.25%
1 Week-0.76%
2 Weeks-2.98%
1 Month-13.06%
3 Month-8.06%
6 Month4.47%
12 Month-3.49%
2 Year12.32%
3 Year60.28%
5 Year92%
10 Year-49.22%
15 Year-22.25%
Volatility
ATR(14)0.34
ATR(20)%4.86%
ATR Inc-2.74%
Range Today0.38
ADR(20)0.4
ADR(20)%4.34%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS40.88
Mansfield-0.41
10 Day High9.49
10 Day Low8.85
20 Day High10.48
20 Day Low8.58
52 Week High12.44
52 Week Low7.45
CS1 End8.93
CR1 Start9.19
Volume & EV
DER(3)2.41%
DER(5)2.06%
Volume127.20K
Volume Incr-45.34%
Vol(5)99.64K
Vol(50)164.87K