MARKFORGED HOLDING CORP (MKFG)

US57064N1028 - Common Stock

4.49  +0.06 (+1.35%)

Technical Rating and Analysis

4

Taking everything into account, MKFG scores 4 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. MKFG was also a bad performer in the overall market in the last year.

73% of all other stocks performed better in the past year than MKFG.
MKFG is part of the Machinery industry. There are 131 other stocks in this industry, of which 64% are performing better than MKFG.
In the last month MKFG has a been trading in the 4.38 - 4.76 range, which is quite wide. It is currently trading near the lows of this range.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
MKFG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MKFG is lagging the market.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
MKFG Weekly chart
MKFG Daily chart
Setup Rating and Analysis

6

MKFG has an average technical rating and the quality of the presented setup is also not ideal 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

4.35

4.99

We found 1 important support area.

  • A support zone ranging from 4.39 to 4.42. This zone is formed by a combination of multiple trend lines in multiple time frames.

2 important resistance areas can be observed.

  • A resistance zone ranging from 4.77 to 4.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @4.94 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
CRS27.59
Mansfield-2.92
10 Day High4.63
10 Day Low4.38
20 Day High4.76
20 Day Low4.38
52 Week High9.3
52 Week Low1.57
Performance
1 Week-1.56%
2 Weeks-3.06%
1 Month-6.54%
3 Month41.08%
6 Month-29.29%
12 Month-41.66%
2 Year-61.14%
3 Year-93.59%
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)-0.09
RSI(14)59.56
LBB4.38
UBB4.66
MKFG Daily chart

MARKFORGED HOLDING CORP

NYSE:MKFG (11/4/2024, 10:56:52 AM)

4.49

+0.06 (+1.35%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg1.35%
1 Week-1.56%
2 Weeks-3.06%
1 Month-6.54%
3 Month41.08%
6 Month-29.29%
12 Month-41.66%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.07
ATR(20)%1.69%
ATR Inc
Range Today0.05
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 High4.63
10 Day Low4.38
20 Day High4.76
20 Day Low4.38
52 Week High9.3
52 Week Low1.57
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume14.81K
Volume Incr-58.21%
Vol(5)117.06K
Vol(50)582.01K