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Mechanical Technolgy (MKTY) Stock Technical Analysis

NASDAQ:MKTY - Nasdaq -

12.66  -0.18 (-1.4%)

Technical Rating and Analysis

7

We assign a technical rating of 7 out of 10 to MKTY. Although MKTY is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.

100% of all other stocks performed better in the past year than MKTY.
MKTY is part of the Electronic Equipment, Instruments & Components industry. There are 123 other stocks in this industry, of which 95% are performing better than MKTY.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month MKTY has a been trading in the 9.04 - 13.48 range, which is quite wide. It is currently trading near the high of this range.
MKTY is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MKTY is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
Mechanical Technolgy / MKTY Weekly stock chart
Mechanical Technolgy / MKTY Daily stock chart
Setup Rating and Analysis

3

Although MKTY has an excellent technical rating, it does not offer a high 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

6.77

13.12

We found 5 important support areas.

  • A support zone ranging from 11.33 to 11.35. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Support @9.00 from a trend line in the daily time frame.
  • Support @8.00 from a horizontal line in the daily time frame.
  • Support @7.02 from a horizontal line in the daily time frame.
  • Support @6.84 from a horizontal line in the daily time frame.

We found 1 important resistance area.

  • Resistance @12.99 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
CRS0
Mansfield-30
10 Day High13.26
10 Day Low10.51
20 Day High13.48
20 Day Low9.04
52 Week High18.9
52 Week Low6.28
Performance
1 Week18.54%
2 Weeks-2.47%
1 Month35.98%
3 Month66.58%
6 Month62.1%
12 Month0%
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)0.06
RSI(14)65.21
LBB10.44
UBB13.22
Mechanical Technolgy / MKTY Daily stock chart

Mechanical Technolgy

NASDAQ:MKTY (11/3/2021, 8:02:01 PM)

12.66

-0.18 (-1.4%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-1.4%
1 Week18.54%
2 Weeks-2.47%
1 Month35.98%
3 Month66.58%
6 Month62.1%
12 Month0%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.89
ATR(20)%6.76%
ATR Inc-24.49%
Range Today0.56
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
CRS0
Mansfield-30
10 Day High13.26
10 Day Low10.51
20 Day High13.48
20 Day Low9.04
52 Week High18.9
52 Week Low6.28
CS1 End11.35
CR1 Start12.99
Volume & EV
DER(3)2.75%
DER(5)2.04%
Volume87.50K
Volume Incr-42.01%
Vol(5)139.94K
Vol(50)229.33K