MONTAUK RENEWABLES INC (MNTK) Stock Technical Analysis
NASDAQ:MNTK - Nasdaq - US61218C1036 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to MNTK. MNTK'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.
84% of all other stocks performed better in the past year than MNTK.
MNTK is part of the Independent Power and Renewable Electricity Producers industry. There are 20 other stocks in this industry, of which 78% are performing better than MNTK.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
MNTK is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MNTK is lagging the market.
In the last month MNTK has a been trading in the 4.01 - 4.71 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
MNTK has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
3.68
6.01
We found 2 important support areas.
- Support @3.82 from a trend line in the weekly time frame.
- A support zone ranging from 3.72 to 3.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- A resistance zone ranging from 4.33 to 4.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 4.46 to 4.47. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A resistance zone ranging from 4.63 to 4.70. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @5.72 from a horizontal line in the weekly time frame.
- Resistance @5.95 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
CRS16.17
Mansfield-1.74
10 Day High4.71
10 Day Low4.18
20 Day High4.71
20 Day Low4.01
52 Week High6.22
52 Week Low3.38
Performance
1 Week-1.86%
2 Weeks-4.1%
1 Month-6.03%
3 Month-5.61%
6 Month-4.75%
12 Month-30.24%
2 Year-57.3%
3 Year-59.28%
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
RSI(14)46.69
LBB4.08
UBB4.63
4.21
-0.25 (-5.61%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorUtilities
GICS IndustryIndependent Power and Renewable Electricity Producers
Performance
% Chg-5.61%
1 Week-1.86%
2 Weeks-4.1%
1 Month-6.03%
3 Month-5.61%
6 Month-4.75%
12 Month-30.24%
2 Year-57.3%
3 Year-59.28%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%5.56%
ATR Inc44.44%
Range Today0.41
ADR(20)0.23
ADR(20)%5.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.17
Mansfield-1.74
10 Day High4.71
10 Day Low4.18
20 Day High4.71
20 Day Low4.01
52 Week High6.22
52 Week Low3.38
CS1 End3.82
CR1 Start4.33
Volume & EV
DER(3)-6.53%
DER(5)-2.7%
Volume125.50K
Volume Incr-8.24%
Vol(5)112.40K
Vol(50)149.37K