Mitel Networks Corporati (MNW.CA) Stock Technical Analysis
TSX:MNW - Toronto Stock Exchange -
Overall MNW gets a technical rating of 9 out of 10. Both in the recent history as in the last year, MNW has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that MNW is one of the better performing stocks in the market, outperforming 92% of all stocks.
MNW is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so MNW is leading the market.
In the last month MNW has a been trading in a tight range between 14.35 and 14.88.
Volume is considerably higher in the last couple of days.
MNW has an excellent technical rating, but the quality of the setup is only medium 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.
More info and screens
10.75
14.97
4 important support areas can be observed.
- A support zone ranging from 14.41 to 14.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 14.13 to 14.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @13.47 from a trend line in the weekly time frame.
- Support @10.86 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 14.79 to 14.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.76
Mansfield1.25
10 Day High14.88
10 Day Low14.45
20 Day High14.88
20 Day Low14.35
52 Week High14.88
52 Week Low9.17
Performance
1 Week2.14%
2 Weeks2.35%
1 Month2.71%
3 Month3.07%
6 Month3.21%
12 Month48.84%
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)0.03
RSI(14)68.18
LBB14.32
UBB14.86
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 14.83 | 14.44 | 0.39 (2.63%) | 25.00% |
| An entry @14.83. This is a Buy Stop order right above the resistance zone. | An exit @14.44. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.39 points, which is 2.63%. | For a 0.66% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX:MNW (11/30/2018, 9:03:32 PM)
14.78
-0.03 (-0.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.2%
1 Week2.14%
2 Weeks2.35%
1 Month2.71%
3 Month3.07%
6 Month3.21%
12 Month48.84%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%0.58%
ATR Inc-31.06%
Range Today0.08
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
CRS92.76
Mansfield1.25
10 Day High14.88
10 Day Low14.45
20 Day High14.88
20 Day Low14.35
52 Week High14.88
52 Week Low9.17
CS1 End14.63
CR1 Start14.79
Volume & EV
DER(3)2.75%
DER(5)5.41%
Volume408.39K
Volume Incr588.96%
Vol(5)120.39K
Vol(50)39.82K