NYSE:MSM - New York Stock Exchange, Inc. - US5535301064 - Common Stock - Currency: USD
Taking everything into account, MSM scores 0 out of 10 in our technical rating. MSM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, MSM does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 78.27. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for MSM in the last couple of days, which is a good sign.
76.54
When analyzing the resistance we notice 4 important areas.
77.31
+1.47 (+1.94%)