Taking everything into account, MSTX scores 0 out of 10 in our technical rating. MSTX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of MSTX is bad and it also does not present a 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.
More info and screens
4.20
We can see 2 important resistance areas.
- A resistance zone ranging from 5.25 to 5.29. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @7.02 from a trend line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for MSTX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MSTX is down. |
| ChartMill Relative Strength | 0.45 | NEGATIVE | MSTX has a low relative strength, it was outperformed by 99.55% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MSTX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MSTX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MSTX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 29.63 | OVERSOLD | The low RSI value suggests MSTX may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.24 | POSITIVE | The MACD value suggests MSTX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 9.91 | OVERSOLD | The low Stochastics value suggests MSTX may be oversold. |
| Average True Range in percent/ATR (20) | 18.96 | HIGH VOLATILITY | The high ATR as a percentage value for MSTX suggests high volalility. |
| Average Directional Index/ADX (14) | 42.76 | POSITIVE | The high ADX value value for MSTX suggests a strong trend. |
4.24
-0.13 (-2.97%)
DEFIANCE DLY TRG 2X LNG MSTR / MSTX FAQ
What is the ChartMill technical rating of DEFIANCE DLY TRG 2X LNG MSTR (MSTX) stock?
ChartMill assigns a technical rating of 0 / 10 to MSTX.
What is the trend direction for MSTX stock?
The current trend direction for DEFIANCE DLY TRG 2X LNG MSTR (MSTX) is Bearish.
What is the RSI signal for DEFIANCE DLY TRG 2X LNG MSTR (MSTX) stock?
DEFIANCE DLY TRG 2X LNG MSTR (MSTX) has an RSI value of 29.625. This indicates that the stock is currently oversold.
What is the short term momentum for MSTX stock?
The short term momentum for DEFIANCE DLY TRG 2X LNG MSTR (MSTX) is negative.
Can you provide the support and resistance levels for DEFIANCE DLY TRG 2X LNG MSTR?
DEFIANCE DLY TRG 2X LNG MSTR (MSTX) has a resistance level at 5.25. Check the full technical report for our detailed analysis of MSTX support and resistance levels.