NYSEARCA:MTBA - NYSE Arca - US82889N5251 - ETF - Currency: USD
Taking everything into account, MTBA scores 4 out of 10 in our technical rating. In the last year, MTBA was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
Although the technical rating is only medium, MTBA 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 50.08. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 50.01, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for MTBA in the last couple of days, which is a good sign.
48.65
When analyzing the support we notice one important area.
When analyzing the resistance we notice one important area.
NYSEARCA:MTBA (4/29/2025, 8:23:49 PM)
50.06
+0.07 (+0.14%)