CARECLOUD INC - MTBC 11 PERP (MTBCP) Stock Technical Analysis
NASDAQ:MTBCP - Nasdaq - US14167R2094 - Currency: USD
Taking everything into account, MTBCP scores 5 out of 10 in our technical rating. Although MTBCP is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
61% of all other stocks performed better in the past year than MTBCP.
Warning: MTBCP has an average volume of 6284 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
MTBCP is an average performer in the Health Care Technology industry, it outperforms 66% of 37 stocks in the same industry.
MTBCP is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month MTBCP has a been trading in a tight range between 26.44 and 27.00.
MTBCP has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 26.99. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 26.90, a Stop Loss order could be placed below this zone.
More info and screens
25.00
27.60
We found 3 important support areas.
- A support zone ranging from 26.44 to 26.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Strong support @25.96 from a horizontal line in the daily time frame.
- A support zone ranging from 25.25 to 25.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 26.99 to 27.33. 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
CRS39.29
Mansfield0.6
10 Day High27
10 Day Low26.51
20 Day High27
20 Day Low26.44
52 Week High29.5
52 Week Low25.23
Performance
1 Week0.82%
2 Weeks0.05%
1 Month0.57%
3 Month1.71%
6 Month3.36%
12 Month-8.43%
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
RSI(14)55.14
LBB26.72
UBB27.04
NASDAQ:MTBCP (1/9/2023, 8:23:58 PM)
26.9137
-0.08 (-0.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Technology
Performance
% Chg-0.28%
1 Week0.82%
2 Weeks0.05%
1 Month0.57%
3 Month1.71%
6 Month3.36%
12 Month-8.43%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.3
ATR(20)%1.18%
ATR Inc-7.15%
Range Today0.29
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
CRS39.29
Mansfield0.6
10 Day High27
10 Day Low26.51
20 Day High27
20 Day Low26.44
52 Week High29.5
52 Week Low25.23
CS1 End26.9
CR1 Start26.99
Volume & EV
DER(3)-1.85%
DER(5)-0.5%
Volume7.70K
Volume Incr-20.22%
Vol(5)5.86K
Vol(50)6.28K