MMTEC INC (MTC) Stock Technical Analysis
NASDAQ:MTC - Nasdaq - VGG6181K1223 - Common Stock - Currency: USD
Overall MTC gets a technical rating of 2 out of 10. In the past year, MTC was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, MTC is a bad performer in the overall market: 97% of all stocks are doing better.
MTC is part of the Software industry. There are 285 other stocks in this industry, of which 85% are performing better than MTC.
MTC is currently trading near the lower end of its 52 week range, which is not a good sign. MTC is lagging the S&P500 Index which is trading in the middle of its 52 week range.
In the last month MTC has a been trading in the 0.76 - 1.27 range, which is quite wide. It is currently trading near the high of this range.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of MTC 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
0.94
2.32
2 important support areas can be observed.
- Support @1.07 from a trend line in the daily time frame.
- A support zone ranging from 0.95 to 0.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @1.19 from a horizontal line in the daily time frame.
- Resistance @2.30 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.13
Mansfield-7.32
10 Day High1.27
10 Day Low0.89
20 Day High1.27
20 Day Low0.76
52 Week High103.2
52 Week Low0.76
Performance
1 Week15.65%
2 Weeks11.11%
1 Month13.24%
3 Month-34.32%
6 Month-63.1%
12 Month-95.18%
2 Year-82.74%
3 Year-97.28%
5 Year-98.64%
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)0.04
RSI(14)55.76
LBB0.75
UBB1.22
NASDAQ:MTC (4/25/2025, 8:24:55 PM)
1.11
-0.06 (-5.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-5.13%
1 Week15.65%
2 Weeks11.11%
1 Month13.24%
3 Month-34.32%
6 Month-63.1%
12 Month-95.18%
2 Year-82.74%
3 Year-97.28%
5 Year-98.64%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%9.81%
ATR Inc-9.35%
Range Today0.1
ADR(20)0.11
ADR(20)%9.68%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.13
Mansfield-7.32
10 Day High1.27
10 Day Low0.89
20 Day High1.27
20 Day Low0.76
52 Week High103.2
52 Week Low0.76
CS1 End1.07
CR1 Start1.19
Volume & EV
DER(3)-15.37%
DER(5)-5.96%
Volume41.20K
Volume Incr43.48%
Vol(5)160.84K
Vol(50)131.84K