MMTEC INC (MTC)
VGG6181K1140 - Common Stock
We assign a technical rating of 0 out of 10 to MTC. MTC's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
97% of all other stocks performed better in the past year than MTC.
MTC is one of the lesser performing stocks in the Software industry. 88% of 280 stocks in the same industry do better.
MTC is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so MTC is lagging the market.
In the last month MTC has a been trading in the 1.28 - 3.52 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
MTC has an average volume of 2951410 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
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
1.25
2.09
3 important resistance areas can be observed.
- A resistance zone ranging from 1.30 to 1.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.64 from a trend line in the daily time frame.
- Resistance @2.07 from a trend 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
CRS3.36
Mansfield-8.72
10 Day High2.48
10 Day Low1.28
20 Day High3.52
20 Day Low1.28
52 Week High103.2
52 Week Low1.28
Performance
1 Week-27.83%
2 Weeks-26.21%
1 Month-46.8%
3 Month-34.68%
6 Month-59.67%
12 Month-81.5%
2 Year-78.87%
3 Year-97.52%
5 Year-99.16%
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)-0.02
RSI(14)30.41
LBB1.29
UBB2.31
MMTEC INC
NASDAQ:MTC (12/23/2024, 10:50:07 AM)
1.266
-0.04 (-3.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-3.36%
1 Week-27.83%
2 Weeks-26.21%
1 Month-46.8%
3 Month-34.68%
6 Month-59.67%
12 Month-81.5%
2 Year-78.87%
3 Year-97.52%
5 Year-99.16%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.26
ATR(20)%24.86%
ATR Inc-20%
Range Today0.11
ADR(20)0.3
ADR(20)%23.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.36
Mansfield-8.72
10 Day High2.48
10 Day Low1.28
20 Day High3.52
20 Day Low1.28
52 Week High103.2
52 Week Low1.28
CS1 EndN/A
CR1 Start1.64
Volume & EV
DER(3)-3.45%
DER(5)-4.14%
Volume104.08K
Volume Incr-73.22%
Vol(5)1.33M
Vol(50)2.95M