Taking everything into account, MTEK scores 0 out of 10 in our technical rating. MTEK scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, MTEK 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 1.50. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for MTEK in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.21
We found 2 important support areas.
- Support @1.27 from a trend line in the daily time frame.
- Support @1.22 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 1.50 to 1.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 MTEK is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MTEK is down. |
| ChartMill Relative Strength | 1.98 | NEGATIVE | MTEK has a low relative strength, it was outperformed by 98.02% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MTEK is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MTEK is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MTEK is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.25 | NEUTRAL | The RSI value for MTEK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests MTEK has a positive trend. |
| Stochastics (14,3) | 31.28 | NEUTRAL | The Stochastics value for MTEK is a neutral value. |
| Average True Range in percent/ATR (20) | 7.12 | HIGH VOLATILITY | The high ATR as a percentage value for MTEK suggests high volalility. |
| Average Directional Index/ADX (14) | 15.82 | NEGATIVE | The low ADX value for MTEK suggests a weak or negative trend. |
1.32
+0.02 (+1.54%)
MARIS - TECH LTD / MTEK FAQ
What is the technical rating for MTEK stock?
ChartMill assigns a technical rating of 0 / 10 to MTEK.
What is the current trend direction of MARIS - TECH LTD (MTEK) stock?
The current trend direction for MARIS - TECH LTD (MTEK) is Bearish.
What is the RSI signal for MTEK stock?
MARIS - TECH LTD (MTEK) has an RSI value of 46.2496. This indicates that the stock is currently neutral.
What is the MACD signal for MTEK stock?
The MACD indicator for MARIS - TECH LTD (MTEK) has a value of 0.010966, indicating a bearish trend.
What is the short term momentum for MARIS - TECH LTD (MTEK) stock?
The short term momentum for MARIS - TECH LTD (MTEK) is negative.