MTRK Technical Analysis - MOTORK PLC

Technical Rating and Analysis

Taking everything into account, MTRK scores 0 out of 10 in our technical rating. MTRK scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.

95% of all other stocks performed better in the past year than MTRK.

MTRK is part of the Software industry. There are 101 other stocks in this industry, of which 77% are performing better than MTRK.

MTRK is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.

Warning: MTRK has an average volume of 5769 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.

In the last month MTRK has a been trading in the 3.26 - 4.55 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

MTRK has a poor technical rating and the quality of the setup is also not perfect 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

3.74

5.41

2 important support areas can be observed.

Support @3.88 from a trend line in the weekly time frame.
Support @3.78 from a horizontal line in the weekly time frame.

We can see 3 important resistance areas.

A resistance zone ranging from 4.47 to 4.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
Resistance @4.75 from a trend line in the daily time frame.
Resistance @5.36 from a horizontal line in the daily time frame.

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What is Support and Resistance

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Technical Indicator Signal Analysis

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 MTRK.AS is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for MTRK.AS is down.
ChartMill Relative Strength	5.25	NEGATIVE	MTRK.AS has a low relative strength, it was outperformed by 94.75% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	MIXED	The current price of MTRK.AS is above a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of MTRK.AS is below a declining SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of MTRK.AS is below a declining SMA(200).
Relative Strength Index/RSI (14)	46.58	NEUTRAL	The RSI value for MTRK.AS is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.01	POSITIVE	The MACD value suggests MTRK.AS has a positive trend, although the MACD value is declining.
Stochastics (14,3)	50.55	NEUTRAL	The Stochastics value for MTRK.AS is a neutral value.
Average True Range in percent/ATR (20)	6.68	HIGH VOLATILITY	The high ATR as a percentage value for MTRK.AS suggests high volalility.
Average Directional Index/ADX (14)	22.99	NEUTRAL	The ADX value for MTRK.AS suggests a possible start of a new trend.