MATTERPORT INC (MTTR) Stock Technical Analysis
NASDAQ:MTTR - Nasdaq - US5770961002 - Common Stock - Currency: USD
Taking everything into account, MTTR scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, MTTR is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that MTTR is one of the better performing stocks in the market, outperforming 96% of all stocks.
MTTR is part of the Software industry. There are 284 other stocks in this industry. MTTR outperforms 91% of them.
MTTR is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month MTTR has a been trading in the 5.10 - 5.46 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
MTTR has an average volume of 4136460 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, MTTR also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 5.31, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for MTTR in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
4.46
5.50
When analyzing the support we can see 6 important areas.
- A support zone ranging from 5.27 to 5.31. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @5.16 from a horizontal line in the daily time frame.
- A support zone ranging from 5.00 to 5.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @4.92 from a trend line in the daily time frame.
- A support zone ranging from 4.65 to 4.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @4.50 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 5.35 to 5.45. 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
CRS96.57
Mansfield1.9
10 Day High5.46
10 Day Low5.16
20 Day High5.46
20 Day Low5.1
52 Week High5.46
52 Week Low1.73
Performance
1 Week2.5%
2 Weeks1.14%
1 Month2.3%
3 Month10.1%
6 Month22.76%
12 Month150.7%
2 Year75.08%
3 Year-27.94%
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)60.8
LBB5.17
UBB5.43
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 5.46 | 5.26 | 0.20 (3.66%) | 25.00% |
| An entry @5.46. This is a Buy Stop order right above the resistance zone. | An exit @5.26. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.20 points, which is 3.66%. | For a 0.92% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
5.34
-0.09 (-1.66%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-1.66%
1 Week2.5%
2 Weeks1.14%
1 Month2.3%
3 Month10.1%
6 Month22.76%
12 Month150.7%
2 Year75.08%
3 Year-27.94%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%1.83%
ATR Inc-4.14%
Range Today0.13
ADR(20)0.1
ADR(20)%1.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.57
Mansfield1.9
10 Day High5.46
10 Day Low5.16
20 Day High5.46
20 Day Low5.1
52 Week High5.46
52 Week Low1.73
CS1 End5.31
CR1 Start5.35
Volume & EV
DER(3)3.16%
DER(5)3.56%
Volume7.82M
Volume Incr100.47%
Vol(5)8.67M
Vol(50)4.14M