MINERALS TECHNOLOGIES INC (MTX) Stock Technical Analysis
NYSE:MTX - New York Stock Exchange, Inc. - US6031581068 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to MTX. MTX 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.
When comparing the yearly performance of all stocks, MTX is a bad performer in the overall market: 78% of all stocks are doing better.
MTX is currently trading near the lower end of its 52 week range, which is not a good sign. But, the S&P500 Index is also trading in the lower part of its yearly range, so MTX is not an exception.
In the last month MTX has a been trading in the 52.40 - 66.71 range, which is quite wide. It is currently trading near the lows of this range.
MTX is part of the Chemicals industry. There are 85 other stocks in this industry, MTX did better than 54% of them.
Although the technical rating is bad, MTX does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
55.20
86.03
When analyzing the support we notice one important area.
- Support @55.76 from a horizontal line in the weekly time frame.
We can see 5 important resistance areas.
- Resistance @58.46 from a horizontal line in the daily time frame.
- Resistance @61.62 from a trend line in the daily time frame.
- Resistance @68.20 from a trend line in the daily time frame.
- Resistance @80.57 from a trend line in the weekly time frame.
- Resistance @85.18 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.74
Mansfield-1.98
10 Day High59.1
10 Day Low52.4
20 Day High66.71
20 Day Low52.4
52 Week High90.3
52 Week Low52.4
Performance
1 Week1.54%
2 Weeks-3.16%
1 Month-15.57%
3 Month-25.54%
6 Month-29.15%
12 Month-20.81%
2 Year-4.3%
3 Year-10.85%
5 Year28.77%
10 Year-16.27%
15 Year96.57%
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)0.05
RSI(14)36.11
LBB51.88
UBB63.73
55.98
-0.73 (-1.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-1.29%
1 Week1.54%
2 Weeks-3.16%
1 Month-15.57%
3 Month-25.54%
6 Month-29.15%
12 Month-20.81%
2 Year-4.3%
3 Year-10.85%
5 Year28.77%
10 Year-16.27%
15 Year96.57%
Volatility
ATR(14)2.83
ATR(20)%4.44%
ATR Inc-52.03%
Range Today1.79
ADR(20)2.15
ADR(20)%3.84%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS22.74
Mansfield-1.98
10 Day High59.1
10 Day Low52.4
20 Day High66.71
20 Day Low52.4
52 Week High90.3
52 Week Low52.4
CS1 End56.18
CR1 Start58.46
Volume & EV
DER(3)-1.4%
DER(5)-0.94%
Volume214.87K
Volume Incr-18.5%
Vol(5)194.62K
Vol(50)219.59K