MASTEC INC (MTZ) Stock Technical Analysis
NYSE:MTZ - New York Stock Exchange, Inc. - US5763231090 - Common Stock - Currency: USD
Taking everything into account, MTZ scores 3 out of 10 in our technical rating. Although MTZ is scoring some points because its good overall performance in the market in the past year, 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.
MTZ is one of the better performing stocks in the Construction & Engineering industry, it outperforms 78% of 51 stocks in the same industry.
MTZ has an average volume of 1294080 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that MTZ is one of the better performing stocks in the market, outperforming 82% of all stocks. However, MTZ's most recent performance is quite weak.
MTZ is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month MTZ has a been trading in the 99.70 - 132.49 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
MTZ has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 116.98. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 109.74, a Stop Loss order could be placed below this zone.
More info and screens
105.01
133.00
When analyzing the support we can see 2 important areas.
- Support @109.74 from a horizontal line in the daily time frame.
- A support zone ranging from 106.07 to 106.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 116.98 to 119.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @131.68 from a horizontal 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
CRS82.48
Mansfield0.26
10 Day High123.69
10 Day Low99.7
20 Day High132.49
20 Day Low99.7
52 Week High166.95
52 Week Low83.04
Performance
1 Week1.13%
2 Weeks3.89%
1 Month-8.07%
3 Month-24.93%
6 Month-8.49%
12 Month37.83%
2 Year31.02%
3 Year61.59%
5 Year224.12%
10 Year548.61%
15 Year830.14%
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)0.78
RSI(14)47.17
LBB105.11
UBB125.62
116.36
-1.05 (-0.89%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryConstruction & Engineering
Performance
% Chg-0.89%
1 Week1.13%
2 Weeks3.89%
1 Month-8.07%
3 Month-24.93%
6 Month-8.49%
12 Month37.83%
2 Year31.02%
3 Year61.59%
5 Year224.12%
10 Year548.61%
15 Year830.14%
Volatility
ATR(14)8.5
ATR(20)%6.59%
ATR Inc-51.13%
Range Today3.33
ADR(20)6.93
ADR(20)%5.95%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.48
Mansfield0.26
10 Day High123.69
10 Day Low99.7
20 Day High132.49
20 Day Low99.7
52 Week High166.95
52 Week Low83.04
CS1 End109.74
CR1 Start116.98
Volume & EV
DER(3)0.76%
DER(5)0.32%
Volume1.01M
Volume Incr-43.73%
Vol(5)792.40K
Vol(50)1.29M