MVB FINANCIAL CORP (MVBF) Stock Technical Analysis
NASDAQ:MVBF - Nasdaq - US5538101024 - Common Stock - Currency: USD
Overall MVBF gets a technical rating of 0 out of 10. MVBF scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
When comparing the yearly performance of all stocks, MVBF is a bad performer in the overall market: 80% of all stocks are doing better.
MVBF is part of the Banks industry. There are 405 other stocks in this industry, of which 92% are performing better than MVBF.
MVBF 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.
In the last month MVBF has a been trading in the 18.58 - 20.79 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
The technical rating of MVBF is bad and it also does not present a quality setup 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.
More info and screens
17.37
23.88
When analyzing the support we can see 3 important areas.
- Support @18.54 from a horizontal line in the daily time frame.
- Support @18.01 from a trend line in the weekly time frame.
- A support zone ranging from 17.55 to 17.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 19.77 to 20.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @22.25 from a horizontal line in the daily time frame.
- Resistance @23.64 from a trend 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
CRS20.67
Mansfield-1.26
10 Day High20.79
10 Day Low18.58
20 Day High20.79
20 Day Low18.58
52 Week High25.24
52 Week Low17.51
Performance
1 Week-4.95%
2 Weeks-3.26%
1 Month-2.01%
3 Month-14.75%
6 Month-13.24%
12 Month-10.03%
2 Year-30.34%
3 Year-50.65%
5 Year7.77%
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)-0.07
RSI(14)39.51
LBB18.81
UBB20.76
19.01
-0.02 (-0.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.11%
1 Week-4.95%
2 Weeks-3.26%
1 Month-2.01%
3 Month-14.75%
6 Month-13.24%
12 Month-10.03%
2 Year-30.34%
3 Year-50.65%
5 Year7.77%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.65
ATR(20)%3.38%
ATR Inc29.19%
Range Today0.67
ADR(20)0.61
ADR(20)%3.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.67
Mansfield-1.26
10 Day High20.79
10 Day Low18.58
20 Day High20.79
20 Day Low18.58
52 Week High25.24
52 Week Low17.51
CS1 End18.54
CR1 Start19.77
Volume & EV
DER(3)-3.55%
DER(5)-2.81%
Volume30.00K
Volume Incr-15.03%
Vol(5)26.38K
Vol(50)39.23K