MICROVAST HOLDINGS INC (MVST) Stock Technical Analysis
NASDAQ:MVST - Nasdaq - US59516C1062 - Common Stock - Currency: USD
Taking everything into account, MVST scores 8 out of 10 in our technical rating. Both in the recent history as in the last year, MVST has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
MVST is one of the better performing stocks in the Machinery industry, it outperforms 97% of 128 stocks in the same industry.
In the last month MVST has a been trading in the 1.09 - 1.90 range, which is quite wide. It is currently trading near the high of this range.
MVST has an average volume of 6387880 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, MVST did better than 98% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
MVST 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.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
MVST has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 1.64, a Stop Loss order could be placed below this zone.
More info and screens
1.14
2.41
4 important support areas can be observed.
- A support zone ranging from 1.62 to 1.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1.30 to 1.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.24 from a trend line in the daily time frame.
- Support @1.15 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 1.84 to 1.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.39 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
CRS98.98
Mansfield12.11
10 Day High1.9
10 Day Low1.53
20 Day High1.9
20 Day Low1.09
52 Week High2.87
52 Week Low0.15
Performance
1 Week10.24%
2 Weeks0.55%
1 Month38.64%
3 Month-11.16%
6 Month771.43%
12 Month266.15%
2 Year74.29%
3 Year-63.1%
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)0.03
RSI(14)59.5
LBB1.36
UBB2.01
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 |
|---|---|---|---|
| 1.85 | 1.61 | 0.24 (12.97%) | 7.71% |
| An entry @1.85. This is a Buy Stop order right above the resistance zone. | An exit @1.61. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.24 points, which is 12.97%. | For a 1.00% total portfolio risk, you can invest 7.71% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of MVST. Please evaluate whether better entry and exit points can be found.
- 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.
1.83
+0.18 (+10.91%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg10.91%
1 Week10.24%
2 Weeks0.55%
1 Month38.64%
3 Month-11.16%
6 Month771.43%
12 Month266.15%
2 Year74.29%
3 Year-63.1%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.23
ATR(20)%10.7%
ATR Inc-35.66%
Range Today0.19
ADR(20)0.19
ADR(20)%10.41%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.98
Mansfield12.11
10 Day High1.9
10 Day Low1.53
20 Day High1.9
20 Day Low1.09
52 Week High2.87
52 Week Low0.15
CS1 End1.64
CR1 Start1.84
Volume & EV
DER(3)-3.83%
DER(5)-2.21%
Volume7.03M
Volume Incr-43.91%
Vol(5)4.68M
Vol(50)6.39M