REPORTING FOR 2019-12-04 | MARKETREFLEX.COM: With the assistance of the Beat The Market Analyzer software and our own in-house methods, we have conducted a deep analysis of how MTE has been trading over the last 2 weeks and the past day especially. On its latest session, Montanaro European Smaller C. Tst Plc (LON:MTE) opened at 1080.0, reaching a high of 1084.0 and a low of 1070.0 before closing at a price of 1070.0. There was a total volume of 12126.0.
VOLUME INDICATORS: We saw an accumulation-distribution index of 10431.74824, an on-balance volume of 1080.0, chaikin money flow of 6.0 and a force index of 126.875. There was an ease of movement rating of -0.05948, a volume-price trend of 9491.81836 and a negative volume index of 1000.0. What do these volume indicators mean for MTE? Click here for an explanation.
VOLATILITY: We noted an average true range of 116.02873, bolinger bands of 1079.57107, an upper bollinger band of 1065.42893, lower bollinger band of 1070.0, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 1078.0, high band keltner channel of 1074.0, low band keltner channel of 1082.0, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 1070.0, a donchian channel low band of 1070.0, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0. What do these volatility indicators mean for MTE? Click here for an explanation.
TREND: We calculated a Moving Average Convergence Divergence (MACD) of 0.11218, a MACD signal of 0.06232, a MACD difference of 0.04986, a fast Exponential Moving Average (EMA) indicator of 1070.0, a slow Exponential Moving Average (EMA) indicator of 1070.0, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.00911, a trix of 211.93884, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of 66.66667, a Detrended Price Oscillator (DPO) of -865.93671, a KST Oscillator (KST) of 4243.4712 and a KST Oscillator (KST Signal) of 4243.4712 (leaving a KST difference of 6.12555). We also found an Ichimoku rating of 1082.0, an Ichimoku B rating of 1082.0, a Ichimoku visual trend A of 445.46732, an Ichimoku visual trend B of 560.27048, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of 4.0. What do these trend indicators mean for MTE? Click here for an explanation.
MOMENTUM: We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 98.85837, a stochastic oscillator of 350.0, a stochastic oscillator signal of 350.0, a Williams %R rating of 250.0 and an awesome oscillator of -106.37007. What do these momentum indicators mean for MTE? Click here for an explanation.
RETURNS: There was a daily return of 424.34712, a daily log return of 0.4662 and a cumulative return of 0.46729.
What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-12-04 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for Montanaro European Smaller C. Tst Plc (LON:MTE)…
DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling Montanaro European Smaller C. Tst Plc (LON:MTE) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.
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