Technical Analysis for MTNOY - Mtn Group Ltd SP ADR

Grade Last Price % Change Price Change
grade B 6.98 0.58% 0.0400
MTNOY closed up 0.58 percent on Friday, August 16, 2019, on 60 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Up Down Down
See historical MTNOY trend table...

Date Alert Name Type % Chg
Narrow Range Bar Range Contraction 0.00%
NR7 Range Contraction 0.00%
Lower Bollinger Band Walk Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Pocket Pivot Bullish Swing Setup 0.58%
Lower Bollinger Band Walk Weakness 0.58%
Lower Bollinger Band Touch Weakness 0.58%
Oversold Stochastic Weakness 0.58%
Lower Bollinger Band Walk Weakness 1.45%
Below Lower BB Weakness 1.45%

Older signals for MTNOY ...

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Profile
MTN Group Limited is a mobile operator. The Company offers voice, data and digital services to retail customers in approximately 20 countries where it has telecoms licenses, as well as enterprise solutions to corporate, small and medium enterprises (SME) and public sector customers in over 30 countries. The Company's segments include South Africa, Nigeria, Large opco cluster, Small opco cluster, Major joint venture-Iran, Head office companies and eliminations, and Hyperinflation impact. The Large opco cluster includes its operations in Ivory Coast, Ghana, Cameroon, Uganda, Sudan and Syria. Its voice and data services include voice bundles, data bundles, bonus on recharge and low-denomination recharge vouchers. Through partnerships, the Company offers various digital services, with a focus on financial services, e-commerce, media and entertainment, and lifestyle offerings. Its services include MTN Football, MTN VU, MTN Play, MTN Music, Gaming, MTN Mobile Money and Taxi hailing.
Financial Services Telecommunications E Commerce Retail Customers Gaming Vodafone Voice And Data Services Mtn Group Voucher
Is MTNOY a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 2 bullish, 1 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 8.06
52 Week Low 4.68
Average Volume 9,830
200-Day Moving Average 6.642
50-Day Moving Average 7.451
20-Day Moving Average 7.4832
10-Day Moving Average 7.2123
Average True Range 0.1838
ADX 18.96
+DI 23.6598
-DI 43.3309
Chandelier Exit (Long, 3 ATRs ) 7.5086
Chandelier Exit (Short, 3 ATRs ) 7.3614
Upper Bollinger Band 8.156
Lower Bollinger Band 6.8104
Percent B (%b) 0.13
BandWidth 17.981612
MACD Line -0.147
MACD Signal Line -0.0572
MACD Histogram -0.0898
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 7.0745
Resistance 3 (R3) 7.0640 7.0220 7.0588
Resistance 2 (R2) 7.0220 6.9979 7.0273 7.0535
Resistance 1 (R1) 7.0010 6.9831 7.0115 7.0115 7.0482
Pivot Point 6.9590 6.9590 6.9643 6.9643 6.9590
Support 1 (S1) 6.9380 6.9349 6.9485 6.9485 6.9118
Support 2 (S2) 6.8960 6.9201 6.9013 6.9065
Support 3 (S3) 6.8750 6.8960 6.9013
Support 4 (S4) 6.8855