Mesa Royalty Trust (MTR) Technical Analysis: Signals, Charts & Indicators

5.21 / 10

Netural

The technical score of 5.21/10 conveys mixed technical signals. Strengths identified in Bearish Engulfing and Long Upper Shadow are compromised by deficiencies in Long Lower Shadow and MACD Death Cross. Technical interpretation: neutral with watchful bias.

Analysis Checks(2/4)

Long Lower Shadow

Score1.99/10

Win Rate41.67%

Hist. Signals12

Avg Return-0.72%

Long Upper Shadow

Score6.39/10

Win Rate57.89%

Hist. Signals19

Avg Return1.15%

MACD Death Cross

Score4.42/10

Win Rate50.00%

Hist. Signals8

Avg Return1.37%

Bearish Engulfing

Score8.03/10

Win Rate83.33%

Hist. Signals6

Avg Return1.67%

Technical Analysis of MTR?

MTR presents a Netural setup with a Technical Score of 5.21/10. Key technical indicators highlight an RSI of 40.75 and a MACD of -0.11, with the trend anchored by the 50-Day SMA at 5.00. Traders should monitor key support at 4.76 and resistance at 5.01.