Technical Analysis for MEC - Mayville Engineering Company, Inc.

Grade Last Price % Change Price Change
B 15.96 6.40% 0.96
MEC closed up 10.13 percent on Wednesday, May 8, 2024, on 3.64 times normal volume. It was able to find support at its 50 day moving average.
1 Watcher
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up

Date Alert Name Type % Chg
50 DMA Support Bullish 6.40%
Crossed Above 20 DMA Bullish 6.40%
MACD Bullish Signal Line Cross Bullish 6.40%
180 Bullish Setup Bullish Swing Setup 6.40%
Expansion Breakout Bullish Swing Setup 6.40%
Expansion Pivot Buy Setup Bullish Swing Setup 6.40%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 6.40%
Pocket Pivot Bullish Swing Setup 6.40%
Reversal New Highs Setup Bullish Swing Setup 6.40%
Volume Surge Other 6.40%

   Recent Intraday Alerts

Alert Time
Up 2 ATRs about 1 hour ago
New 52 Week High about 3 hours ago
Up 5% about 3 hours ago
Up 1 ATR about 3 hours ago
60 Minute Opening Range Breakout about 3 hours ago

Get this analysis on your stocks daily!

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

Mayville Engineering Company, Inc. Description

Founded in 1945, MEC is a leading U.S.-based value-added manufacturing partner that provides a broad range of prototyping and tooling, production fabrication, coating, assembly and aftermarket services. Our customers operate in diverse end markets, including heavy- and medium-duty commercial vehicle, construction, powersports, agriculture, military and other end markets. Along with process engineering and development services, MEC maintains an extensive manufacturing infrastructure in 21 facilities across eight states. These facilities make it possible to offer conventional and CNC stamping, shearing, fiber laser cutting, forming, drilling, tapping, grinding, tube bending, machining, welding, assembly and logistic services. MEC also possesses a broad range of finishing capabilities including shot blasting, e-coating, powder coating, wet spray and military grade chemical agent resistant coating (CARC) painting.


Classification

Sector: Industrials
Industry: Metal Fabrication
Keywords: Laser Machining Welding Tooling Hearing Metal Fabrication Aftermarket Services Powder Coating Fiber Laser Logistic Services Numerical Control Powersports Shearing

Is MEC a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 15.5
52 Week Low 9.7185
Average Volume 63,381
200-Day Moving Average 12.60
50-Day Moving Average 13.59
20-Day Moving Average 13.81
10-Day Moving Average 13.93
Average True Range 0.57
RSI (14) 64.91
ADX 12.52
+DI 23.20
-DI 17.32
Chandelier Exit (Long, 3 ATRs) 13.33
Chandelier Exit (Short, 3 ATRs) 14.86
Upper Bollinger Bands 14.46
Lower Bollinger Band 13.16
Percent B (%b) 1.41
BandWidth 9.40
MACD Line 0.14
MACD Signal Line 0.09
MACD Histogram 0.0574
Fundamentals Value
Market Cap 304.63 Million
Num Shares 20.3 Million
EPS 0.39
Price-to-Earnings (P/E) Ratio 38.46
Price-to-Sales 0.45
Price-to-Book 1.12
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 17.46
Resistance 3 (R3) 17.20 16.12 17.05
Resistance 2 (R2) 16.12 15.49 16.25 16.91
Resistance 1 (R1) 15.56 15.11 15.84 15.82 16.78
Pivot Point 14.48 14.48 14.62 14.61 14.48
Support 1 (S1) 13.92 13.85 14.20 14.18 13.22
Support 2 (S2) 12.84 13.47 12.97 13.09
Support 3 (S3) 12.28 12.84 12.95
Support 4 (S4) 12.54