Technical Analysis for MAIN - Main Street Capital Corporation

Grade Last Price % Change Price Change
A 42.41 0.40% 0.17
MAIN closed up 0.4 percent on Monday, April 19, 2021, on 79 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. The bulls were able to push the stock to a new 52-week high. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
Earnings due: May 3
*** please verify all earnings dates ***

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up
Historical MAIN trend table...

Date Alert Name Type % Chg
New 52 Week Closing High Bullish 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
NR7 Range Contraction 0.00%
New 52 Week High Strength 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
New 52 Week Closing High Bullish 0.40%
Pocket Pivot Bullish Swing Setup 0.40%
New 52 Week High Strength 0.40%
Overbought Stochastic Strength 0.40%
Older End-of-Day Signals for MAIN ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Possible Pocket Pivot about 12 hours ago
Trending on StockTwits about 15 hours ago
Rose Above Previous Day's High about 17 hours ago
New 52 Week High about 17 hours ago
1.5x Volume Pace about 17 hours ago
View Earlier Intraday Alerts

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Profile

Main Street Capital Corporation Description

Main Street Capital Corporation is a business development company specializing in long- term equity, equity related, and debt investments in small and lower middle market companies. The firm focuses on investments in warrants, PIK (Payment in Kind) interest, convertible securities, junior secured or unsecured, subordinated loans, private equity, venture debt, mezzanine investments, mature, mid venture, industry consolidation, later stage, late venture, emerging growth, management buyouts, ownership transitions, recapitalizations, strategic acquisitions, business expansion, growth financings, and other growth initiatives primarily for later stage businesses. It does not seek to invest in start-up companies or companies with speculative business plans. It seeks to invest in traditional or basic businesses. The firm primarily invests in companies based in the Southern, South Central, and Southwestern regions of the United States but also considers other domestic investment opportunities. It invests between $2 million and $15 million in companies with revenues between $5 million and $300 million, enterprise values between $3 million and $50 million, and EBITDA between $1 million and $10 million. The firm seeks to charge a fixed interest rate between 12 percent and 14 percent, payable in cash, in case of its mezzanine loan investments. The firm typically invests in the form of term debt with equity participation and/or direct equity investments. It prefers to maintain fully diluted equity positions in its portfolio companies of 5 percent to 50 percent, and may have controlling interests in some instances. The firm also co-invests with other investment firms. It seeks to exit its debt investments through the repayment of the investment from internally generated cash flow and/or refinancing within a period of three to seven years. Main Street Capital Corporation was founded in 1997 and is based at Houston, Texas.


Classification

Sector: Financial Services
Industry: Asset Management
Keywords: Private Equity Business Development Mezzanine Capital Refinancing Ic Bus Western Region Venture Debt

Is MAIN 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 42.4915
52 Week Low 21.6
Average Volume 344,533
200-Day Moving Average 32.67
50-Day Moving Average 37.89
20-Day Moving Average 40.36
10-Day Moving Average 41.65
Average True Range 0.66
ADX 39.39
+DI 30.53
-DI 8.00
Chandelier Exit (Long, 3 ATRs ) 40.50
Chandelier Exit (Short, 3 ATRs ) 39.42
Upper Bollinger Band 43.20
Lower Bollinger Band 37.52
Percent B (%b) 0.86
BandWidth 14.08
MACD Line 1.29
MACD Signal Line 1.23
MACD Histogram 0.0541
Fundamentals Value
Market Cap 2.81 Billion
Num Shares 66.3 Million
EPS 1.98
Price-to-Earnings (P/E) Ratio 21.47
Price-to-Sales 9.40
Price-to-Book 1.51
PEG Ratio 2.47
Dividend 2.46
Dividend Yield 5.80%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 43.00
Resistance 3 (R3) 42.96 42.73 42.90
Resistance 2 (R2) 42.73 42.58 42.74 42.87
Resistance 1 (R1) 42.57 42.48 42.65 42.61 42.83
Pivot Point 42.33 42.33 42.37 42.35 42.33
Support 1 (S1) 42.18 42.18 42.26 42.21 41.99
Support 2 (S2) 41.94 42.09 41.96 41.95
Support 3 (S3) 41.78 41.94 41.92
Support 4 (S4) 41.82