Technical Analysis for MEC - Mayville Engineering Company, Inc.

Grade Last Price % Change Price Change
grade D 7.26 0.83% 0.06
MEC closed up 0.83 percent on Friday, July 10, 2020, on 33 percent of normal volume. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Strong Down Up Down
Historical MEC trend table...

Date Alert Name Type % Chg
Hammer Candlestick Bullish 0.00%
Lizard Bullish Bullish Day Trade Setup 0.00%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Fell Below 20 DMA Bearish 0.83%
New Downtrend Bearish 0.83%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 0.83%
Crossed Above 20 DMA Bullish -5.71%
1,2,3 Pullback Bullish Bullish Swing Setup -5.71%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup -5.71%

Get a Trading Assistant

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

Profile

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.
Technology Manufacturing Laser Industrial Processes Metal Fabrication Aftermarket Services Powder Coating Numerical Control

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 15.615
52 Week Low 3.89
Average Volume 40,788
200-Day Moving Average 8.12
50-Day Moving Average 6.49
20-Day Moving Average 7.46
10-Day Moving Average 7.56
Average True Range 0.47
ADX 27.89
+DI 18.19
-DI 21.81
Chandelier Exit (Long, 3 ATRs ) 6.54
Chandelier Exit (Short, 3 ATRs ) 7.90
Upper Bollinger Band 7.95
Lower Bollinger Band 6.96
Percent B (%b) 0.3
BandWidth 13.28
MACD Line 0.24
MACD Signal Line 0.33
MACD Histogram -0.0894
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 7.80
Resistance 3 (R3) 7.74 7.50 7.71
Resistance 2 (R2) 7.50 7.36 7.53 7.68
Resistance 1 (R1) 7.38 7.28 7.44 7.44 7.65
Pivot Point 7.14 7.14 7.17 7.17 7.14
Support 1 (S1) 7.02 7.00 7.08 7.08 6.87
Support 2 (S2) 6.78 6.92 6.81 6.84
Support 3 (S3) 6.66 6.78 6.81
Support 4 (S4) 6.72