Technical Analysis for MEC - Mayville Engineering Company, Inc.

Grade Last Price % Change Price Change
F 16.60 1.72% 0.28
MEC closed down 2.04 percent on Wednesday, November 20, 2024, on approximately normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Flat Down Down

Date Alert Name Type % Chg
NR7 Range Contraction 1.72%
Narrow Range Bar Range Contraction 1.72%
Inside Day Range Contraction 1.72%
Wide Bands Range Expansion 1.72%
Oversold Stochastic Weakness 1.72%
200 DMA Resistance Bearish -0.36%
Wide Bands Range Expansion -0.36%
Oversold Stochastic Weakness -0.36%
Fell Below 200 DMA Bearish 1.03%
Stochastic Reached Oversold Weakness 1.03%

   Recent Intraday Alerts

Alert Time
Up 2% 1 minute ago
60 Minute Opening Range Breakout 28 minutes ago
Up 1% about 2 hours ago
60 Minute Opening Range Breakout 2 days ago
Up 2% 2 days ago

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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 23.02
52 Week Low 11.07
Average Volume 139,565
200-Day Moving Average 16.68
50-Day Moving Average 19.62
20-Day Moving Average 18.69
10-Day Moving Average 16.89
Average True Range 1.06
RSI (14) 34.21
ADX 27.54
+DI 14.11
-DI 30.46
Chandelier Exit (Long, 3 ATRs) 19.83
Chandelier Exit (Short, 3 ATRs) 18.64
Upper Bollinger Bands 22.66
Lower Bollinger Band 14.72
Percent B (%b) 0.2
BandWidth 42.47
MACD Line -1.01
MACD Signal Line -0.76
MACD Histogram -0.2541
Fundamentals Value
Market Cap 331.43 Million
Num Shares 20.3 Million
EPS 0.39
Price-to-Earnings (P/E) Ratio 41.85
Price-to-Sales 0.45
Price-to-Book 1.12
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 16.95
Resistance 3 (R3) 16.99 16.83 16.85
Resistance 2 (R2) 16.83 16.67 16.81 16.81
Resistance 1 (R1) 16.57 16.57 16.49 16.53 16.77
Pivot Point 16.41 16.41 16.37 16.39 16.41
Support 1 (S1) 16.15 16.25 16.07 16.11 15.87
Support 2 (S2) 15.99 16.15 15.97 15.83
Support 3 (S3) 15.73 15.99 15.80
Support 4 (S4) 15.69