Technical Analysis for MTX - Minerals Technologies Inc.

Grade Last Price % Change Price Change
B 73.70 3.54% 2.52
MTX closed up 3.54 percent on Friday, April 26, 2024, on 1.34 times normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline. The bulls were able to push the stock to a new 52-week high. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation.
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Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
Shooting Star Candlestick Bearish 0.00%
Lizard Bearish Bearish Day Trade Setup 0.00%
Gilligan's Island Sell Setup Bearish Swing Setup 0.00%
Crossed Above 20 DMA Bullish 0.00%
Crossed Above 50 DMA Bullish 0.00%
MACD Bullish Signal Line Cross Bullish 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
Wide Range Bar Range Expansion 0.00%
New 52 Week High Strength 0.00%
Earnings Movers Other 0.00%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakdown about 4 hours ago
Upper Bollinger Band Resistance about 6 hours ago
Gapped Up (Full) about 8 hours ago
Rose Above 20 DMA about 8 hours ago
Rose Above Previous Day's High about 8 hours ago

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Profile

Minerals Technologies Inc. Description

Minerals Technologies Inc., a resource and technology based company, develops, produces and markets a range of specialty mineral, mineral-based, and synthetic mineral products; and supporting systems and services worldwide. It operates in two segments, Specialty Minerals and Refractories. The Specialty Minerals segment produces and sells synthetic mineral product precipitated calcium carbonate; and processed mineral product quicklime. It also mines mineral ores; and processes and sells natural mineral products, primarily limestone and talc. This segment's products are used in the paper, building materials, paint and coatings, glass, ceramic, polymer, food, automotive, and pharmaceutical industries. The Refractories segment produces and markets monolithic and shaped refractory materials and specialty products, services, and application and measurement equipment; and calcium metal and metallurgical wire products. This segment's products are primarily used in high-temperature applications in the steel, non-ferrous metal, and glass industries. The company markets its products primarily through its direct sales force, as well as regional distributors. Minerals Technologies Inc. was founded in 1968 and is headquartered in New York, New York.


Classification

Sector: Basic Materials
Industry: Chemicals
Keywords: Mining Steel Building Materials Paint Ceramic Mineral Ferrous Pharmaceutical Industries Limestone Industrial Mineral Lime Non Ferrous Metal Wire Products Measurement Equipment Mineral Products Refractory Talc

Is MTX 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 78.04
52 Week Low 48.4505
Average Volume 132,020
200-Day Moving Average 63.27
50-Day Moving Average 72.72
20-Day Moving Average 72.60
10-Day Moving Average 71.73
Average True Range 1.83
RSI (14) 56.52
ADX 18.76
+DI 31.74
-DI 14.86
Chandelier Exit (Long, 3 ATRs) 72.56
Chandelier Exit (Short, 3 ATRs) 75.34
Upper Bollinger Bands 75.14
Lower Bollinger Band 70.05
Percent B (%b) 0.72
BandWidth 7.01
MACD Line -0.23
MACD Signal Line -0.23
MACD Histogram 0.0014
Fundamentals Value
Market Cap 2.4 Billion
Num Shares 32.5 Million
EPS 2.58
Price-to-Earnings (P/E) Ratio 28.57
Price-to-Sales 1.07
Price-to-Book 1.40
PEG Ratio 2.26
Dividend 0.25
Dividend Yield 0.34%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 80.74
Resistance 3 (R3) 81.41 79.72 79.57
Resistance 2 (R2) 79.72 77.93 79.39 79.18
Resistance 1 (R1) 76.71 76.82 75.87 76.05 78.79
Pivot Point 75.03 75.03 74.61 74.70 75.03
Support 1 (S1) 72.02 73.23 71.18 71.35 68.61
Support 2 (S2) 70.33 72.13 70.00 68.22
Support 3 (S3) 67.32 70.33 67.83
Support 4 (S4) 66.66