Technical Analysis for MHN - Menhaden Capital Plc

Grade Last Price % Change Price Change
B 103.00 -0.96% -1.00
MHN closed down 0.96 percent on Wednesday, April 24, 2024, on 53 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 stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline.
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Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
Fell Below 20 DMA Bearish 0.00%
Fell Below 50 DMA Bearish 0.00%
180 Bearish Setup Bearish Swing Setup 0.00%
Bollinger Band Squeeze Range Contraction 0.00%
NR7 Range Contraction 0.00%
Doji - Bullish? Reversal 0.00%
BB Squeeze + Lower Band Touch Range Contraction 0.00%
BB Squeeze Started Range Contraction 0.00%
Below Lower BB Weakness 0.00%
Gapped Down Weakness 0.00%

   Recent Intraday Alerts

Alert Time
50 DMA Resistance about 11 hours ago
Possible NR7 about 12 hours ago
50 DMA Support about 16 hours ago
Fell Below Upper Bollinger Band about 17 hours ago
Gapped Down (Full) about 17 hours ago

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Profile

Menhaden Capital PLC is a United Kingdom-based investment trust. The Company's investment objective is to generate long-term shareholder returns, predominantly in the form of capital growth, by investing in businesses and opportunities, delivering or benefitting from the efficient use of energy and resources irrespective of their size, location or stage of development. The Company invests, either directly or through external funds, in a portfolio consisting of over three allocations, such as listed equity, yield assets and special situations. The Company invests in various sectors, such as clean energy production, resource and energy efficiency, transport, and water and waste management. Frostrow Capital LLP serves as its alternative investment fund manager (AIFM).
Classification

Sector: Financial Services
Industry: Asset Management
Keywords: Energy Investment Trust Transport Water Alternative Investment Sovereign Wealth Funds Waste Management Investment Companies Waste Energy Efficiency Special Situation Aif Clean Energy Energy Production

Is MHN 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 105.0
52 Week Low 89.9965
Average Volume 171,020
200-Day Moving Average 99.06
50-Day Moving Average 103.48
20-Day Moving Average 103.95
10-Day Moving Average 103.90
Average True Range 1.18
RSI (14) 31.51
ADX 10.1
+DI 11.08
-DI 9.13
Chandelier Exit (Long, 3 ATRs) 101.45
Chandelier Exit (Short, 3 ATRs) 106.55
Upper Bollinger Bands 104.39
Lower Bollinger Band 103.51
Percent B (%b) -0.59
BandWidth 0.84
MACD Line 0.10
MACD Signal Line 0.22
MACD Histogram -0.1206
Fundamentals Value
Market Cap 81.4 Million
Num Shares 79 Million
EPS -0.26
Price-to-Earnings (P/E) Ratio -396.15
Price-to-Sales 5.97
Price-to-Book 0.68
Dividend 0.00
Dividend Yield 0.00%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 104.05
Resistance 3 (R3) 104.17 103.93 103.88
Resistance 2 (R2) 103.93 103.67 103.88 103.82
Resistance 1 (R1) 103.47 103.50 103.35 103.35 103.76
Pivot Point 103.23 103.23 103.18 103.18 103.23
Support 1 (S1) 102.77 102.97 102.65 102.65 102.24
Support 2 (S2) 102.53 102.80 102.48 102.18
Support 3 (S3) 102.07 102.53 102.13
Support 4 (S4) 101.95