Weaker Buy Today MCS.L ranks #1694 as BUY CANDIDATE. Stronger Buy
Today MCS.L ranks #1694 as BUY CANDIDATE.

MCS.L stock The Marcus Corp

MCS.L stock
The Marcus Corp

April 24, 2019
Change 0.31%
Chart period: 2019-01-25 - 2019-04-24
VOLUME
Buy
TREND
Sell

MV LONG
Buy

MV SHORT
Sell

PIVOT
Buy

MACD
Sell

Will MCS.L stock price go up or down on Fri, 26 Apr 2019?

The Marcus Corp Forecast and Stock Analysis

Technical MCS.L stock analysis for April 24, 2019.

Buy candidate since 2019-04-24
Shorts 2.55% ( 2019-03-29 )
Cash n/a
Loans n/a
Beta 0.67
ROA 5.44

The Marcus Corp gained 0.31% in the last trading day, rising from $127.50 to $127.90 The price has fallen in 6 of the last 10 days and is down by -1.31% for this period. Volume has increased in the last day along with the price, which is a positive technical sign, and, in total, 53 134 more shares were traded than the day before. In total, 671 576 shares bought and sold for approximately $85.89 million.

Close price at the end of the last trading day (Wednesday, 24th Apr 2019) of the MCS.L stock was $127.90. This is 0.31% more than the trading day before Tuesday, 23rd Apr 2019.

During day the stock fluctuated 2.77% from a day low at $126.20 to a day high of $129.70.

30 day high of the MCS.L stock price was $132.10 and low was $123.70.
90 day high was $142.00 and low was $121.40.
52 week high for the The Marcus Corp - $144.40 and low - $96.05.

Trend

The Marcus Corp lies in the middle of a falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -4.12% during the next 3 months and, with 90% probability hold a price between $115.24 and $125.54 at the end of this period.

Click here for today's Top 5 Trending Companies

Signals

Only positive signals in the chart today. The Marcus Corp holds a sales signal from the short-term moving average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock. On further gains, the stock will meet resistance from the short-term moving average at approximately $128.90. On a fall, the stock will find some support from the long-term average at approximately $127.76. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sales signal. A buy signal was issued from a pivot bottom point on Tuesday April 23, 2019, which indicates further gains until a new top pivot has been found. Volume is rising along with the price. This is considered to be a good technical signal.

The stock had a Golden Star Signal* on Monday April 01, 2019 in the short-term chart.

* Golden Star Signal* is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Access today's Top 5 Golden Star Companies

A sell signal from a double top formation was found on Monday April 15, 2019 and based on theory for this formation the price should fall by -6.95% to $124.65 within 7 trading days since signal was issued (Friday April 26, 2019).

Relative Strength Index (RSI)

RSI14 is 50 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

The Marcus Corp finds support from accumulated volume at $127.10.

Support: $127.10 Price: $127.90 Resistance: $128.30

Risk

This stock is usually traded at good volume, and with minor daily changes the risk is considered to be low. During the last day, the stock moved $3.50 (2.77%) between high and low. For the last week, the stock has had a daily average volatility of 2.50%.

Our recommended stoploss: $120.19 (-6.03%) (This stock has low daily movements and this gives low risk. There is a buy signal from pivot bottom found 1 days ago.)

Overall risk:

Very Low Low Medium High Very High

Evaluation: Buy Candidate

Several short-term signals are positive, despite the stock being in a falling trend, we conclude that the current level may hold a buying opportunity as there is a fair chance for this stock to perform well in the short-term. We have upgraded our recommendation for this stock since last evaluation from a Sell Candidate to a Buy Candidate.

Weaker Buy Today MCS.L ranks #1694 as BUY CANDIDATE. Stronger Buy
Today MCS.L ranks #1694 as BUY CANDIDATE.