MTCH - Match Group

Exchange: NASDAQ

Tue 14'th Aug 2018

PERIOD 2018-05-15 - 2018-08-14
CHANGE -3.08%
PRICE $48.45
VOLUME
Buy
TREND
Hold

MV LONG
Buy

MV SHORT
Buy

PIVOT
Sell

MACD
Buy

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Match Group Stock Analysis

Technical stock analysis for Tue 14'th Aug 2018

Buy candidate since 2018-08-08 Gain 6.25%
Shorts 13.47% ( 2018-07-31 )
Cash 430.2 mill
Loans n/a
Beta 0.01
ROA 23.06

Match Group fell by -3.08% in the last day from $49.99 to $48.45 and has now fallen 3 days in a row. The price has risen in 7 of the last 10 days and is up by 34.14% over the past 2 weeks. Volume has increased in the last day by 2.26 million shares, but on falling prices. This may be an early warning and the risk will be increased slightly for the next couple of days. In total, 5.29 million shares bought and sold for approximately $256.27 million.

Trend

Match Group is the upper part of a very wide and horizontal trend and normally this would pose a good selling opportunity, but a break-up through the top trend line at $50.82 will give a strong buy signal and a trend shift may be expected. Given the current horizontal trend you can expect Match Group with 90% probability to be traded between $35.10 and $50.66 at the end of this period with 90% probability. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the roof. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners.

Click here for today's Top 5 Trending Companies

Signals

Match Group holds buy signals from both short- and long-term moving averages. In addition, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down there will be some support from the lines at $45.92 and $40.10. A break down below any of these levels will issue sell signals. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sales signal was issued from a pivot top point on Friday August 10, 2018, which indicates further falls until a new bottom pivot has been found. Volume rose on falling prices yesterday. This may be an early warning and the stock should be followed more closely.

Access today's Top 5 Golden Star Companies

Relative Strength Index (RSI)

RSI14 is 69 and the stock is currently not being overbought or oversold

Access full RSI 14 and RSI 21 lists

Support & Resistance

On the downside, the stock finds support just below today's level from accumulated volume at $45.60 and $40.35.

There is natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Match Group finds support just below today's level at $45.60. If this is broken, then the next support from accumulated volume will be at $40.35 and $38.88.

Support: $45.60 Price: $48.45 Resistance: $49.28

Risk

This stock may move much during a day (volatility) and with a large prediction interval from the Bollinger Band this stock is considered to be "high risk". During the last day, the stock moved $2.80 between high and low, or 5.87%. For the last week, the stock has had a daily average volatility of 7.00%.

Our recommended stoploss: $45.71 (-5.65%) (This stock has very high daily movements and this gives very high risk. There is a sell signal from pivot top found 2 days ago.)

Overall risk:

Very Low Low Medium High Very High

MTCH $48.45 $-1.54(-3.08%)
MTCH is down $1.54 today, but where's it headed in September?
Zacks Investment Research is releasing its prediction for MTCH based on the 1-3 month system that more than doubles the S&P 500.

Click here – the MTCH analysis is free »
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