Current Trend (W): UP
Abv/Below Value Zone: Inside
Next Scheduled Report Date: 5 August 2015
52 Week High: $77.95
52 Week Low: $56.37
Current Relevant Resistance: $62.00
Current Relevant Support: $69.70
Recent Close: $67.60
Comment: MTX is a barely above Small Cap (at $2.4 Billion) stock that looks geared for a move higher. It’s struggling to make a directional decision at the current price level (horizontal line). Multiple additional support levels are noted by the numbers 1-3.
I suspect price will bounce and take off through the downtrend line which will, incidentally, present a good entry signal.