|
|
|
|
Archive
- 4/5/2024 -
Sign In to see current Signals. |
Masco Corp. (MAS) Technical Analysis
|
 |
| Summary:
| | Weekly :  | | Daily :
Move cursor over the icon to see details.
| | It was the negative week for the Masco Corp. (MAS). During the week, the MAS dropped -1.98 points, or -2.51%, and closed at 76.90 on Friday, April 5, 2024. Weekly volume was -21% below average.
MAS is a member of Industrials Sector. Industrials is the most overbought sector. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.
 Long-term trend: [See MAS long-term trend chart]
A long-term uptrend had started on October 26, 2022 at 42.33 and reached 78.94 on March 28, 2024. MAS gained -36.61 points, or -86.49%, in 74 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend resistance line (50.55) is broken. Usually a broken resistance is considered to be a long-term bullish signal, although a short-term pull back is possible. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend resistance line in a long-term trend.
 Medium-term trend: [See MAS medium-term trend chart]
A medium-term uptrend had started on October 25, 2023 at 47.66 and reached 78.94 on March 28, 2024. MAS gained -31.28 points, or -65.63%, in 22 weeks. The price is now at the 6.52% retracement level.
 Weekly Technical Indicators: [See MAS weekly technical indicators chart]
Weekly Lane's Stochastic is overbought while Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with overbought weekly Lane's Stochastic or strongly overbought weekly Williams' Percentage Range. During the last week, weekly Lane's Stochastic main line (%K) has declined below the overbought signal line (%D). Such crossover is considered a bearish signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help.
The weekly MACD line is above its signal line since November 17, 2023. This is an indication that the medium-term trend is up. Use the following link to access a MACD help.
 Short-term trend: [See MAS short-term trend chart]
A short-term downtrend had started on March 28, 2024 at 78.94 and reached 75.89 on April 2, 2024. MAS lost 3.05 points, or 3.86%, in 5 days. The price is now at the 33.11% retracement level.
 Daily Technical Indicators: [See MAS daily technical indicators chart]
Daily technical indicators are neutral.
During the last week, daily MACD line has moved below its signal line. Such crossover is considered a bearish signal.
| |
|
|
|
|
| Daily Oscillators |
|
|
| Weekly Oscillators |
|
|
| Trading
Signals |
|
|
|
| Sector and
Industry |
| Description |
Name |
Rank |
| Sector |
Industrials |
9 |
| Industry |
Building Products |
78 |
|
| Daily Trend |
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| High |
78.92 |
| High Date |
04/04/2024 |
| Low |
76.28 |
| Low Date |
04/05/2024 |
|
| Weekly Trend |
|
| Description |
Value |
| Direction |
Down |
| Chart Pattern |
DownTrend |
| Status |
|
| Resistance |
|
| Support |
|
| High |
78.94 |
| High Date |
03/28/2024 |
| Low |
75.89 |
| Low Date |
04/02/2024 |
|
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
|
| Resistance |
|
| Support |
|
| Low |
72.61 |
| Low Date |
03/15/2024 |
| High |
78.94 |
| High Date |
03/28/2024 |
|
| Quarterly Trend |
|
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Uptrend |
| Status |
|
| Resistance |
|
| Support |
|
| Low |
47.66 |
| Low Date |
10/25/2023 |
| High |
78.94 |
| High Date |
03/28/2024 |
|
| Description |
Value |
| Direction |
Up |
| Chart Pattern |
Broadening Ascending Wedge |
| Status |
Broken Resistance |
| Resistance |
73.62 |
| Support |
50.55 |
| Low |
42.33 |
| Low Date |
10/26/2022 |
| High |
78.94 |
| High Date |
03/28/2024 |
|
|