Question 1

What does the Stochastic Oscillator suggest about MTZ's trend?

Accepted Answer

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 7 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Question 2

How did MTZ's Momentum indicator behave recently?

Accepted Answer

MTZ saw its Momentum Indicator move above the 0 level on August 15, 2024. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 76 similar instances where the indicator turned positive. In 53 of the 76 cases, the stock moved higher in the following days. The odds of a move higher are at 0%.

Question 3

What does MACD indicator imply for MTZ?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for MTZ just turned positive on August 09, 2024. Looking at past instances where MTZ's MACD turned positive, the stock continued to rise in 32 of 48 cases over the following month. The odds of a continued upward trend are 0%.

Question 4

What is the significance of the 50-day moving average indicator for MTZ?

Accepted Answer

MTZ moved above its 50-day moving average on August 13, 2024 date and that indicates a change from a downward trend to an upward trend.

Question 5

What is the significance of the 10-day moving average indicator for MTZ?

Accepted Answer

The 10-day moving average for MTZ crossed bullishly above the 50-day moving average on August 16, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In 11 of 15 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are 0%.

Question 6

What does a 3-day price advance indicate for MTZ?

Accepted Answer

Following a +2.17% 3-day Advance, the price is estimated to grow further. Considering data from situations where MTZ advanced for three days, in 242 of 335 cases, the price rose further within the following month. The odds of a continued upward trend are 0%.

Question 7

What does a 3-day decline signify for MTZ's future price movement?

Accepted Answer

Following a 3-day decline, the stock is projected to fall further. Considering past instances where MTZ declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 0%.

Question 8

How does the Aroon Indicator reflect on MTZ's trend?

Accepted Answer

The Aroon Indicator entered an Uptrend today. In 199 of 262 cases where MTZ Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are 0%.

MTZ Stock MasTec (MTZ, $108.38) Aroon Indicator entered an Uptrend on June 06, 2024.

Momentum Indicator for MTZ turns positive, indicating new upward trend

General Information