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MTN Group Limited

MTNOF•PNK
Communication Services
Telecommunications Services
$11.40
$-0.02(-0.18%)
U.S. Market opens in 20h 1m

MTN Group Limited (MTNOF) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for MTN Group Limited (PNK:MTNOF).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

MTNOF Technical Analysis Summary

MTN Group Limited stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 58.91)
Trend Strength:Strong (ADX: 33.98)
Volatility:Low (ATR: 0.09)
Support/Resistance:$11.26 – $11.99 (Bollinger Bands)

Technical conditions suggest MTN Group Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 58.91

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 5.33

Bullish
Oversold zone signals rebound potential.

Williams %R: -84.00

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -2.13

Bearish
Selling pressure outweighs buying.

Takeaway:MTN Group Limited shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: 0.16

Bullish
Bullish, trend momentum is strengthening.

ADX: 33.98

Strong
Strong trend, momentum well established.

ATR (14): 0.09

Low
Low volatility, stable price action.

CCI (14): -25.32

Bearish
Bearish, momentum remains under pressure.

Takeaway:MTN Group Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$11.99
Middle Band (SMA 20)
$11.62
Lower Band
$11.26
Current Position
Within Bands

Takeaway:MTN Group Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$11.59
Middle Line (EMA 20)
$11.40
Lower Channel
$11.21
Squeeze Status
No Squeeze

Takeaway:MTN Group Limited trades around the middle line, reflecting balanced price action.

Volume & Money Flow Analysis
On-Balance Volume-47.10K
Money Flow Index4.78Bullish, oversold conditions signal rebound potential.
Relative Vigor Index11.09Bearish, price momentum favors sellers.

Overall Takeaway:MTNOF shows oversold money flow, with rebound potential building.

Technical Trading Signals Summary
Based on the current technical analysis of MTN Group Limited, here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:MTN Group Limited stock shows a Strong Buy signal — momentum and trend strength are firmly positive, supported by stable volatility.

Technical Analysis FAQ