Why Monroe Capital Corporation ($MRCCL) Is Acting Slightly Strange (2019-07-16)

Firstly, today (2019-07-16) we compiled the following articles that we believe to be of interest to Monroe Capital Corporation investors (and everyone else):

https://logistics-business-review.com/-MRCCL-Recommendation-Primary
https://logistics-business-review.com/-MRCCL-Recommendation-Secondary
https://logistics-business-review.com/-MRCCL-Recommendation-MJ1
https://logistics-business-review.com/-MRCCL-Recommendation-MJ2
https://logistics-business-review.com/-MRCCL-Recommendation-3D
https://logistics-business-review.com/-MRCCL-Recommendation-SO

REPORTING FOR 2019-07-16 | LOGISTICS-BUSINESS-REVIEW.COM: We have conducted a deep analysis of how Monroe Capital Corporation ($MRCCL) has been trading over the last 2 weeks and the past day especially. On its latest session, Monroe Capital Corporation ($MRCCL) opened at 25.11, reaching a high of 25.14 and a low of 24.9975 before closing at a price of 25.031. There was a total volume of 9491.

VOLUME INDICATORS: We saw an accumulation-distribution index of 237.8535, an on-balance volume of 25.09, chaikin money flow of 8.5 and a force index of 0.1026. There was an ease of movement rating of 0.00029, a volume-price trend of 0.03983 and a negative volume index of 1000.0.

VOLATILITY: We noted an average true range of 0.06788, bolinger bands of 25.00229, an upper bollinger band of 24.99521, lower bollinger band of 24.9975, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 25.0825, high band keltner channel of 25.0525, low band keltner channel of 25.1125, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 24.9975, a donchian channel low band of 24.9975, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.

TREND: We calculated a Moving Average Convergence Divergence (MACD) of 6e-05, a MACD signal of 3e-05, a MACD difference of 2e-05, a fast Exponential Moving Average (EMA) indicator of 24.9975, a slow Exponential Moving Average (EMA) indicator of 24.9975, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.59645, a trix of -0.09736, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of -66.66667, a Detrended Price Oscillator (DPO) of -0.0413, a KST Oscillator (KST) of 1.65498 and a KST Oscillator (KST Signal) of 1.65498 (leaving a KST difference of 0.02504). We also found an Ichimoku rating of 25.125, an Ichimoku B rating of 25.125, a Ichimoku visual trend A of 25.07917, an Ichimoku visual trend B of 25.13323, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of 4.0.

MOMENTUM: We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 26.85401, a stochastic oscillator of 475.0, a stochastic oscillator signal of 475.0, a Williams %R rating of 375.0 and an awesome oscillator of 0.01849.

RETURNS: There was a daily return of 0.1655, a daily log return of 0.01 and a cumulative return of 0.01.

What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-07-16 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for Monroe Capital Corporation ($MRCCL)…

For a more complete analysis, run all of this through the BTMA software. Also, to stay up to date with what is happening on Monroe Capital Corporation, we strongly advise Monroe Capital Corporation investors to subscribe to MarketBeat.com’s daily email newsletter for updates, news and analyst ratings on stocks like Monroe Capital Corporation – without this you are trading blind:

We will of course continue to cover the news and price action of Monroe Capital Corporation, but it’s easiest for you to just subscribe to MarketBeat’s newsletter above so you don’t miss anything.

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling Monroe Capital Corporation ($MRCCL) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.

Gary Ivenchuck

Gary is a stock trading expert and is responsible for covering technical analysis news on Logistics Business Review. Recently he has been working tirelessly to analyse stocks for our readers, and is always available to hear from people asking for stock analysis.

gary@logistics-business-review.com
Gary Ivenchuck

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