Mbia Inc (MBI): Price Down $-0.26 (-2.02)% Over Past Day, Down $-0.17 (-1.33)% Over Past Hour

The Hourly View for MBI

At the moment, MBI (Get Ratings)’s price is down $-0.17 (-1.33%) from the hour prior. The hourly chart shows that MBI has seen 3 straight down hours. Regarding the trend, note that the strongest trend exists on the 100 hour timeframe. The moving averages on the hourly timeframe suggest a bearishness in price, as the 20, 50, 100 and 200 are all in a bearish alignment — meaning the shorter duration moving averages are below the longer duration averages, implying a stable downward trend.

Out of Insurance stocks, MBI ranks 50th in regards to today’s price percentage change.

MBI’s Technical Outlook on the Daily Chart

At the time of this writing, MBI’s price is down $-0.26 (-2.02%) from the day prior. MBI has seen its price go down 4 out of the past 5 days, thus creating some compelling opportunities for bears. As for the trend on the daily timeframe, we see the clearest trend on the 100 day timeframe. The moving averages on the daily timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment — meaning the shorter durations are above the longer duration averages, implying a sound upward trend. The chart below shows MBI’s price action over the past 90 days.

MBI

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MBI: Daily RSI Analysis

  • MBI’s RSI now stands at 0.
  • MBI and RSI may be exhibiting divergent trends. This may be something to monitor.

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