MTEX Price Chart
Loading chart...
50 DMA150 DMA200 DMA
MTEXMannatech, Incorporated
$9.13
Financials
AVOID
Investment Thesis
MTEX is a market laggard (RS 17/99, Top 83%) with weak fundamentals. avoid chasing - protect capital. Smart traders skip this one until the setup improves.
Weak relative strength + ordinary growth = Pass
Key Takeaways
- Earnings weak
- RS 17 - market laggard
- No base pattern
- Wait & watch
Earnings Momentum
Earnings Accelerating
Price Structure
Partial AlignmentPrice
$9.13
✓→
50 DMA
$8.83
→
100 DMA
$8.88
✓→
150 DMA
$8.84
→
200 DMA
$9.13
Alignment Score: 2/4
LEADERSHIP TEST FAILED
RS Rating 17/99 is in Bottom 17% of market. Minervini target: Top 20% (RS 80+)
Why Not BUY Yet?
RS Rating
17 (Top 83%)→>80 (Top 20%)
EPS Growth
7%→>25% Qtr YoY
Pattern
No base forming→VCP or constructive base
What Would Change Our Mind?
To turn bullish on MTEX, we need:
- RS Rating: >80 (Top 20%)(currently 17 (Top 83%))
- EPS Growth: >25% Qtr YoY(currently 7%)
- Pattern: VCP or constructive base(currently No base forming)
Twin Engines Dashboard
Technical Health
RS Rating
17/99
Top 83% (Need 80+)
Trend
Weak Uptrend
Above 200 DMA
RSI (14)
39
WEAK
VCP Setup
COOL
Score: 1/9
Volume
411K
+2045% vs avg
From Entry
+7.4%
$8.50
Fundamental Horsepower
EPS Qtr YoY
+7%
Accelerating
EPS 3Y CAGR
-35%
Annual Earnings
Revenue Qtr
-8%
DECLINING
F-Score
5/9
Piotroski Quality
ROE
26%
Return on Equity
EPS Rank
39/99
Percentile
Trade Plan
Stalled BreakoutBreakout Date2024-11-05437 days ago
Entry Was$8.50Breakout price
Gain Since+7%From entry
Reclaim$8.2121 EMA support
If/Then Playbook
IF: RS Rating improves to >80
THEN: Re-evaluate for WATCHLIST
IF: Price closes below 200 DMA
THEN: Remove from radar entirely
IF: EPS growth accelerates to >40% next quarter
THEN: Reassess as potential turnaround
Key Price Levels
Resistance
- 52W High$16.49+80.6%
Current$9.13
Support
- 200 DMA$9.13-0.0%
- 50 DMA$8.83-3.3%
- 20 DMA$8.08-11.5%
More MTEX Analysis
Frequently Asked Questions
Is MTEX stock a buy now?
MTEX is a market laggard (RS 17/99, Top 83%) with weak fundamentals. avoid chasing - protect capital. Smart traders skip this one until the setup improves.
What is the buy point for MTEX?
MTEX broke out at $8.50 14 month(s) ago but has stalled (+7%). Wait for fresh momentum or new base pattern.
What is MTEX's RS Rating?
MTEX has an RS Rating of 17/99, meaning it's in the Top 83% of all stocks for relative price performance over the past 12 months. Minervini recommends RS 80+ for momentum trades.
Important Disclosure: This analysis is for educational and informational purposes only. Technical and fundamental indicators are based on historical data and do not guarantee future performance. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.