CHECK CAP LTD (MBAI) Technical Analysis
NASDAQ:MBAI • IL0011336851
Current stock price
MBAI Technical Rating and Analysis
We assign a technical rating of 4 out of 10 to MBAI. In the last year, MBAI was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
- 100% of all other stocks performed better in the past year than MBAI.
- MBAI is part of the Health Care Equipment & Supplies industry. There are 188 other stocks in this industry, of which 90% are performing better than MBAI.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- In the last month MBAI has a been trading in the 1.48 - 2.19 range, which is quite wide. It is currently trading near the high of this range.
- MBAI has an average volume of 3082260 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
MBAI Weekly and Daily overview Charts
MBAI Setup Rating and Analysis
MBAI has an average technical rating and the quality of the presented setup is also not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
MBAI Support and Resistance Analysis
1.44
When analyzing the support we can see 4 important areas.
- Support @1.62 from a horizontal line in the weekly time frame.
- A support zone ranging from 1.56 to 1.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.49 from a horizontal line in the daily time frame.
- Support @1.45 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @1.85 from a horizontal line in the weekly time frame.
- Resistance @1.92 from a horizontal line in the daily time frame.
MBAI Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for MBAI is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MBAI is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | MBAI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MBAI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MBAI is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 56.26 | NEUTRAL | The RSI value for MBAI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests MBAI has a positive trend. |
| Stochastics (14,3) | 56.83 | NEUTRAL | The Stochastics value for MBAI is a neutral value. |
| Average True Range in percent/ATR (20) | 8.71 | HIGH VOLATILITY | The high ATR as a percentage value for MBAI suggests high volalility. |
| Average Directional Index/ADX (14) | 23.15 | NEUTRAL | The ADX value for MBAI suggests a possible start of a new trend. |
MBAI Chart- and CandleStick Pattern Analysis
MBAI Technicals: Chart, Performance Metrics, Trend & Indicators
1.82
+0.02 (+1.11%)
CHECK CAP LTD / MBAI TA FAQ
What is the technical rating for MBAI stock?
ChartMill assigns a technical rating of 4 / 10 to MBAI.
What is the trend direction for MBAI stock?
The current trend direction for CHECK CAP LTD (MBAI) is Bullish.
What is the RSI signal for CHECK CAP LTD (MBAI) stock?
CHECK CAP LTD (MBAI) has an RSI value of 56.2632. This indicates that the stock is currently neutral.
What is the MACD signal for CHECK CAP LTD (MBAI) stock?
The MACD indicator for CHECK CAP LTD (MBAI) has a value of 0.0105268, indicating a bearish trend.
Can you provide the support and resistance levels for CHECK CAP LTD?
CHECK CAP LTD (MBAI) has a support level at 1.62 and a resistance level at 1.85. Check the full technical report for our detailed analysis of MBAI support and resistance levels.