MANY BRIGHT IDEAS TECHNOLOGI (MBI-H.CA) Stock Technical Analysis
TSX-V:MBI-H • CA5650851077
Taking everything into account, MBI-H scores 0 out of 10 in our technical rating. MBI-H's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, MBI-H is a bad performer in the overall market: 98% of all stocks are doing better.
- MBI-H is part of the Biotechnology industry. There are 24 other stocks in this industry, of which 78% are performing better than MBI-H.
- MBI-H is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month MBI-H has a been trading in the 0.01 - 0.04 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Warning: MBI-H has an average volume of 12054 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Considerably lower volume is observed in the last couple of days.
The technical rating of MBI-H is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.01
We can see 3 important resistance areas.
- A resistance zone ranging from 0.01 to 0.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 0.02 to 0.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.03 from a trend line in the weekly time frame.
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 | DOWN | NEGATIVE | The long term trend for MBI-H.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MBI-H.CA is down. |
| ChartMill Relative Strength | 2.31 | NEGATIVE | MBI-H.CA has a low relative strength, it was outperformed by 97.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MBI-H.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MBI-H.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MBI-H.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.85 | NEUTRAL | The RSI value for MBI-H.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests MBI-H.CA has a negative trend. |
| Average True Range in percent/ATR (20) | 23.33 | HIGH VOLATILITY | The high ATR as a percentage value for MBI-H.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 8.27 | NEGATIVE | The low ADX value for MBI-H.CA suggests a weak or negative trend. |
TSX-V:MBI-H (2/5/2026, 7:00:00 PM)
0.015
-0.01 (-25%)
MANY BRIGHT IDEAS TECHNOLOGI / MBI-H.CA FAQ
Can you provide the ChartMill technical rating for MANY BRIGHT IDEAS TECHNOLOGI?
ChartMill assigns a technical rating of 0 / 10 to MBI-H.CA.
Can you provide the trend direction for MANY BRIGHT IDEAS TECHNOLOGI?
The current trend direction for MANY BRIGHT IDEAS TECHNOLOGI (MBI-H.CA) is Bearish.
What is the RSI signal for MBI-H stock?
MANY BRIGHT IDEAS TECHNOLOGI (MBI-H.CA) has an RSI value of 38.8487. This indicates that the stock is currently neutral.
Can you provide the short term momentum for MANY BRIGHT IDEAS TECHNOLOGI?
The short term momentum for MANY BRIGHT IDEAS TECHNOLOGI (MBI-H.CA) is negative.
What is the buy/sell signal for MANY BRIGHT IDEAS TECHNOLOGI (MBI-H.CA) stock?
The buy/sell signal for MANY BRIGHT IDEAS TECHNOLOGI (MBI-H.CA) is sell as both the short term and long term trends are negative.