Marrone Bio Innovations Inc (MBII) Stock Technical Analysis
NASDAQ:MBII • US57165B1061
We assign a technical rating of 0 out of 10 to MBII. MBII scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- 80% of all other stocks performed better in the past year than MBII.
- MBII is one of the lesser performing stocks in the Chemicals industry. 84% of 83 stocks in the same industry do better.
- In the last month MBII has a been trading in the 0.75 - 1.16 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.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- MBII is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MBII is lagging the market.
The technical rating of MBII 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
0.79
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 1.07 to 1.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 1.13 to 1.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for MBII is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MBII is down. |
| ChartMill Relative Strength | 20.12 | NEGATIVE | MBII has a low relative strength, it was outperformed by 79.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MBII is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MBII is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MBII is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 32.81 | NEUTRAL | The RSI value for MBII is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests MBII has a negative trend. |
| Stochastics (14,3) | 29.07 | NEUTRAL | The Stochastics value for MBII is a neutral value. |
| Average True Range in percent/ATR (20) | 11.33 | HIGH VOLATILITY | The high ATR as a percentage value for MBII suggests high volalility. |
0.7981
-0.2 (-20.19%)
Marrone Bio Innovations Inc / MBII FAQ
What is the technical rating for MBII stock?
ChartMill assigns a technical rating of 0 / 10 to MBII.
What is the current trend direction of Marrone Bio Innovations Inc (MBII) stock?
The current trend direction for Marrone Bio Innovations Inc (MBII) is Bearish.
What is the RSI signal for Marrone Bio Innovations Inc (MBII) stock?
Marrone Bio Innovations Inc (MBII) has an RSI value of 32.8099. This indicates that the stock is currently neutral.
What is the MACD signal for MBII stock?
The MACD indicator for Marrone Bio Innovations Inc (MBII) has a value of -0.0167048, indicating a bearish trend.
What is the short term momentum for Marrone Bio Innovations Inc (MBII) stock?
The short term momentum for Marrone Bio Innovations Inc (MBII) is negative.