MOBILEYE GLOBAL INC-A (MBLY) Stock Technical Analysis
NASDAQ:MBLY • US60741F1049
Taking everything into account, MBLY scores 0 out of 10 in our technical rating. MBLY scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- 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, MBLY is a bad performer in the overall market: 90% of all stocks are doing better.
- MBLY is one of the lesser performing stocks in the Automobile Components industry. 78% of 42 stocks in the same industry do better.
- MBLY is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- MBLY has an average volume of 8624430 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month MBLY has a been trading in the 8.32 - 11.19 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of MBLY is bad and it also does not present a quality setup 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
9.53
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 9.64 to 9.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @11.00 from a trend line in the daily time frame.
- A resistance zone ranging from 11.88 to 11.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @15.86 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 MBLY is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MBLY is down. |
| ChartMill Relative Strength | 10.07 | NEGATIVE | MBLY has a low relative strength, it was outperformed by 89.93% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MBLY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MBLY is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MBLY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.26 | NEUTRAL | The RSI value for MBLY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests MBLY has a positive trend. |
| Stochastics (14,3) | 43.31 | NEUTRAL | The Stochastics value for MBLY is a neutral value. |
| Average True Range in percent/ATR (20) | 5.37 | HIGH VOLATILITY | The high ATR as a percentage value for MBLY suggests high volalility. |
| Average Directional Index/ADX (14) | 25.7 | POSITIVE | The high ADX value value for MBLY suggests a strong trend. |
9.63
+0.23 (+2.45%)
MOBILEYE GLOBAL INC-A / MBLY FAQ
What is the technical rating for MBLY stock?
ChartMill assigns a technical rating of 0 / 10 to MBLY.
What is the trend direction for MBLY stock?
The current trend direction for MOBILEYE GLOBAL INC-A (MBLY) is Bearish.
Can you provide the RSI signal for MOBILEYE GLOBAL INC-A?
MOBILEYE GLOBAL INC-A (MBLY) has an RSI value of 47.2629. This indicates that the stock is currently neutral.
Can you provide the MACD signal for MOBILEYE GLOBAL INC-A?
The MACD indicator for MOBILEYE GLOBAL INC-A (MBLY) has a value of 0.0348012, indicating a bearish trend.
What is the short term momentum for MOBILEYE GLOBAL INC-A (MBLY) stock?
The short term momentum for MOBILEYE GLOBAL INC-A (MBLY) is negative.