NASDAQ:MBLY • US60741F1049
We assign a technical rating of 0 out of 10 to MBLY. 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.
Although the technical rating is bad, MBLY does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
8.38
When analyzing the resistance we notice 5 important areas.
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 | 8.92 | NEGATIVE | MBLY has a low relative strength, it was outperformed by 91.08% 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) | 35.15 | NEUTRAL | The RSI value for MBLY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests MBLY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 21.56 | NEUTRAL | The Stochastics value for MBLY is a neutral value. |
| Average True Range in percent/ATR (20) | 5 | HIGH VOLATILITY | The high ATR as a percentage value for MBLY suggests high volalility. |
| Average Directional Index/ADX (14) | 27.71 | POSITIVE | The high ADX value value for MBLY suggests a strong trend. |
8.46
-0.29 (-3.31%)
ChartMill assigns a technical rating of 0 / 10 to MBLY.
The current trend direction for MOBILEYE GLOBAL INC-A (MBLY) is Bearish.
MOBILEYE GLOBAL INC-A (MBLY) has an RSI value of 35.1547. This indicates that the stock is currently neutral.
The MACD indicator for MOBILEYE GLOBAL INC-A (MBLY) has a value of 0.00675346, indicating a bearish trend.
The short term momentum for MOBILEYE GLOBAL INC-A (MBLY) is negative.