MICROBOT MEDICAL INC (MBOT) Technical Analysis
NASDAQ:MBOT • US59503A2042
Current stock price
MBOT Technical Rating and Analysis
We assign a technical rating of 9 out of 10 to MBOT. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, MBOT is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, MBOT did better than 90% of all other stocks.
- MBOT is one of the better performing stocks in the Health Care Equipment & Supplies industry, it outperforms 95% of 189 stocks in the same industry.
- MBOT has an average volume of 2142080 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- MBOT is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MBOT is lagging the market slightly.
- In the last month MBOT has a been trading in the 2.26 - 2.85 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
MBOT Weekly and Daily overview Charts
MBOT Setup Rating and Analysis
Besides having an excellent technical rating, MBOT also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 2.70. Right above this resistance zone may be a good entry point.
More info and screens
MBOT Support and Resistance Analysis
1.83
2 important support areas can be observed.
- A support zone ranging from 2.49 to 2.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.85 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 2.70 to 2.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
MBOT 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 MBOT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MBOT is up. |
| ChartMill Relative Strength | 90.77 | POSITIVE | MBOT has a high relative strength, it outperformed 90.77% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MBOT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MBOT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MBOT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.55 | NEUTRAL | The RSI value for MBOT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests MBOT has a negative trend. |
| Stochastics (14,3) | 38.86 | NEUTRAL | The Stochastics value for MBOT is a neutral value. |
| Average True Range in percent/ATR (20) | 6.62 | HIGH VOLATILITY | The high ATR as a percentage value for MBOT suggests high volalility. |
| Average Directional Index/ADX (14) | 32.95 | POSITIVE | The high ADX value value for MBOT suggests a strong trend. |
MBOT Chart- and CandleStick Pattern Analysis
MBOT Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 2.75 | 2.48 | 0.27 (9.82%) | 10.19% |
| An entry @2.75. This is a Buy Stop order right above the resistance zone. | An exit @2.48. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.27 points, which is 9.82%. | When investing 10.19% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
MBOT Technicals: Chart, Performance Metrics, Trend & Indicators
2.53
+0.03 (+1.2%)
MICROBOT MEDICAL INC / MBOT TA FAQ
What is the ChartMill technical rating of MICROBOT MEDICAL INC (MBOT) stock?
ChartMill assigns a technical rating of 9 / 10 to MBOT.
Can you provide the trend direction for MICROBOT MEDICAL INC?
The current trend direction for MICROBOT MEDICAL INC (MBOT) is Bullish.
What is the RSI signal for MICROBOT MEDICAL INC (MBOT) stock?
MICROBOT MEDICAL INC (MBOT) has an RSI value of 53.5518. This indicates that the stock is currently neutral.
What is the short term momentum for MICROBOT MEDICAL INC (MBOT) stock?
The short term momentum for MICROBOT MEDICAL INC (MBOT) is positive.
What is the buy/sell signal for MBOT stock?
The buy/sell signal for MICROBOT MEDICAL INC (MBOT) is buy as both the short term and long term trends are positive.