We assign a technical rating of 4 out of 10 to MBOT. Although MBOT is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
MBOT has an average technical rating and it also does not offer a high 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.
1.75
We found 4 important support 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 MBOT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MBOT is down. |
| ChartMill Relative Strength | 91.3 | POSITIVE | MBOT has a high relative strength, it outperformed 91.3% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of MBOT is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MBOT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of MBOT is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 42.25 | NEUTRAL | The RSI value for MBOT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests MBOT has a negative trend. |
| Stochastics (14,3) | 15.88 | OVERSOLD | The low Stochastics value suggests MBOT may be oversold. |
| Average True Range in percent/ATR (20) | 8.61 | HIGH VOLATILITY | The high ATR as a percentage value for MBOT suggests high volalility. |
| Average Directional Index/ADX (14) | 18.84 | NEGATIVE | The low ADX value for MBOT suggests a weak or negative trend. |
2.07
+0.03 (+1.47%)
ChartMill assigns a technical rating of 4 / 10 to MBOT.
The current trend direction for MICROBOT MEDICAL INC (MBOT) is Bearish.
MICROBOT MEDICAL INC (MBOT) has an RSI value of 42.2474. This indicates that the stock is currently neutral.
The MACD indicator for MICROBOT MEDICAL INC (MBOT) has a value of -0.0159418, indicating a bearish trend.
The buy/sell signal for MICROBOT MEDICAL INC (MBOT) is sell as both the short term and long term trends are negative.