MICROBOT MEDICAL INC (MBOT) Stock Technical Analysis
NASDAQ:MBOT - Nasdaq - US59503A2042 - Common Stock - Currency: USD
Overall MBOT gets a technical rating of 10 out of 10. Both in the recent history as in the last year, MBOT has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that MBOT is one of the better performing stocks in the market, outperforming 97% of all stocks.
MBOT is part of the Health Care Equipment & Supplies industry. There are 187 other stocks in this industry. MBOT outperforms 98% of them.
MBOT is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so MBOT is lagging the market slightly.
In the last month MBOT has a been trading in the 2.39 - 3.20 range, which is quite wide. It is currently trading near the high of this range.
MBOT has an average volume of 1700130 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
MBOT has an excellent technical rating, but the quality of the setup is only medium 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
2.13
3.12
When analyzing the support we can see 4 important areas.
- A support zone ranging from 2.60 to 2.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 2.48 to 2.51. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @2.39 from a horizontal line in the daily time frame.
- Support @2.15 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 | 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 | 97.38 | POSITIVE | MBOT has a high relative strength, it outperformed 97.38% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MBOT is above the rising 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) | UP | POSITIVE | The current price of MBOT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.89 | NEUTRAL | The RSI value for MBOT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests MBOT has a positive trend. |
| Stochastics (14,3) | 69.23 | NEUTRAL | The Stochastics value for MBOT is a neutral value. |
| Average True Range in percent/ATR (20) | 6.91 | HIGH VOLATILITY | The high ATR as a percentage value for MBOT suggests high volalility. |
| Average Directional Index/ADX (14) | 30.95 | POSITIVE | The high ADX value value for MBOT suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
3.09
+0.17 (+5.82%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg5.82%
1 Week21.18%
2 Weeks4.04%
1 Month17.94%
3 Month22.62%
6 Month21.18%
12 Month221.88%
2 Year41.1%
3 Year-38.89%
5 Year-54.02%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.24
ATR(20)%6.91%
ATR Inc-38.16%
Range Today0.19
ADR(20)0.21
ADR(20)%6.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.38
Mansfield6.37
10 Day High3.2
10 Day Low2.42
20 Day High3.2
20 Day Low2.39
52 Week High3.38
52 Week Low0.82
CS1 End2.62
CR1 StartN/A
Volume & EV
DER(3)3.8%
DER(5)-1.5%
Volume1.95M
Volume Incr-20.65%
Vol(5)1.68M
Vol(50)1.70M