We assign a technical rating of 0 out of 10 to MBOT. MBOT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, MBOT is a bad performer in the overall market: 79% of all stocks are doing better.
- MBOT 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.
- In the last month MBOT has a been trading in the 1.95 - 2.22 range, which is quite wide. It is currently trading near the lows of this range.
- MBOT has an average volume of 2016630 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- MBOT is part of the Health Care Equipment & Supplies industry. There are 186 other stocks in this industry, MBOT did better than 55% of them.
Although the technical rating is bad, MBOT 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.
More info and screens
1.81
We found 1 important support area.
- Support @1.83 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- Resistance @1.98 from a trend line in the weekly time frame.
- A resistance zone ranging from 2.14 to 2.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.20 from a horizontal line in the daily 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 MBOT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MBOT is down. |
| ChartMill Relative Strength | 21.47 | NEGATIVE | MBOT has a low relative strength, it was outperformed by 78.53% 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) | 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) | 40.19 | NEUTRAL | The RSI value for MBOT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests MBOT has a negative trend. |
| Stochastics (14,3) | 20.42 | NEUTRAL | The Stochastics value for MBOT is a neutral value. |
| Average True Range in percent/ATR (20) | 5.15 | HIGH VOLATILITY | The high ATR as a percentage value for MBOT suggests high volalility. |
| Average Directional Index/ADX (14) | 9.52 | NEGATIVE | The low ADX value for MBOT suggests a weak or negative trend. |
1.98
-0.04 (-1.98%)
MICROBOT MEDICAL INC / MBOT FAQ
What is the ChartMill technical rating of MICROBOT MEDICAL INC (MBOT) stock?
ChartMill assigns a technical rating of 0 / 10 to MBOT.
Can you provide the trend direction for MICROBOT MEDICAL INC?
The current trend direction for MICROBOT MEDICAL INC (MBOT) is Bearish.
What is the RSI signal for MICROBOT MEDICAL INC (MBOT) stock?
MICROBOT MEDICAL INC (MBOT) has an RSI value of 40.1949. 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 negative.
What is the buy/sell signal for MBOT stock?
The buy/sell signal for MICROBOT MEDICAL INC (MBOT) is sell as both the short term and long term trends are negative.