Taking everything into account, MBOT scores 7 out of 10 in our technical rating. In the past year, MBOT was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
Although MBOT has an excellent technical rating, the quality of the presented setup is not ideal 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.
1.74
We found 3 important support areas.
2 important resistance areas can be observed.
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 | NEUTRAL | NEUTRAL | The long term trend for MBOT is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MBOT is up. |
| ChartMill Relative Strength | 93.15 | POSITIVE | MBOT has a high relative strength, it outperformed 93.15% 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) | DOWN | MIXED | The current price of MBOT is above 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) | 54.57 | NEUTRAL | The RSI value for MBOT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests MBOT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 79.93 | NEUTRAL | The Stochastics value for MBOT is a neutral value. |
| Average True Range in percent/ATR (20) | 6.96 | HIGH VOLATILITY | The high ATR as a percentage value for MBOT suggests high volalility. |
| Average Directional Index/ADX (14) | 23.04 | NEUTRAL | The ADX value for MBOT suggests a possible start of a new trend. |
2.41
+0.03 (+1.26%)
ChartMill assigns a technical rating of 7 / 10 to MBOT.
The current trend direction for MICROBOT MEDICAL INC (MBOT) is Bearish.
MICROBOT MEDICAL INC (MBOT) has an RSI value of 54.5688. This indicates that the stock is currently neutral.
The MACD indicator for MICROBOT MEDICAL INC (MBOT) has a value of 0.0471754, indicating a bearish trend.