MOLECULIN BIOTECH INC (MBRX) Stock Technical Analysis
USA - NASDAQ:MBRX - US60855D3098 - Common Stock
Overall MBRX gets a technical rating of 2 out of 10. In the past year, MBRX was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
Although the technical rating is bad, MBRX does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 0.44, a Stop Loss order could be placed below this zone.
More info and screens
0.43
2 important support areas can be observed.
- A support zone ranging from 0.44 to 0.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.43 from a trend line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 0.50 to 0.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.51 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 0.52 to 0.52. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @0.53 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 MBRX is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MBRX is neutral. |
| ChartMill Relative Strength | 2.47 | NEGATIVE | MBRX has a low relative strength, it was outperformed by 97.53% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of MBRX is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MBRX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MBRX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.3 | NEUTRAL | The RSI value for MBRX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests MBRX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 23.08 | NEUTRAL | The Stochastics value for MBRX is a neutral value. |
| Average True Range in percent/ATR (20) | 10.81 | HIGH VOLATILITY | The high ATR as a percentage value for MBRX suggests high volalility. |
| Average Directional Index/ADX (14) | 18.99 | NEGATIVE | The low ADX value for MBRX suggests a weak or negative trend. |
0.483
-0.01 (-1.23%)
MOLECULIN BIOTECH INC / MBRX FAQ
What is the technical rating for MBRX stock?
ChartMill assigns a technical rating of 2 / 10 to MBRX.
What is the current trend direction of MOLECULIN BIOTECH INC (MBRX) stock?
The current trend direction for MOLECULIN BIOTECH INC (MBRX) is Bearish.
What is the RSI signal for MBRX stock?
MOLECULIN BIOTECH INC (MBRX) has an RSI value of 50.2988. This indicates that the stock is currently neutral.
Can you provide the MACD signal for MOLECULIN BIOTECH INC?
The MACD indicator for MOLECULIN BIOTECH INC (MBRX) has a value of -0.000882469, indicating a bearish trend.