MOLECULIN BIOTECH INC (MBRX) Technical Analysis
NASDAQ:MBRX • US60855D4088
Current stock price
MBRX Technical Rating and Analysis
Taking everything into account, MBRX scores 0 out of 10 in our technical rating. MBRX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- 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, MBRX is a bad performer in the overall market: 98% of all stocks are doing better.
- MBRX is one of the lesser performing stocks in the Biotechnology industry. 86% of 519 stocks in the same industry do better.
- MBRX is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so MBRX is lagging the market.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- In the last month MBRX has a been trading in the 1.79 - 2.62 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
MBRX Weekly and Daily overview Charts
MBRX Setup Rating and Analysis
The technical rating of MBRX is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
MBRX Support and Resistance Analysis
2.47
3 important resistance areas can be observed.
- Resistance @2.91 from a trend line in the daily time frame.
- Resistance @3.36 from a trend line in the daily time frame.
- Resistance @4.77 from a horizontal line in the daily time frame.
MBRX Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The short term trend for MBRX is down. |
| ChartMill Relative Strength | 2.85 | NEGATIVE | MBRX has a low relative strength, it was outperformed by 97.15% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of MBRX is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MBRX is below a declining 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) | 48.33 | NEUTRAL | The RSI value for MBRX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests MBRX has a positive trend. |
| Stochastics (14,3) | 77.23 | NEUTRAL | The Stochastics value for MBRX is a neutral value. |
| Average True Range in percent/ATR (20) | 6.18 | HIGH VOLATILITY | The high ATR as a percentage value for MBRX suggests high volalility. |
| Average Directional Index/ADX (14) | 28.14 | POSITIVE | The high ADX value value for MBRX suggests a strong trend. |
MBRX Chart- and CandleStick Pattern Analysis
MBRX Technicals: Chart, Performance Metrics, Trend & Indicators
2.49
+0.24 (+10.67%)
MOLECULIN BIOTECH INC / MBRX TA FAQ
Can you provide the ChartMill technical rating for MOLECULIN BIOTECH INC?
ChartMill assigns a technical rating of 0 / 10 to MBRX.
What is the trend direction for 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 48.3265. This indicates that the stock is currently neutral.
What is the MACD signal for MBRX stock?
The MACD indicator for MOLECULIN BIOTECH INC (MBRX) has a value of 0.114169, indicating a bearish trend.
Can you provide the support and resistance levels for MOLECULIN BIOTECH INC?
MOLECULIN BIOTECH INC (MBRX) has a resistance level at 2.91. Check the full technical report for our detailed analysis of MBRX support and resistance levels.