MOLECULIN BIOTECH INC (MBRX) Stock Technical Analysis
NASDAQ:MBRX • US60855D4088
Overall MBRX gets a technical rating of 1 out of 10. MBRX'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.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- 99% of all other stocks performed better in the past year than MBRX.
- MBRX is one of the lesser performing stocks in the Biotechnology industry. 89% of 521 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. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- 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 3.85 - 5.15 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, MBRX does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
3.86
When analyzing the support we can see 2 important areas.
- Support @4.08 from a trend line in the daily time frame.
- Support @3.90 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- Resistance @4.69 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 4.77 to 4.78. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @5.61 from a trend 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 | 1.73 | NEGATIVE | MBRX has a low relative strength, it was outperformed by 98.27% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MBRX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of MBRX is above 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) | 53.48 | NEUTRAL | The RSI value for MBRX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests MBRX has a positive trend. |
| Stochastics (14,3) | 61.41 | NEUTRAL | The Stochastics value for MBRX is a neutral value. |
| Average True Range in percent/ATR (20) | 7.54 | HIGH VOLATILITY | The high ATR as a percentage value for MBRX suggests high volalility. |
| Average Directional Index/ADX (14) | 12.32 | NEGATIVE | The low ADX value for MBRX suggests a weak or negative trend. |
4.56
+0.22 (+5.07%)
MOLECULIN BIOTECH INC / MBRX FAQ
Can you provide the ChartMill technical rating for MOLECULIN BIOTECH INC?
ChartMill assigns a technical rating of 1 / 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 53.4764. 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 0.0739555, indicating a bearish trend.
Can you provide the support and resistance levels for MOLECULIN BIOTECH INC?
MOLECULIN BIOTECH INC (MBRX) has a support level at 4.08 and a resistance level at 4.69. Check the full technical report for our detailed analysis of MBRX support and resistance levels.