MICROBIX BIOSYSTEMS INC (MBX.CA) Stock Technical Analysis
TSX:MBX - Toronto Stock Exchange - CA59501P1045 - Common Stock - Currency: CAD
We assign a technical rating of 0 out of 10 to MBX. MBX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, MBX is a bad performer in the overall market: 84% of all stocks are doing better.
MBX is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month MBX has a been trading in the 0.29 - 0.35 range, which is quite wide. It is currently trading near the lows of this range.
MBX is part of the Biotechnology industry. There are 25 other stocks in this industry, MBX did better than 50% of them.
Although the technical rating is bad, MBX does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 0.30. Right above this resistance zone may be a good entry point.
More info and screens
0.30
0.32
We can see 2 important resistance areas.
- A resistance zone ranging from 0.30 to 0.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.32 to 0.32. This zone is formed by a combination of multiple trend lines and important moving averages 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 MBX.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MBX.CA is down. |
| ChartMill Relative Strength | 16.71 | NEGATIVE | MBX.CA has a low relative strength, it was outperformed by 83.29% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MBX.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MBX.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MBX.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.34 | NEUTRAL | The RSI value for MBX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests MBX.CA has a positive trend. |
| Stochastics (14,3) | 26.67 | NEUTRAL | The Stochastics value for MBX.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.42 | MEDIUM VOLATILITY | The ATR as a percentage value for MBX.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 28.12 | POSITIVE | The high ADX value value for MBX.CA suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
TSX:MBX (6/23/2025, 7:00:00 PM)
0.3
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0%
1 Week-1.64%
2 Weeks-1.64%
1 Month-11.76%
3 Month-26.83%
6 Month-26.83%
12 Month0%
2 Year-23.08%
3 Year-40%
5 Year-9.09%
10 Year-34.78%
15 Year-9.09%
Volatility
ATR(14)0.01
ATR(20)%4.42%
ATR Inc-26.32%
Range Today0.01
ADR(20)0.01
ADR(20)%4.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.71
Mansfield-2.09
10 Day High0.31
10 Day Low0.29
20 Day High0.36
20 Day Low0.29
52 Week High0.55
52 Week Low0.29
CS1 EndN/A
CR1 Start0.3
Volume & EV
DER(3)0%
DER(5)0%
Volume144.65K
Volume Incr-19%
Vol(5)68.77K
Vol(50)80.78K