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MICROBIX BIOSYSTEMS INC (MBX.CA) Stock Technical Analysis

TSX:MBX - Toronto Stock Exchange - CA59501P1045 - Common Stock - Currency: CAD

0.48  -0.01 (-1.03%)

Technical Rating and Analysis

9

Taking everything into account, MBX scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, MBX is showing a nice and steady performance.

The long and short term trends are both positive. This is looking good!
MBX is part of the Biotechnology industry. There are 25 other stocks in this industry. MBX outperforms 83% of them.
MBX is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so MBX is lagging the market slightly.
When comparing the yearly performance of all stocks, we notice that MBX is one of the better performing stocks in the market, outperforming 86% of all stocks. However, this relatively good performance is mostly due to a recent big move.
In the last month MBX has a been trading in the 0.41 - 0.52 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
MICROBIX BIOSYSTEMS INC / MBX Weekly stock chart
MICROBIX BIOSYSTEMS INC / MBX Daily stock chart
Setup Rating and Analysis

6

MBX has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. We notice that large players showed an interest for MBX in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

0.30

0.49

We found 4 important support areas.

  • A support zone ranging from 0.47 to 0.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @0.32 from a horizontal line in the daily time frame.
  • Support @0.31 from a trend line in the weekly time frame.
  • A support zone ranging from 0.30 to 0.30. This zone is formed by a combination of multiple trend lines in multiple time frames.

We found 1 important resistance area.

  • Resistance @0.49 from a trend line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.29
Mansfield2.27
10 Day High0.51
10 Day Low0.47
20 Day High0.52
20 Day Low0.42
52 Week High0.52
52 Week Low0.29
Performance
1 Week0%
2 Weeks1.05%
1 Month14.29%
3 Month52.38%
6 Month39.13%
12 Month17.07%
2 Year33.33%
3 Year-11.11%
5 Year140%
10 Year-9.43%
15 Year14.29%
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)56.07
LBB0.46
UBB0.51
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
0.500.460.04 (9.00%)11.11%
An entry @0.50. This is a Buy Stop order right above the resistance zone.An exit @0.46. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 0.04 points, which is 9.00%.When investing 11.11% of your capital in this trade, your total portfolio risk will be 1.00%.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
MICROBIX BIOSYSTEMS INC / MBX Daily stock chart

MICROBIX BIOSYSTEMS INC

TSX:MBX (2/11/2025, 7:00:00 PM)

0.48

-0.01 (-1.03%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-1.03%
1 Week0%
2 Weeks1.05%
1 Month14.29%
3 Month52.38%
6 Month39.13%
12 Month17.07%
2 Year33.33%
3 Year-11.11%
5 Year140%
10 Year-9.43%
15 Year14.29%
Volatility
ATR(14)0.02
ATR(20)%5.1%
ATR Inc-65.43%
Range Today0
ADR(20)0.02
ADR(20)%4.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.29
Mansfield2.27
10 Day High0.51
10 Day Low0.47
20 Day High0.52
20 Day Low0.42
52 Week High0.52
52 Week Low0.29
CS1 End0.47
CR1 Start0.49
Volume & EV
DER(3)-5.8%
DER(5)10.3%
Volume71.58K
Volume Incr-69.46%
Vol(5)88.96K
Vol(50)173.78K