MBX BIOSCIENCES INC (MBX) Stock Technical Analysis
NASDAQ:MBX - Nasdaq - US55287L1017 - Common Stock - Currency: USD
Taking everything into account, MBX scores 6 out of 10 in our technical rating. MBX has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
MBX has an average technical rating and also the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
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11.73
When analyzing the support we notice one important area.
- A support zone ranging from 11.85 to 12.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We can see 3 important resistance areas.
- Resistance @12.43 from a horizontal line in the weekly time frame.
- Resistance @14.58 from a trend line in the daily time frame.
- Resistance @15.05 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 | UP | POSITIVE | The long term trend for MBX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MBX is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | MBX has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MBX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MBX is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 51.78 | NEUTRAL | The RSI value for MBX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests MBX has a negative trend. |
| Stochastics (14,3) | 70.71 | NEUTRAL | The Stochastics value for MBX is a neutral value. |
| Average True Range in percent/ATR (20) | 8.44 | HIGH VOLATILITY | The high ATR as a percentage value for MBX suggests high volalility. |
| Average Directional Index/ADX (14) | 37.3 | POSITIVE | The high ADX value value for MBX suggests a strong trend. |
NASDAQ:MBX (6/6/2025, 10:15:09 AM)
12.26
+0.4 (+3.37%)