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.
MBX has an excellent technical rating, but the quality of the setup is only medium at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
18.92
We found 2 important support areas.
- Support @28.43 from a horizontal line in the daily time frame.
- Support @19.11 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 29.87 to 29.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | 97.62 | POSITIVE | MBX has a high relative strength, it outperformed 97.62% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of MBX is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MBX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MBX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.34 | NEUTRAL | The RSI value for MBX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.78 | NEGATIVE | The MACD value suggests MBX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 30.73 | NEUTRAL | The Stochastics value for MBX is a neutral value. |
| Average True Range in percent/ATR (20) | 7.96 | HIGH VOLATILITY | The high ATR as a percentage value for MBX suggests high volalility. |
| Average Directional Index/ADX (14) | 34.65 | POSITIVE | The high ADX value value for MBX suggests a strong trend. |
29.86
+1.43 (+5.03%)
MBX BIOSCIENCES INC / MBX FAQ
What is the ChartMill technical rating of MBX BIOSCIENCES INC (MBX) stock?
ChartMill assigns a technical rating of 9 / 10 to MBX.
Can you provide the trend direction for MBX BIOSCIENCES INC?
The current trend direction for MBX BIOSCIENCES INC (MBX) is Bullish.
What is the RSI signal for MBX stock?
MBX BIOSCIENCES INC (MBX) has an RSI value of 56.3397. This indicates that the stock is currently neutral.
Can you provide the MACD signal for MBX BIOSCIENCES INC?
The MACD indicator for MBX BIOSCIENCES INC (MBX) has a value of -0.777579, indicating a bearish trend.
What is the buy/sell signal for MBX BIOSCIENCES INC (MBX) stock?
The buy/sell signal for MBX BIOSCIENCES INC (MBX) is buy as both the short term and long term trends are positive.