MBX BIOSCIENCES INC (MBX) Technical Analysis
NASDAQ:MBX • US55287L1017
Current stock price
MBX Technical Rating and Analysis
We assign a technical rating of 7 out of 10 to MBX. In the last year, MBX was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- Looking at the yearly performance, MBX did better than 97% of all other stocks. We also observe that the gains produced by MBX over the past year are nicely spread over this period.
- MBX is part of the Pharmaceuticals industry. There are 193 other stocks in this industry. MBX outperforms 94% of them.
- In the last month MBX has a been trading in the 26.14 - 33.80 range, which is quite wide. It is currently trading near the high of this range.
- MBX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MBX is lagging the market.
MBX Weekly and Daily overview Charts
MBX Setup Rating and Analysis
Besides having an excellent technical rating, MBX also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 32.86. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 28.00, a Stop Loss order could be placed below this zone.
More info and screens
MBX Support and Resistance Analysis
26.65
2 important support areas can be observed.
- A support zone ranging from 27.70 to 28.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @26.92 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 32.86 to 33.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @35.22 from a trend line in the daily time frame.
MBX Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The short term trend for MBX is neutral. |
| ChartMill Relative Strength | 97.86 | POSITIVE | MBX has a high relative strength, it outperformed 97.86% 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) | DOWN | NEGATIVE | The current price of MBX is below a declining 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) | 50.37 | NEUTRAL | The RSI value for MBX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.54 | POSITIVE | The MACD value suggests MBX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 75.12 | NEUTRAL | The Stochastics value for MBX is a neutral value. |
| Average True Range in percent/ATR (20) | 7.12 | HIGH VOLATILITY | The high ATR as a percentage value for MBX suggests high volalility. |
| Average Directional Index/ADX (14) | 18.99 | NEGATIVE | The low ADX value for MBX suggests a weak or negative trend. |
MBX Chart- and CandleStick Pattern Analysis
MBX 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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 33.01 | 27.69 | 5.32 (16.12%) | 6.20% |
| An entry @33.01. This is a Buy Stop order right above the resistance zone. | An exit @27.69. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 5.32 points, which is 16.12%. | When investing 6.20% 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.
MBX Technicals: Chart, Performance Metrics, Trend & Indicators
31
-1.86 (-5.66%)
MBX BIOSCIENCES INC / MBX TA FAQ
What is the ChartMill technical rating of MBX BIOSCIENCES INC (MBX) stock?
ChartMill assigns a technical rating of 7 / 10 to MBX.
What is the current trend direction of MBX BIOSCIENCES INC (MBX) stock?
The current trend direction for MBX BIOSCIENCES INC (MBX) is Bullish.
What is the RSI signal for MBX BIOSCIENCES INC (MBX) stock?
MBX BIOSCIENCES INC (MBX) has an RSI value of 50.365. This indicates that the stock is currently neutral.
What is the short term momentum for MBX stock?
The short term momentum for MBX BIOSCIENCES INC (MBX) is neutral.