MBX BIOSCIENCES INC (MBX) Technical Analysis
NASDAQ:MBX • US55287L1017
Current stock price
MBX Technical Rating and Analysis
We assign a technical rating of 5 out of 10 to MBX. Although MBX is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Looking at the yearly performance, MBX did better than 92% 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 one of the better performing stocks in the Pharmaceuticals industry, it outperforms 83% of 191 stocks in the same industry.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- 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.
- In the last month MBX has a been trading in the 27.56 - 35.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
MBX Weekly and Daily overview Charts
MBX Setup Rating and Analysis
MBX has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. 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
15.13
When analyzing the support we can see 2 important areas.
- A support zone ranging from 27.63 to 28.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @15.28 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 31.15 to 32.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 33.78 to 33.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for MBX is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MBX is neutral. |
| ChartMill Relative Strength | 92.34 | POSITIVE | MBX has a high relative strength, it outperformed 92.34% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MBX is below a declining 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) | 43.37 | NEUTRAL | The RSI value for MBX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.41 | NEGATIVE | The MACD value suggests MBX has a negative trend. |
| Stochastics (14,3) | 26.57 | NEUTRAL | The Stochastics value for MBX is a neutral value. |
| Average True Range in percent/ATR (20) | 7.35 | HIGH VOLATILITY | The high ATR as a percentage value for MBX suggests high volalility. |
| Average Directional Index/ADX (14) | 15.84 | NEGATIVE | The low ADX value for MBX suggests a weak or negative trend. |
MBX Chart- and CandleStick Pattern Analysis
MBX Technicals: Chart, Performance Metrics, Trend & Indicators
29.78
-0.44 (-1.46%)
MBX BIOSCIENCES INC / MBX TA FAQ
What is the ChartMill technical rating of MBX BIOSCIENCES INC (MBX) stock?
ChartMill assigns a technical rating of 5 / 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 Bearish.
What is the RSI signal for MBX BIOSCIENCES INC (MBX) stock?
MBX BIOSCIENCES INC (MBX) has an RSI value of 43.3713. 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.