MONGODB INC (MDB) Stock Technical Analysis
NASDAQ:MDB - US60937P1066 - Common Stock
219.06 USD
+7.1 (+3.35%)
219.5 USD
+0.44 (+0.2%)
Taking everything into account, MDB scores 4 out of 10 in our technical rating. In the last year, MDB was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
MDB has an average volume of 2188160 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When comparing the performance of all stocks over the past year, MDB turns out to be only a medium performer in the overall market: it outperformed 44% of all stocks.
MDB is an average performer in the IT Services industry, it outperforms 54% of 83 stocks in the same industry.
MDB is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MDB is lagging the market.
In the last month MDB has a been trading in the 198.47 - 251.24 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
MDB has an average technical rating and the quality of the presented setup is also not ideal at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
198.98
299.66
3 important support areas can be observed.
- A support zone ranging from 212.83 to 216.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 206.84 to 209.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 200.99 to 201.50. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 5 important resistance areas.
- A resistance zone ranging from 222.22 to 222.43. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @227.71 from a trend line in the weekly time frame.
- Resistance @231.53 from a trend line in the daily time frame.
- A resistance zone ranging from 241.38 to 244.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @296.69 from a trend line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for MDB is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MDB is neutral. |
| ChartMill Relative Strength | 44.44 | NEUTRAL | MDB is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MDB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MDB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MDB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.65 | NEUTRAL | The RSI value for MDB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.88 | NEGATIVE | The MACD value suggests MDB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 36.35 | NEUTRAL | The Stochastics value for MDB is a neutral value. |
| Average True Range in percent/ATR (20) | 5.23 | HIGH VOLATILITY | The high ATR as a percentage value for MDB suggests high volalility. |
| Average Directional Index/ADX (14) | 19.85 | NEGATIVE | The low ADX value for MDB suggests a weak or negative trend. |
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)
219.06
+7.1 (+3.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryIT Services
Performance
% Chg3.35%
1 Week0.37%
2 Weeks4.72%
1 Month-9.24%
3 Month17.87%
6 Month-19.83%
12 Month-11.53%
2 Year-42.55%
3 Year-32.15%
5 Year-6.3%
10 YearN/A
15 YearN/A
Volatility
ATR(14)11.53
ATR(20)%5.23%
ATR Inc-25.59%
Range Today11.35
ADR(20)10.59
ADR(20)%4.83%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS44.44
Mansfield-1.61
10 Day High231.55
10 Day Low198.47
20 Day High251.24
20 Day Low198.47
52 Week High370
52 Week Low140.78
CS1 End216.07
CR1 Start222.22
Volume & EV
DER(3)-0.3%
DER(5)-1.34%
Volume1.80M
Volume Incr-18.44%
Vol(5)1.97M
Vol(50)2.19M