We assign a technical rating of 10 out of 10 to MDB. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, MDB is showing a nice and steady performance.
Besides having an excellent technical rating, MDB also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
310.67
When analyzing the support we can see 4 important areas.
We found 1 important resistance area.
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 MDB is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MDB is up. |
| ChartMill Relative Strength | 93.64 | POSITIVE | MDB has a high relative strength, it outperformed 93.64% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MDB is above the rising 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) | UP | POSITIVE | The current price of MDB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 68.27 | NEUTRAL | The RSI value for MDB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.75 | POSITIVE | The MACD value suggests MDB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.12 | OVERBOUGHT | The high Stochastics value suggests MDB may be overbought. |
| Average True Range in percent/ATR (20) | 4.01 | MEDIUM VOLATILITY | The ATR as a percentage value for MDB suggests some volalility. |
| Average Directional Index/ADX (14) | 33.73 | POSITIVE | The high ADX value value for MDB suggests a strong trend. |
430.64
+5.44 (+1.28%)
ChartMill assigns a technical rating of 10 / 10 to MDB.
The current trend direction for MONGODB INC (MDB) is Bullish.
MONGODB INC (MDB) has an RSI value of 68.2675. This indicates that the stock is currently neutral.
The short term momentum for MONGODB INC (MDB) is positive.
The buy/sell signal for MONGODB INC (MDB) is buy as both the short term and long term trends are positive.