Overall MDB gets a technical rating of 5 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
MDB has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
230.19
We found 3 important support areas.
When analyzing the resistance we notice 2 important areas.
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 | DOWN | NEGATIVE | The short term trend for MDB is down. |
| ChartMill Relative Strength | 87.86 | POSITIVE | MDB has a high relative strength, it outperformed 87.86% off all stocks 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) | DOWN | NEGATIVE | The current price of MDB is below a declining 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) | 38.45 | NEUTRAL | The RSI value for MDB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -5.54 | NEGATIVE | The MACD value suggests MDB has a negative trend. |
| Stochastics (14,3) | 10.95 | OVERSOLD | The low Stochastics value suggests MDB may be oversold. |
| Average True Range in percent/ATR (20) | 5.19 | HIGH VOLATILITY | The high ATR as a percentage value for MDB suggests high volalility. |
| Average Directional Index/ADX (14) | 17.64 | NEGATIVE | The low ADX value for MDB suggests a weak or negative trend. |
321.18
-7.91 (-2.4%)
ChartMill assigns a technical rating of 5 / 10 to MDB.
The current trend direction for MONGODB INC (MDB) is Bullish.
MONGODB INC (MDB) has an RSI value of 38.4481. This indicates that the stock is currently neutral.
The short term momentum for MONGODB INC (MDB) is negative.
The buy/sell signal for MONGODB INC (MDB) is hold as the short term and long term trends are mixed.