MONGODB INC (MDB) Technical Analysis
NASDAQ:MDB • US60937P1066
Current stock price
MDB Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to MDB. MDB has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- In the last month MDB has a been trading in the 229.60 - 338.51 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- MDB is one of the better performing stocks in the IT Services industry, it outperforms 81% of 88 stocks in the same industry.
- MDB has an average volume of 2000430 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, MDB outperforms 67% of them, which is more or less in line with the market.
- MDB is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MDB is lagging the market slightly.
MDB Weekly and Daily overview Charts
MDB Setup Rating and Analysis
The technical rating of MDB is bad and it also does not present a 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.
More info and screens
MDB Support and Resistance Analysis
250.15
We found 1 important support area.
- A support zone ranging from 252.68 to 253.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 273.26 to 277.02. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
MDB 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 | DOWN | NEGATIVE | The long term trend for MDB is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MDB is down. |
| ChartMill Relative Strength | 67.63 | 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) | DOWN | NEGATIVE | The current price of MDB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of MDB is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 35.47 | NEUTRAL | The RSI value for MDB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.57 | POSITIVE | The MACD value suggests MDB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 52.52 | NEUTRAL | The Stochastics value for MDB is a neutral value. |
| Average True Range in percent/ATR (20) | 7.29 | HIGH VOLATILITY | The high ATR as a percentage value for MDB suggests high volalility. |
| Average Directional Index/ADX (14) | 37.26 | POSITIVE | The high ADX value value for MDB suggests a strong trend. |
MDB Chart- and CandleStick Pattern Analysis
MDB Technicals: Chart, Performance Metrics, Trend & Indicators
253.76
-19.49 (-7.13%)
MONGODB INC / MDB TA FAQ
What is the ChartMill technical rating of MONGODB INC (MDB) stock?
ChartMill assigns a technical rating of 1 / 10 to MDB.
What is the current trend direction of MONGODB INC (MDB) stock?
The current trend direction for MONGODB INC (MDB) is Bearish.
What is the RSI signal for MONGODB INC (MDB) stock?
MONGODB INC (MDB) has an RSI value of 35.4712. This indicates that the stock is currently neutral.
What is the MACD signal for MDB stock?
The MACD indicator for MONGODB INC (MDB) has a value of 2.56675, indicating a bullish trend.
What is the support and resistance level for MDB stock?
MONGODB INC (MDB) has a support level at 260.49 and a resistance level at 273.26. Check the full technical report for our detailed analysis of MDB support and resistance levels.