23ANDME HOLDING CO -CLASS A (ME) Stock Technical Analysis
NASDAQ:ME - Nasdaq - US90138Q3065 - Common Stock - Currency: USD
Taking everything into account, ME scores 0 out of 10 in our technical rating. ME scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
100% of all other stocks performed better in the past year than ME.
ME is one of the lesser performing stocks in the Health Care Providers & Services industry. 92% of 102 stocks in the same industry do better.
ME is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so ME is lagging the market.
In the last month ME has a been trading in the 0.53 - 2.07 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.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
ME has an average volume of 4747330 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of ME 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
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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 ME is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ME is down. |
| ChartMill Relative Strength | 0.81 | NEGATIVE | ME has a low relative strength, it was outperformed by 99.19% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ME is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ME is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ME is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 25.93 | OVERSOLD | The low RSI value suggests ME may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests ME has a negative trend. |
| Stochastics (14,3) | 6.86 | OVERSOLD | The low Stochastics value suggests ME may be oversold. |
| Average True Range in percent/ATR (20) | 47.51 | HIGH VOLATILITY | The high ATR as a percentage value for ME suggests high volalility. |
| Average Directional Index/ADX (14) | 24.94 | NEUTRAL | The ADX value for ME suggests a possible start of a new 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)
0.6063
-0.16 (-21.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg-21.26%
1 Week-66.13%
2 Weeks-68.42%
1 Month-72.44%
3 Month-81.63%
6 Month-89.69%
12 Month-94.3%
2 Year-98.67%
3 Year-99.21%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.3
ATR(20)%47.51%
ATR Inc188.44%
Range Today0.5
ADR(20)0.21
ADR(20)%35.29%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.81
Mansfield-8.98
10 Day High2.07
10 Day Low0.53
20 Day High2.07
20 Day Low0.53
52 Week High12.76
52 Week Low0.53
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-3.5%
DER(5)-7.47%
Volume29.75M
Volume Incr10540.59%
Vol(5)44.66M
Vol(50)4.75M