MEI PHARMA INC (MEIP)
US55279B3015 - Common Stock
Taking everything into account, MEIP scores 0 out of 10 in our technical rating. MEIP 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.
92% of all other stocks performed better in the past year than MEIP.
MEIP is one of the lesser performing stocks in the Biotechnology industry. 68% of 588 stocks in the same industry do better.
MEIP is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so MEIP is lagging the market.
In the last month MEIP has a been trading in the 3.03 - 4.11 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.
Warning: MEIP has an average volume of 22156 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Considerably lower volume is observed in the last couple of days.
MEIP has a poor technical rating and the quality of the setup is also only medium 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
3.02
7.69
5 important resistance areas can be observed.
- Resistance @3.16 from a trend line in the daily time frame.
- A resistance zone ranging from 3.36 to 3.38. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @5.21 from a trend line in the weekly time frame.
- Resistance @5.59 from a trend line in the weekly time frame.
- Resistance @7.61 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.54
Mansfield-5.41
10 Day High3.45
10 Day Low3.03
20 Day High4.11
20 Day Low3.03
52 Week High7.97
52 Week Low3.03
Performance
1 Week-6.15%
2 Weeks-6.73%
1 Month-23.75%
3 Month-32.97%
6 Month-55.92%
12 Month-40.08%
2 Year-68.97%
3 Year-95.82%
5 Year-95.14%
10 Year-98.05%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.02
RSI(14)29.91
LBB2.9
UBB3.79
MEI PHARMA INC
NASDAQ:MEIP (4/26/2024, 7:03:08 PM)
3.05
-0.05 (-1.61%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-1.61%
1 Week-6.15%
2 Weeks-6.73%
1 Month-23.75%
3 Month-32.97%
6 Month-55.92%
12 Month-40.08%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.18
ATR(20)%6.31%
ATR Inc
Range Today0.12
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High3.45
10 Day Low3.03
20 Day High4.11
20 Day Low3.03
52 Week High7.97
52 Week Low3.03
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume8.00K
Volume Incr-57.43%
Vol(5)8.70K
Vol(50)22.16K