MESOBLAST LTD- SPON ADR (MESO) Stock Technical Analysis
NASDAQ:MESO • US5907174016
We assign a technical rating of 1 out of 10 to MESO. MESO 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.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- When comparing the performance of all stocks over the past year, MESO turns out to be only a medium performer in the overall market: it outperformed 54% of all stocks.
- MESO is part of the Biotechnology industry. There are 521 other stocks in this industry, MESO did better than 57% of them.
- MESO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MESO is lagging the market.
- In the last month MESO has a been trading in the 15.55 - 19.34 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
MESO has a poor technical rating and the quality of the setup is also not perfect 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
14.00
We found 2 important support areas.
- A support zone ranging from 15.78 to 16.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @14.14 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 17.94 to 18.16. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @19.17 from a horizontal line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for MESO is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MESO is down. |
| ChartMill Relative Strength | 54.37 | NEUTRAL | MESO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MESO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MESO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MESO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.14 | NEUTRAL | The RSI value for MESO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests MESO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 33.49 | NEUTRAL | The Stochastics value for MESO is a neutral value. |
| Average True Range in percent/ATR (20) | 4.63 | MEDIUM VOLATILITY | The ATR as a percentage value for MESO suggests some volalility. |
| Average Directional Index/ADX (14) | 11.52 | NEGATIVE | The low ADX value for MESO suggests a weak or negative trend. |
16.85
+0.18 (+1.08%)
MESOBLAST LTD- SPON ADR / MESO FAQ
What is the ChartMill technical rating of MESOBLAST LTD- SPON ADR (MESO) stock?
ChartMill assigns a technical rating of 1 / 10 to MESO.
What is the trend direction for MESO stock?
The current trend direction for MESOBLAST LTD- SPON ADR (MESO) is Bearish.
Can you provide the RSI signal for MESOBLAST LTD- SPON ADR?
MESOBLAST LTD- SPON ADR (MESO) has an RSI value of 45.1389. This indicates that the stock is currently neutral.
What are the support and resistance levels for MESOBLAST LTD- SPON ADR (MESO) stock?
MESOBLAST LTD- SPON ADR (MESO) has a support level at 16.17 and a resistance level at 17.94. Check the full technical report for our detailed analysis of MESO support and resistance levels.