Taking everything into account, MESO scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, MESO has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although MESO has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
13.07
When analyzing the support we can see 3 important areas.
- Support @15.24 from a trend line in the weekly time frame.
- Support @14.52 from a trend line in the daily time frame.
- Support @13.20 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @18.01 from a trend line in the weekly time frame.
- Resistance @18.41 from a horizontal line in the weekly 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 | UP | POSITIVE | The long term trend for MESO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MESO is up. |
| ChartMill Relative Strength | 90.67 | POSITIVE | MESO has a high relative strength, it outperformed 90.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MESO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MESO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of MESO is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 60.8 | NEUTRAL | The RSI value for MESO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.3 | POSITIVE | The MACD value suggests MESO has a positive trend. |
| Stochastics (14,3) | 87.06 | OVERBOUGHT | The high Stochastics value suggests MESO may be overbought. |
| Average True Range in percent/ATR (20) | 4.31 | MEDIUM VOLATILITY | The ATR as a percentage value for MESO suggests some volalility. |
| Average Directional Index/ADX (14) | 14.77 | NEGATIVE | The low ADX value for MESO suggests a weak or negative trend. |
17.23
-0.14 (-0.81%)
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 9 / 10 to MESO.
What is the current trend direction of MESOBLAST LTD- SPON ADR (MESO) stock?
The current trend direction for MESOBLAST LTD- SPON ADR (MESO) is Bullish.
Can you provide the RSI signal for MESOBLAST LTD- SPON ADR?
MESOBLAST LTD- SPON ADR (MESO) has an RSI value of 60.7986. This indicates that the stock is currently neutral.
What is the short term momentum for MESO stock?
The short term momentum for MESOBLAST LTD- SPON ADR (MESO) is positive.
What are the support and resistance levels for MESOBLAST LTD- SPON ADR (MESO) stock?
MESOBLAST LTD- SPON ADR (MESO) has a support level at 15.24 and a resistance level at 18.01. Check the full technical report for our detailed analysis of MESO support and resistance levels.