Taking everything into account, MESO scores 7 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, MESO is a bad performer.
Although MESO has an excellent technical rating, the quality of the presented setup is not ideal 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
15.08
We found 3 important support areas.
- A support zone ranging from 17.51 to 17.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @16.28 from a trend line in the weekly time frame.
- A support zone ranging from 15.23 to 15.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 36.72 | NEUTRAL | MESO is not amongst the best or worst performers 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) | UP | POSITIVE | The current price of MESO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.14 | NEUTRAL | The RSI value for MESO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests MESO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 74.65 | NEUTRAL | The Stochastics value for MESO is a neutral value. |
| Average True Range in percent/ATR (20) | 3.7 | MEDIUM VOLATILITY | The ATR as a percentage value for MESO suggests some volalility. |
| Average Directional Index/ADX (14) | 24.79 | NEUTRAL | The ADX value for MESO suggests a possible start of a new trend. |
18.96
-0.54 (-2.77%)
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 7 / 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 59.1432. 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 17.71. Check the full technical report for our detailed analysis of MESO support and resistance levels.