MESOBLAST LTD- SPON ADR (MESO) Stock Technical Analysis
NASDAQ:MESO - Nasdaq - US5907174016 - ADR - Currency: USD
We assign a technical rating of 3 out of 10 to MESO. Although MESO is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
MESO is one of the better performing stocks in the Biotechnology industry, it outperforms 89% of 562 stocks in the same industry.
Looking at the yearly performance, MESO did better than 85% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
MESO is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MESO is lagging the market slightly.
In the last month MESO has a been trading in the 10.11 - 12.25 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 bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 12.04. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 11.44, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for MESO in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
9.92
12.18
We found 3 important support areas.
- A support zone ranging from 11.15 to 11.44. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 10.71 to 10.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 10.02 to 10.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 12.04 to 12.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.09
Mansfield0.23
10 Day High12.25
10 Day Low10.77
20 Day High12.25
20 Day Low10.11
52 Week High22
52 Week Low5.78
Performance
1 Week4.43%
2 Weeks1.23%
1 Month7.15%
3 Month-35.53%
6 Month14.94%
12 Month57.01%
2 Year70.71%
3 Year64.39%
5 Year-55.03%
10 YearN/A
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)0.12
RSI(14)49.51
LBB10.76
UBB12.23
11.54
-0.37 (-3.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-3.11%
1 Week4.43%
2 Weeks1.23%
1 Month7.15%
3 Month-35.53%
6 Month14.94%
12 Month57.01%
2 Year70.71%
3 Year64.39%
5 Year-55.03%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.57
ATR(20)%5.18%
ATR Inc3.84%
Range Today0.53
ADR(20)0.46
ADR(20)%4.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.09
Mansfield0.23
10 Day High12.25
10 Day Low10.77
20 Day High12.25
20 Day Low10.11
52 Week High22
52 Week Low5.78
CS1 End11.44
CR1 Start12.04
Volume & EV
DER(3)3.85%
DER(5)1.32%
Volume435.80K
Volume Incr9.95%
Vol(5)197.28K
Vol(50)242.07K