MESOBLAST LTD- SPON ADR (MESO) Technical Analysis
NASDAQ:MESO • US5907174016
Current stock price
MESO Technical Rating and Analysis
We assign a technical rating of 4 out of 10 to MESO. MESO has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- In the last month MESO has a been trading in the 13.30 - 16.89 range, which is quite wide. It is currently trading near the high of this range.
- 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 55% of all stocks.
- MESO is part of the Biotechnology industry. There are 516 other stocks in this industry, MESO did better than 50% 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.
MESO Weekly and Daily overview Charts
MESO Setup Rating and Analysis
MESO has an average technical rating and it also does not offer a high quality setup 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
MESO Support and Resistance Analysis
13.54
When analyzing the support we can see 3 important areas.
- Support @14.88 from a trend line in the weekly time frame.
- Support @14.35 from a horizontal line in the weekly time frame.
- A support zone ranging from 13.68 to 13.74. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 16.46 to 16.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @16.98 from a horizontal line in the daily time frame.
MESO Technical Indicator Signal Analysis
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 | UP | POSITIVE | The short term trend for MESO is up. |
| ChartMill Relative Strength | 55.74 | 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) | DOWN | MIXED | The current price of MESO is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of MESO is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.96 | NEUTRAL | The RSI value for MESO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.21 | POSITIVE | The MACD value suggests MESO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 80.17 | OVERBOUGHT | The high Stochastics value suggests MESO may be overbought. |
| Average True Range in percent/ATR (20) | 5.13 | HIGH VOLATILITY | The high ATR as a percentage value for MESO suggests high volalility. |
| Average Directional Index/ADX (14) | 12.94 | NEGATIVE | The low ADX value for MESO suggests a weak or negative trend. |
MESO Chart- and CandleStick Pattern Analysis
MESO Technicals: Chart, Performance Metrics, Trend & Indicators
15.74
-0.44 (-2.72%)
MESOBLAST LTD- SPON ADR / MESO TA FAQ
What is the ChartMill technical rating of MESOBLAST LTD- SPON ADR (MESO) stock?
ChartMill assigns a technical rating of 4 / 10 to MESO.
What is the trend direction for MESO stock?
The current trend direction for MESOBLAST LTD- SPON ADR (MESO) is Bearish.
What is the RSI signal for MESO stock?
MESOBLAST LTD- SPON ADR (MESO) has an RSI value of 52.9562. 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.