Taking everything into account, MGRX scores 0 out of 10 in our technical rating. MGRX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
MGRX has a poor technical rating and the quality of the setup is also only medium 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
1.10
We found 1 important resistance area.
- Resistance @1.64 from a trend 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 | DOWN | NEGATIVE | The long term trend for MGRX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MGRX is down. |
| ChartMill Relative Strength | 3.56 | NEGATIVE | MGRX has a low relative strength, it was outperformed by 96.44% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MGRX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MGRX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MGRX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 34.54 | NEUTRAL | The RSI value for MGRX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests MGRX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 7.93 | OVERSOLD | The low Stochastics value suggests MGRX may be oversold. |
| Average True Range in percent/ATR (20) | 24.01 | HIGH VOLATILITY | The high ATR as a percentage value for MGRX suggests high volalility. |
| Average Directional Index/ADX (14) | 31.54 | POSITIVE | The high ADX value value for MGRX suggests a strong trend. |
1.11
+0.04 (+3.74%)
MANGOCEUTICALS INC / MGRX FAQ
What is the technical rating for MGRX stock?
ChartMill assigns a technical rating of 0 / 10 to MGRX.
What is the trend direction for MGRX stock?
The current trend direction for MANGOCEUTICALS INC (MGRX) is Bearish.
What is the RSI signal for MGRX stock?
MANGOCEUTICALS INC (MGRX) has an RSI value of 34.5365. This indicates that the stock is currently neutral.
What is the MACD signal for MANGOCEUTICALS INC (MGRX) stock?
The MACD indicator for MANGOCEUTICALS INC (MGRX) has a value of -0.0286082, indicating a bearish trend.
What are the support and resistance levels for MANGOCEUTICALS INC (MGRX) stock?
MANGOCEUTICALS INC (MGRX) has a resistance level at 1.64. Check the full technical report for our detailed analysis of MGRX support and resistance levels.