NASDAQ:MGRX • US56270V2051
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.
The technical rating of MGRX is bad and it also does not present a 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.
0.52
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 | NEUTRAL | NEUTRAL | The short term trend for MGRX is neutral. |
| ChartMill Relative Strength | 1.89 | NEGATIVE | MGRX has a low relative strength, it was outperformed by 98.11% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of MGRX is above 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) | 53.23 | NEUTRAL | The RSI value for MGRX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests MGRX has a positive trend. |
| Stochastics (14,3) | 27.25 | NEUTRAL | The Stochastics value for MGRX is a neutral value. |
| Average True Range in percent/ATR (20) | 13.46 | HIGH VOLATILITY | The high ATR as a percentage value for MGRX suggests high volalility. |
| Average Directional Index/ADX (14) | 25.47 | POSITIVE | The high ADX value value for MGRX suggests a strong trend. |
0.53
+0.17 (+48.83%)
ChartMill assigns a technical rating of 0 / 10 to MGRX.
The current trend direction for MANGOCEUTICALS INC (MGRX) is Bearish.
MANGOCEUTICALS INC (MGRX) has an RSI value of 53.225. This indicates that the stock is currently neutral.
The short term momentum for MANGOCEUTICALS INC (MGRX) is neutral.