MANGOCEUTICALS INC (MGRX) Technical Analysis
NASDAQ:MGRX • US56270V2051
Current stock price
0.338 USD
-0.02 (-6.11%)
At close:
0.35 USD
+0.01 (+3.55%)
After Hours:
MGRX Technical Rating and Analysis
Overall MGRX gets a technical rating of 0 out of 10. 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 99% of all other stocks performed better in the past year than MGRX.
- MGRX is part of the Consumer Staples Distribution & Retail industry. There are 38 other stocks in this industry, of which 91% are performing better than MGRX.
- MGRX is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so MGRX is lagging the market.
- MGRX has an average volume of 15382000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month MGRX has a been trading in the 0.16 - 0.49 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
MGRX Weekly and Daily overview Charts
MGRX Setup Rating and Analysis
Although the technical rating is bad, MGRX does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
MGRX Support and Resistance Analysis
0.33
0.44
We can see 2 important resistance areas.
- A resistance zone ranging from 0.40 to 0.40. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @0.44 from a trend line in the daily time frame.
MGRX 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 | 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 | 1.86 | NEGATIVE | MGRX has a low relative strength, it was outperformed by 98.14% 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) | 45.62 | NEUTRAL | The RSI value for MGRX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests MGRX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 57.96 | NEUTRAL | The Stochastics value for MGRX is a neutral value. |
| Average True Range in percent/ATR (20) | 22.16 | HIGH VOLATILITY | The high ATR as a percentage value for MGRX suggests high volalility. |
| Average Directional Index/ADX (14) | 14.69 | NEGATIVE | The low ADX value for MGRX suggests a weak or negative trend. |
MGRX Chart- and CandleStick Pattern Analysis
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)
MGRX Technicals: Chart, Performance Metrics, Trend & Indicators
0.338
-0.02 (-6.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryConsumer Staples Distribution & Retail
Performance
% Chg-6.11%
1 Week-8.65%
2 Weeks-5.08%
1 Month-9.14%
3 Month-60.39%
6 Month-85.11%
12 Month-81.63%
2 Year-90.73%
3 Year-97.91%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%22.16%
ATR Inc-68.7%
Range Today0.03
ADR(20)0.07
ADR(20)%19.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.86
3 months CRS2.78
6 months CRS2.08
Mansfield-7.74
10 Day High0.49
10 Day Low0.16
20 Day High0.49
20 Day Low0.16
52 Week High2.88
52 Week Low0.16
CS1 EndN/A
CR1 Start0.4
Volume & EV
DER(3)-21.24%
DER(5)-9.75%
Volume521.30K
Volume Incr-86.71%
Vol(5)2.48M
Vol(50)15.38M
MANGOCEUTICALS INC / MGRX TA FAQ
What is the technical rating for MGRX stock?
ChartMill assigns a technical rating of 0 / 10 to MGRX.
What is the current trend direction of MANGOCEUTICALS INC (MGRX) stock?
The current trend direction for MANGOCEUTICALS INC (MGRX) is Bearish.
What is the RSI signal for MANGOCEUTICALS INC (MGRX) stock?
MANGOCEUTICALS INC (MGRX) has an RSI value of 45.6215. 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 0.00741233, indicating a bearish trend.
What is the short term momentum for MGRX stock?
The short term momentum for MANGOCEUTICALS INC (MGRX) is negative.