Logo image of MGRX

MANGOCEUTICALS INC (MGRX) Stock Technical Analysis

NASDAQ:MGRX - Nasdaq - US56270V2051 - Common Stock - Currency: USD

1.93  -0.1 (-4.93%)

Technical Rating and Analysis

1

Taking everything into account, MGRX scores 1 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 short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
97% of all other stocks performed better in the past year than MGRX.
MGRX is one of the lesser performing stocks in the Consumer Staples Distribution & Retail industry. 90% of 41 stocks in the same industry do better.
MGRX is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month MGRX has a been trading in the 1.32 - 2.48 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.
Weekly and Daily overview Charts
MANGOCEUTICALS INC / MGRX Weekly stock chart
MANGOCEUTICALS INC / MGRX Daily stock chart
Setup Rating and Analysis

6

MGRX has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 2.02, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for MGRX 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.
Support and Resistance Analysis

1.91

2.38

4 important resistance areas can be observed.

  • A resistance zone ranging from 2.00 to 2.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 2.06 to 2.07. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Resistance @2.19 from a horizontal line in the weekly time frame.
  • Resistance @2.36 from a trend line in the daily time frame.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for MGRX is down.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for MGRX is neutral.
ChartMill Relative Strength3.38NEGATIVEMGRX has a low relative strength, it was outperformed by 96.62% off all stocks on the market.
Simple Moving Average/SMA (20)UPMIXEDThe current price of MGRX is below the rising SMA(20).
Simple Moving Average/SMA (50)DOWNMIXEDThe current price of MGRX is above a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of MGRX is below a declining SMA(200).
Relative Strength Index/RSI (14)52.04NEUTRALThe RSI value for MGRX is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.01POSITIVEThe MACD value suggests MGRX has a positive trend, although the MACD value is declining.
Stochastics (14,3)48.15NEUTRALThe Stochastics value for MGRX is a neutral value.
Average True Range in percent/ATR (20)11.1HIGH VOLATILITYThe high ATR as a percentage value for MGRX suggests high volalility.
Average Directional Index/ADX (14)18.08NEGATIVEThe low ADX value for MGRX suggests a weak or negative trend.
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)
MANGOCEUTICALS INC / MGRX Daily stock chart

MANGOCEUTICALS INC

NASDAQ:MGRX (6/16/2025, 3:29:01 PM)

1.93

-0.1 (-4.93%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryConsumer Staples Distribution & Retail
Performance
% Chg-4.93%
1 Week-0.49%
2 Weeks-6.88%
1 Month47.1%
3 Month-48.08%
6 Month-22.22%
12 Month-57.7%
2 Year-92.6%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.26
ATR(20)%11.1%
ATR Inc14.39%
Range Today0.18
ADR(20)0.23
ADR(20)%11.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.38
Mansfield-4.15
10 Day High2.48
10 Day Low1.74
20 Day High2.48
20 Day Low1.32
52 Week High7.66
52 Week Low1.32
CS1 End2.02
CR1 Start2.06
Volume & EV
DER(3)6.17%
DER(5)-0.25%
Volume75.50K
Volume Incr-10.36%
Vol(5)183.40K
Vol(50)286.55K