We assign a technical rating of 0 out of 10 to MIMO. MIMO's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
MIMO has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 0.12. Right above this resistance zone may be a good entry point.
0.11
4 important resistance areas can be observed.
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 MIMO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MIMO is down. |
| ChartMill Relative Strength | 10.63 | NEGATIVE | MIMO has a low relative strength, it was outperformed by 89.37% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MIMO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MIMO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MIMO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.9 | NEUTRAL | The RSI value for MIMO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests MIMO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 32.42 | NEUTRAL | The Stochastics value for MIMO is a neutral value. |
| Average True Range in percent/ATR (20) | 10.29 | HIGH VOLATILITY | The high ATR as a percentage value for MIMO suggests high volalility. |
| Average Directional Index/ADX (14) | 22.48 | NEUTRAL | The ADX value for MIMO suggests a possible start of a new trend. |
0.113
-0.01 (-5.04%)
ChartMill assigns a technical rating of 0 / 10 to MIMO.
The current trend direction for AIRSPAN NETWORKS HOLDINGS IN (MIMO) is Bearish.
AIRSPAN NETWORKS HOLDINGS IN (MIMO) has an RSI value of 40.8965. This indicates that the stock is currently neutral.
The buy/sell signal for AIRSPAN NETWORKS HOLDINGS IN (MIMO) is sell as both the short term and long term trends are negative.
AIRSPAN NETWORKS HOLDINGS IN (MIMO) has a resistance level at 0.12. Check the full technical report for our detailed analysis of MIMO support and resistance levels.