NYSEARCA:MIMO - NYSE Arca - US00951K1043 - Common Stock - Currency: USD
Taking everything into account, MIMO scores 0 out of 10 in our technical rating. MIMO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, MIMO does present a nice setup opportunity. 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
We can see 4 important resistance areas.
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%)