AIRSPAN NETWORKS HOLDINGS IN (MIMO) Stock Technical Analysis
NYSEARCA:MIMO - NYSE Arca - US00951K1043 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to MIMO. 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, MIMO is a bad performer in the overall market: 90% of all stocks are doing better.
MIMO is one of the lesser performing stocks in the Communications Equipment industry. 95% of 49 stocks in the same industry do better.
MIMO is currently trading near the lower end of its 52 week range, which is not a good sign. MIMO is lagging the S&P500 Index which is trading in the middle of its 52 week range.
In the last month MIMO has a been trading in the 0.11 - 0.16 range, which is quite wide. It is currently trading near the lows of this range.
MIMO has an average volume of 4486710 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
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.
More info and screens
0.11
0.23
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 0.12 to 0.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.15 to 0.15. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @0.16 from a horizontal line in the daily time frame.
- Resistance @0.23 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.63
Mansfield-5.01
10 Day High0.13
10 Day Low0.11
20 Day High0.16
20 Day Low0.11
52 Week High0.7
52 Week Low0.07
Performance
1 Week-3.42%
2 Weeks-0.88%
1 Month-19.52%
3 Month25.56%
6 Month-24.67%
12 Month-83.68%
2 Year-96.12%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)40.9
LBB0.11
UBB0.13
0.113
-0.01 (-5.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg-5.04%
1 Week-3.42%
2 Weeks-0.88%
1 Month-19.52%
3 Month25.56%
6 Month-24.67%
12 Month-83.68%
2 Year-96.12%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%10.29%
ATR Inc-32.03%
Range Today0.01
ADR(20)0.01
ADR(20)%10.06%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.63
Mansfield-5.01
10 Day High0.13
10 Day Low0.11
20 Day High0.16
20 Day Low0.11
52 Week High0.7
52 Week Low0.07
CS1 EndN/A
CR1 Start0.12
Volume & EV
DER(3)-2.25%
DER(5)-4.68%
Volume271.80K
Volume Incr-48.22%
Vol(5)266.88K
Vol(50)4.49M