AIRSPAN NETWORKS HOLDINGS IN (MIMO) Technical Analysis
NYSEARCA:MIMO • US00951K1043
Current stock price
MIMO Technical Rating and Analysis
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. 89% of 47 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. The S&P500 Index is trading in the upper part of its 52 week range, so MIMO is lagging the market.
- 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 Weekly and Daily overview Charts
MIMO Setup Rating and Analysis
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.
More info and screens
MIMO Support and Resistance Analysis
0.11
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.
MIMO 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 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. |
MIMO Chart- and CandleStick Pattern Analysis
MIMO Technicals: Chart, Performance Metrics, Trend & Indicators
0.113
-0.01 (-5.04%)
AIRSPAN NETWORKS HOLDINGS IN / MIMO TA FAQ
What is the technical rating for MIMO stock?
ChartMill assigns a technical rating of 0 / 10 to MIMO.
What is the current trend direction of AIRSPAN NETWORKS HOLDINGS IN (MIMO) stock?
The current trend direction for AIRSPAN NETWORKS HOLDINGS IN (MIMO) is Bearish.
Can you provide the RSI signal for AIRSPAN NETWORKS HOLDINGS IN?
AIRSPAN NETWORKS HOLDINGS IN (MIMO) has an RSI value of 40.8965. This indicates that the stock is currently neutral.
What is the short term momentum for AIRSPAN NETWORKS HOLDINGS IN (MIMO) stock?
The short term momentum for AIRSPAN NETWORKS HOLDINGS IN (MIMO) is negative.
What is the buy/sell signal for AIRSPAN NETWORKS HOLDINGS IN (MIMO) stock?
The buy/sell signal for AIRSPAN NETWORKS HOLDINGS IN (MIMO) is sell as both the short term and long term trends are negative.