MILESTONE PHARMACEUTICALS IN (MIST) Stock Technical Analysis
USA - NASDAQ:MIST - CA59935V1076 - Common Stock
Taking everything into account, MIST scores 6 out of 10 in our technical rating. MIST was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
Although the technical rating is only medium, MIST does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 1.87, a Stop Loss order could be placed below this zone.
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1.77
When analyzing the support we can see 3 important areas.
- A support zone ranging from 1.86 to 1.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.83 from a horizontal line in the daily time frame.
- Support @1.79 from a trend line in the daily time frame.
3 important resistance areas can be observed.
- Resistance @2.04 from a trend line in the daily time frame.
- A resistance zone ranging from 2.09 to 2.12. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Resistance @2.19 from a horizontal line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for MIST is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MIST is neutral. |
| ChartMill Relative Strength | 86.98 | POSITIVE | MIST has a high relative strength, it outperformed 86.98% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MIST is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of MIST is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of MIST is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.64 | NEUTRAL | The RSI value for MIST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests MIST has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 36.13 | NEUTRAL | The Stochastics value for MIST is a neutral value. |
| Average True Range in percent/ATR (20) | 5.49 | HIGH VOLATILITY | The high ATR as a percentage value for MIST suggests high volalility. |
| Average Directional Index/ADX (14) | 19.51 | NEGATIVE | The low ADX value for MIST suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 2.05 | 1.85 | 0.20 (9.76%) | 10.25% |
| An entry @2.05. This is a Buy Stop order right above the resistance zone. | An exit @1.85. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.20 points, which is 9.76%. | When investing 10.25% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
1.92
+0.04 (+2.13%)
MILESTONE PHARMACEUTICALS IN / MIST FAQ
What is the ChartMill technical rating of MILESTONE PHARMACEUTICALS IN (MIST) stock?
ChartMill assigns a technical rating of 6 / 10 to MIST.
What is the trend direction for MIST stock?
The current trend direction for MILESTONE PHARMACEUTICALS IN (MIST) is Bearish.
What is the RSI signal for MIST stock?
MILESTONE PHARMACEUTICALS IN (MIST) has an RSI value of 48.6372. This indicates that the stock is currently neutral.
Can you provide the short term momentum for MILESTONE PHARMACEUTICALS IN?
The short term momentum for MILESTONE PHARMACEUTICALS IN (MIST) is neutral.