STEALTH BIOTHERAPEUTICS CORP (MITO)

US85789A1051 - ADR

0.32  0 (-1.36%)

Technical Rating and Analysis

4

We assign a technical rating of 4 out of 10 to MITO. In the past year, MITO was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.

79% of all other stocks performed better in the past year than MITO.
MITO is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MITO is lagging the market.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
MITO is an average performer in the Biotechnology industry, it outperforms 60% of 612 stocks in the same industry.
In the last month MITO has a been trading in a tight range between 0.31 and 0.33.
Volume is considerably higher in the last couple of days.
Statistics
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.4
Mansfield-2.51
10 Day High0.33
10 Day Low0.32
20 Day High0.33
20 Day Low0.31
52 Week High0.97
52 Week Low0.16
Performance
1 Week-0.65%
2 Weeks-0.19%
1 Month0.95%
3 Month1.91%
6 Month33.39%
12 Month-65.96%
Weekly and Daily overview Charts
MITO Weekly chart
MITO Daily chart
Setup Rating and Analysis

8

MITO has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 0.33. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.32, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

0.31

0.33

2 important support areas can be observed.

  • A support zone ranging from 0.32 to 0.32. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 0.31 to 0.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 0.33 to 0.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
MITO Daily chart

STEALTH BIOTHERAPEUTICS CORP

NASDAQ:MITO (11/15/2022, 7:00:01 PM)

0.32

0 (-1.36%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-1.36%
1 Week-0.65%
2 Weeks-0.19%
1 Month0.95%
3 Month1.91%
6 Month33.39%
12 Month-65.96%
Volatility
ATR(14)0.01
ATR(20)%1.73%
ATR Inc29.12%
Range Today0.01
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.4
Mansfield-2.51
10 Day High0.33
10 Day Low0.32
20 Day High0.33
20 Day Low0.31
52 Week High0.97
52 Week Low0.16
CS1 End0.32
CR1 Start0.33
Volume & EV
DER(3)-5.03%
DER(5)-3.67%
Volume1.30M
Volume Incr111.99%
Vol(5)473.40K
Vol(50)211.04K