Mithra Pharmaceuticals SA (MITRA.BR) Stock Technical Analysis
EBR:MITRA • BE0974283153
Overall MITRA gets a technical rating of 0 out of 10. MITRA's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- 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, MITRA is a bad performer in the overall market: 100% of all stocks are doing better.
- MITRA is part of the Pharmaceuticals industry. There are 52 other stocks in this industry, of which 82% are performing better than MITRA.
- MITRA is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month MITRA has a been trading in the 0.22 - 0.29 range, which is quite wide. It is currently trading near the lows of this range.
- Considerably lower volume is observed in the last couple of days.
MITRA 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 very little resistance above the current price.
More info and screens
0.21
We can see 2 important resistance areas.
- Resistance @0.24 from a horizontal line in the daily time frame.
- Resistance @0.29 from a trend 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 | DOWN | NEGATIVE | The long term trend for MITRA.BR is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MITRA.BR is down. |
| ChartMill Relative Strength | 0.33 | NEGATIVE | MITRA.BR has a low relative strength, it was outperformed by 99.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MITRA.BR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MITRA.BR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MITRA.BR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 31.89 | NEUTRAL | The RSI value for MITRA.BR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests MITRA.BR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 3.71 | OVERSOLD | The low Stochastics value suggests MITRA.BR may be oversold. |
| Average True Range in percent/ATR (20) | 5.8 | HIGH VOLATILITY | The high ATR as a percentage value for MITRA.BR suggests high volalility. |
| Average Directional Index/ADX (14) | 45.14 | POSITIVE | The high ADX value value for MITRA.BR suggests a strong trend. |
EBR:MITRA (4/26/2024, 7:00:00 PM)
0.216
0 (-1.82%)
Mithra Pharmaceuticals SA / MITRA.BR FAQ
What is the technical rating for MITRA stock?
ChartMill assigns a technical rating of 0 / 10 to MITRA.BR.
Can you provide the trend direction for Mithra Pharmaceuticals SA?
The current trend direction for Mithra Pharmaceuticals SA (MITRA.BR) is Bearish.
Can you provide the RSI signal for Mithra Pharmaceuticals SA?
Mithra Pharmaceuticals SA (MITRA.BR) has an RSI value of 31.8895. This indicates that the stock is currently neutral.
What is the MACD signal for MITRA stock?
The MACD indicator for Mithra Pharmaceuticals SA (MITRA.BR) has a value of 0.00930033, indicating a bearish trend.
Can you provide the support and resistance levels for Mithra Pharmaceuticals SA?
Mithra Pharmaceuticals SA (MITRA.BR) has a resistance level at 0.24. Check the full technical report for our detailed analysis of MITRA.BR support and resistance levels.