MOLECULAR DATA INC - ADR (MKD) Stock Technical Analysis
NASDAQ:MKD - Nasdaq - US60852L2051 - ADR - Currency: USD
Overall MKD gets a technical rating of 0 out of 10. MKD scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, MKD is a bad performer in the overall market: 97% of all stocks are doing better.
MKD is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so MKD is lagging the market.
In the last month MKD has a been trading in the 0.39 - 0.64 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
MKD has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
0.41
0.70
When analyzing the resistance we notice one important area.
- Resistance @0.69 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 | DOWN | NEGATIVE | The long term trend for MKD is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MKD is down. |
| ChartMill Relative Strength | 3.39 | NEGATIVE | MKD has a low relative strength, it was outperformed by 96.61% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MKD is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MKD is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MKD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 37.04 | NEUTRAL | The RSI value for MKD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests MKD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 5.03 | OVERSOLD | The low Stochastics value suggests MKD may be oversold. |
| Average True Range in percent/ATR (20) | 15.42 | HIGH VOLATILITY | The high ATR as a percentage value for MKD suggests high volalility. |
| Average Directional Index/ADX (14) | 14.34 | NEGATIVE | The low ADX value for MKD suggests a weak or negative trend. |
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)
0.41
+0.01 (+2.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryInternet & Direct Marketing Retail
Performance
% Chg2.5%
1 Week-15.13%
2 Weeks-18.47%
1 Month-34.94%
3 Month-36.91%
6 Month-82.26%
12 Month-94.44%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%15.42%
ATR Inc24.46%
Range Today0.09
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.39
Mansfield-8.13
10 Day High0.56
10 Day Low0.39
20 Day High0.64
20 Day Low0.39
52 Week High7.87
52 Week Low0.39
CS1 EndN/A
CR1 Start0.69
Volume & EV
DER(3)-6.28%
DER(5)-12.19%
Volume427.40K
Volume Incr-38.27%
Vol(5)265.16K
Vol(50)272.65K