MOLECULAR DATA INC - ADR (MKD) Technical Analysis
NASDAQ:MKD • US60852L2051
Current stock price
MKD Technical Rating and Analysis
Taking everything into account, MKD scores 0 out of 10 in our technical rating. 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 97% of all other stocks performed better in the past year than MKD.
- 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 Weekly and Daily overview Charts
MKD Setup Rating and Analysis
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
MKD Support and Resistance Analysis
0.41
We found 1 important resistance area.
- Resistance @0.69 from a horizontal line in the daily time frame.
MKD 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 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. |
MKD Chart- and CandleStick Pattern Analysis
MKD Technicals: Chart, Performance Metrics, Trend & Indicators
0.41
+0.01 (+2.5%)
MOLECULAR DATA INC - ADR / MKD TA FAQ
Can you provide the ChartMill technical rating for MOLECULAR DATA INC - ADR?
ChartMill assigns a technical rating of 0 / 10 to MKD.
What is the current trend direction of MOLECULAR DATA INC - ADR (MKD) stock?
The current trend direction for MOLECULAR DATA INC - ADR (MKD) is Bearish.
What is the RSI signal for MKD stock?
MOLECULAR DATA INC - ADR (MKD) has an RSI value of 37.0391. This indicates that the stock is currently neutral.
Can you provide the MACD signal for MOLECULAR DATA INC - ADR?
The MACD indicator for MOLECULAR DATA INC - ADR (MKD) has a value of -0.0123604, indicating a bearish trend.
What is the short term momentum for MOLECULAR DATA INC - ADR (MKD) stock?
The short term momentum for MOLECULAR DATA INC - ADR (MKD) is negative.