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MOLEKULE GROUP INC (MKUL) Stock Technical Analysis

NASDAQ:MKUL - US0077441055 - Common Stock

0.0541 USD
-0.04 (-39.89%)
Last: 10/12/2023, 8:00:01 PM
0.0519 USD
0 (-4.07%)
After Hours: 10/12/2023, 8:00:01 PM
Technical Rating and Analysis

0

Taking everything into account, MKUL scores 0 out of 10 in our technical rating. MKUL 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.
100% of all other stocks performed better in the past year than MKUL.
MKUL is part of the Building Products industry. There are 41 other stocks in this industry, of which 90% are performing better than MKUL.
In the last month MKUL has a been trading in the 0.04 - 0.79 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.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
MKUL has an average volume of 3223410 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
MOLEKULE GROUP INC / MKUL Weekly stock chart
MOLEKULE GROUP INC / MKUL Daily stock chart
Setup Rating and Analysis

3

The technical rating of MKUL is bad and it also does not present a quality setup 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.

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for MKUL is down.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for MKUL is down.
ChartMill Relative Strength0NEGATIVEMKUL has a low relative strength, it was outperformed by 100% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of MKUL is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of MKUL is below a declining SMA(50).
Relative Strength Index/RSI (14)19.37OVERSOLDThe low RSI value suggests MKUL may be oversold.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.03POSITIVEThe MACD value suggests MKUL has a positive trend, although the MACD value is declining.
Stochastics (14,3)2.29OVERSOLDThe low Stochastics value suggests MKUL may be oversold.
Average True Range in percent/ATR (20)141.79HIGH VOLATILITYThe high ATR as a percentage value for MKUL suggests high volalility.
Average Directional Index/ADX (14)56.39POSITIVEThe high ADX value value for MKUL suggests a strong trend.
Chart- and CandleStick Pattern Analysis
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)
MOLEKULE GROUP INC / MKUL Daily stock chart

MOLEKULE GROUP INC

NASDAQ:MKUL (10/12/2023, 8:00:01 PM)

After market: 0.0519 0 (-4.07%)

0.0541

-0.04 (-39.89%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryBuilding Products
Performance
% Chg-39.89%
1 Week-56.41%
2 Weeks-60.25%
1 Month-92.59%
3 Month-97.31%
6 Month-96.82%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%141.79%
ATR Inc-49.52%
Range Today0.04
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
CRS0
MansfieldN/A
10 Day High0.26
10 Day Low0.05
20 Day High0.79
20 Day Low0.05
52 Week HighN/A
52 Week LowN/A
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-3.19%
DER(5)-4.79%
Volume8.74M
Volume Incr59.08%
Vol(5)9.08M
Vol(50)3.22M