MESA LABORATORIES INC (MLAB) Stock Technical Analysis
NASDAQ:MLAB - Nasdaq - US59064R1095 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to MLAB. MLAB 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.
82% of all other stocks performed better in the past year than MLAB.
MLAB 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 MLAB is lagging the market.
In the last month MLAB has a been trading in the 97.80 - 131.20 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.
MLAB is an average performer in the Life Sciences Tools & Services industry, it outperforms 62% of 55 stocks in the same industry.
The technical rating of MLAB 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.
More info and screens
84.19
129.96
3 important support areas can be observed.
- A support zone ranging from 97.95 to 97.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @89.34 from a trend line in the weekly time frame.
- Support @85.04 from a horizontal line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 115.15 to 116.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @122.05 from a trend line in the daily time frame.
- Resistance @128.67 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 MLAB is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MLAB is down. |
| ChartMill Relative Strength | 18.42 | NEGATIVE | MLAB has a low relative strength, it was outperformed by 81.58% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MLAB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MLAB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MLAB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 30.28 | NEUTRAL | The RSI value for MLAB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.21 | NEGATIVE | The MACD value suggests MLAB has a negative trend. |
| Stochastics (14,3) | 9.36 | OVERSOLD | The low Stochastics value suggests MLAB may be oversold. |
| Average True Range in percent/ATR (20) | 5.57 | HIGH VOLATILITY | The high ATR as a percentage value for MLAB suggests high volalility. |
| Average Directional Index/ADX (14) | 21.85 | NEUTRAL | The ADX value for MLAB suggests a possible start of a new 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)
NASDAQ:MLAB (6/3/2025, 3:10:53 PM)
100.955
+3 (+3.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryLife Sciences Tools & Services
Performance
% Chg3.06%
1 Week-10.82%
2 Weeks-19.98%
1 Month-17.72%
3 Month-28.78%
6 Month-21%
12 Month-6.53%
2 Year-23.77%
3 Year-51.97%
5 Year-54.82%
10 Year10.19%
15 Year307.32%
Volatility
ATR(14)5.69
ATR(20)%5.57%
ATR Inc-31.17%
Range Today5.98
ADR(20)5.18
ADR(20)%5.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.42
Mansfield-2.19
10 Day High122.2
10 Day Low97.8
20 Day High131.2
20 Day Low97.8
52 Week High155.12
52 Week Low83.68
CS1 End89.34
CR1 Start115.15
Volume & EV
DER(3)-1.28%
DER(5)1.4%
Volume33.53K
Volume Incr50.01%
Vol(5)53.62K
Vol(50)48.04K