MESA LABORATORIES INC (MLAB) Stock Technical Analysis
USA - NASDAQ:MLAB - US59064R1095 - Common Stock
68.7437 USD
-3.21 (-4.46%)
We assign a technical rating of 2 out of 10 to MLAB. Recently some decent action could be observed, but in the medium term time frame this is still negative. MLAB was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, MLAB is a bad performer in the overall market: 93% of all stocks are doing better.
MLAB is one of the lesser performing stocks in the Life Sciences Tools & Services industry. 80% of 56 stocks in the same industry do better.
MLAB is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month MLAB has a been trading in the 58.83 - 75.61 range, which is quite wide. It is currently trading near the high of this range.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
MLAB has a poor technical rating and the quality of the setup is also not perfect 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
60.42
85.95
We found 4 important support areas.
- A support zone ranging from 67.09 to 68.32. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @65.82 from a trend line in the daily time frame.
- Support @64.07 from a horizontal line in the daily time frame.
- A support zone ranging from 61.03 to 61.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 72.72 to 74.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @83.31 from a trend line in the weekly time frame.
- Resistance @85.10 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 MLAB is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MLAB is up. |
| ChartMill Relative Strength | 7.1 | NEGATIVE | MLAB has a low relative strength, it was outperformed by 92.9% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MLAB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of MLAB is above 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) | 56.38 | NEUTRAL | The RSI value for MLAB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.87 | POSITIVE | The MACD value suggests MLAB has a positive trend. |
| Stochastics (14,3) | 73.49 | NEUTRAL | The Stochastics value for MLAB is a neutral value. |
| 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) | 18.56 | NEGATIVE | The low ADX value for MLAB 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)
NASDAQ:MLAB (10/7/2025, 1:20:25 PM)
68.7437
-3.21 (-4.46%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryLife Sciences Tools & Services
Performance
% Chg-4.46%
1 Week12.3%
2 Weeks-2.78%
1 Month12.85%
3 Month-16.74%
6 Month-37.2%
12 Month-42.98%
2 Year-23.32%
3 Year-45.58%
5 Year-72.48%
10 Year-35.67%
15 Year187.8%
Volatility
ATR(14)3.91
ATR(20)%5.57%
ATR Inc-14.95%
Range Today7.33
ADR(20)3.98
ADR(20)%5.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.1
Mansfield-4.12
10 Day High75.1
10 Day Low63.48
20 Day High75.61
20 Day Low58.83
52 Week High155.12
52 Week Low55.45
CS1 End68.32
CR1 Start72.72
Volume & EV
DER(3)-0.98%
DER(5)-0.14%
Volume24.08K
Volume Incr-42.38%
Vol(5)118.67K
Vol(50)151.19K