MESA LABORATORIES INC (MLAB)
US59064R1095 - Common Stock
Taking everything into account, MLAB scores 7 out of 10 in our technical rating. Although MLAB is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
72% of all other stocks performed better in the past year than MLAB.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month MLAB has a been trading in the 99.54 - 122.50 range, which is quite wide. It is currently trading near the high of this range.
MLAB is part of the Life Sciences Tools & Services industry. There are 58 other stocks in this industry, MLAB did better than 54% of them.
MLAB is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MLAB is lagging the market.
Considerably lower volume is observed in the last couple of days.
Although MLAB has an excellent technical rating, the quality of the presented setup is not ideal 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
96.97
123.44
5 important support areas can be observed.
- A support zone ranging from 112.11 to 113.21. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @103.48 from a trend line in the daily time frame.
- Support @101.73 from a trend line in the weekly time frame.
- Support @99.85 from a horizontal line in the daily time frame.
- Support @97.95 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.37
Mansfield-0.41
10 Day High122.5
10 Day Low110.77
20 Day High122.5
20 Day Low99.54
52 Week High160.28
52 Week Low82.86
Performance
1 Week5.33%
2 Weeks5.82%
1 Month21.32%
3 Month19%
6 Month35.91%
12 Month-22.99%
2 Year-41.59%
3 Year-50.33%
5 Year-51.05%
10 Year52.74%
15 Year511.1%
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)
Technical Indicators
MACD(12,26,9)0.89
RSI(14)71.67
LBB107.7
UBB123.49
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 122.51 | 110.76 | 11.76 (9.60%) | 10.42% |
| An entry @122.51. This is a Buy Stop order right above the 10 day high. | An exit @110.75. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 11.76 points, which is 9.60%. | For a 1.00% total portfolio risk, you can invest 10.42% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
MESA LABORATORIES INC
NASDAQ:MLAB (5/17/2024, 7:13:29 PM)
After market: 122.22 0 (0%)122.22
+1.61 (+1.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryLife Sciences Tools & Services
Performance
% Chg1.33%
1 Week5.33%
2 Weeks5.82%
1 Month21.32%
3 Month19%
6 Month35.91%
12 Month-22.99%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)3.99
ATR(20)%3.4%
ATR Inc
Range Today3.65
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High122.5
10 Day Low110.77
20 Day High122.5
20 Day Low99.54
52 Week High160.28
52 Week Low82.86
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume32.50K
Volume Incr-30.24%
Vol(5)22.24K
Vol(50)34.62K