NASDAQ:MLAB - Nasdaq - US59064R1095 - Common Stock - Currency: USD
Taking everything into account, MLAB scores 1 out of 10 in our technical rating. MLAB's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
MLAB has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 119.07. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 115.36, a Stop Loss order could be placed below this zone.
84.19
4 important support areas can be observed.
We found 1 important resistance area.
119.06
+3.66 (+3.17%)