MESA LABORATORIES INC (MLAB) Technical Analysis
NASDAQ:MLAB • US59064R1095
Current stock price
MLAB Technical Rating and Analysis
Overall MLAB gets a technical rating of 2 out of 10. In the last year, MLAB was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
- When comparing the yearly performance of all stocks, MLAB is a bad performer in the overall market: 76% of all stocks are doing better.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- MLAB is part of the Life Sciences Tools & Services industry. There are 56 other stocks in this industry, MLAB did better than 58% of them.
- MLAB is currently trading in the middle 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 slightly.
- In the last month MLAB has a been trading in the 71.06 - 94.40 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
MLAB Weekly and Daily overview Charts
MLAB Setup Rating and Analysis
Although the technical rating is bad, MLAB does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 79.84, a Stop Loss order could be placed below this zone.
More info and screens
MLAB Support and Resistance Analysis
71.17
We found 4 important support areas.
- A support zone ranging from 77.96 to 79.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @74.71 from a trend line in the daily time frame.
- Support @73.23 from a horizontal line in the daily time frame.
- Support @71.89 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @91.91 from a trend line in the weekly time frame.
- A resistance zone ranging from 95.70 to 96.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
MLAB 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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for MLAB is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MLAB is neutral. |
| ChartMill Relative Strength | 24.6 | NEGATIVE | MLAB has a low relative strength, it was outperformed by 75.4% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of MLAB is above 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 | MIXED | The current price of MLAB is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.57 | NEUTRAL | The RSI value for MLAB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.41 | POSITIVE | The MACD value suggests MLAB has a positive trend. |
| Stochastics (14,3) | 78.15 | NEUTRAL | The Stochastics value for MLAB is a neutral value. |
| Average True Range in percent/ATR (20) | 5.39 | HIGH VOLATILITY | The high ATR as a percentage value for MLAB suggests high volalility. |
| Average Directional Index/ADX (14) | 25.08 | POSITIVE | The high ADX value value for MLAB suggests a strong trend. |
MLAB Chart- and CandleStick Pattern Analysis
MLAB Technicals: Chart, Performance Metrics, Trend & Indicators
85.07
+3 (+3.66%)
MESA LABORATORIES INC / MLAB TA FAQ
Can you provide the ChartMill technical rating for MESA LABORATORIES INC?
ChartMill assigns a technical rating of 2 / 10 to MLAB.
What is the current trend direction of MESA LABORATORIES INC (MLAB) stock?
The current trend direction for MESA LABORATORIES INC (MLAB) is Bearish.
What is the RSI signal for MESA LABORATORIES INC (MLAB) stock?
MESA LABORATORIES INC (MLAB) has an RSI value of 51.5743. This indicates that the stock is currently neutral.
What is the MACD signal for MESA LABORATORIES INC (MLAB) stock?
The MACD indicator for MESA LABORATORIES INC (MLAB) has a value of 0.410818, indicating a bearish trend.
What is the short term momentum for MLAB stock?
The short term momentum for MESA LABORATORIES INC (MLAB) is neutral.