MOOLEC SCIENCE SA (MLEC) Technical Analysis
NASDAQ:MLEC • KYG6223S1259
Current stock price
MLEC Technical Rating and Analysis
Taking everything into account, MLEC scores 1 out of 10 in our technical rating. MLEC'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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, MLEC is a bad performer in the overall market: 82% of all stocks are doing better.
- MLEC is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so MLEC is lagging the market.
- In the last month MLEC has a been trading in the 5.41 - 12.42 range, which is quite wide. It is currently trading near the lows of this range.
- MLEC has an average volume of 1320430 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- MLEC is an average performer in the Food Products industry, it outperforms 47% of 86 stocks in the same industry.
- Considerably lower volume is observed in the last couple of days.
MLEC Weekly and Daily overview Charts
MLEC Setup Rating and Analysis
The technical rating of MLEC 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
MLEC Support and Resistance Analysis
5.85
2 important support areas can be observed.
- A support zone ranging from 6.87 to 6.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @5.91 from a horizontal line in the daily time frame.
MLEC 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 | DOWN | NEGATIVE | The long term trend for MLEC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MLEC is down. |
| ChartMill Relative Strength | 18.44 | NEGATIVE | MLEC has a low relative strength, it was outperformed by 81.56% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MLEC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of MLEC is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MLEC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.09 | NEUTRAL | The RSI value for MLEC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.28 | NEGATIVE | The MACD value suggests MLEC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 17.48 | OVERSOLD | The low Stochastics value suggests MLEC may be oversold. |
| Average True Range in percent/ATR (20) | 14.83 | HIGH VOLATILITY | The high ATR as a percentage value for MLEC suggests high volalility. |
| Average Directional Index/ADX (14) | 22.08 | NEUTRAL | The ADX value for MLEC suggests a possible start of a new trend. |
MLEC Chart- and CandleStick Pattern Analysis
MLEC Technicals: Chart, Performance Metrics, Trend & Indicators
6.95
+0.67 (+10.67%)
MOOLEC SCIENCE SA / MLEC TA FAQ
What is the ChartMill technical rating of MOOLEC SCIENCE SA (MLEC) stock?
ChartMill assigns a technical rating of 1 / 10 to MLEC.
What is the trend direction for MLEC stock?
The current trend direction for MOOLEC SCIENCE SA (MLEC) is Bearish.
What is the RSI signal for MLEC stock?
MOOLEC SCIENCE SA (MLEC) has an RSI value of 42.0919. This indicates that the stock is currently neutral.
Can you provide the short term momentum for MOOLEC SCIENCE SA?
The short term momentum for MOOLEC SCIENCE SA (MLEC) is negative.
What is the support and resistance level for MLEC stock?
MOOLEC SCIENCE SA (MLEC) has a support level at 6.94. Check the full technical report for our detailed analysis of MLEC support and resistance levels.