MOOLEC SCIENCE SA (MLEC) Stock Technical Analysis
USA - NASDAQ:MLEC - LU2559000059 - Common Stock
We assign a technical rating of 0 out of 10 to MLEC. MLEC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, MLEC does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 0.66. Right above this resistance zone may be a good entry point.
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0.65
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.66 to 0.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | 0.41 | NEGATIVE | MLEC has a low relative strength, it was outperformed by 99.59% 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) | DOWN | NEGATIVE | The current price of MLEC is below a declining 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) | 35.86 | NEUTRAL | The RSI value for MLEC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests MLEC has a positive trend. |
| Stochastics (14,3) | 29.19 | NEUTRAL | The Stochastics value for MLEC is a neutral value. |
| Average True Range in percent/ATR (20) | 10.97 | HIGH VOLATILITY | The high ATR as a percentage value for MLEC suggests high volalility. |
| Average Directional Index/ADX (14) | 45.98 | POSITIVE | The high ADX value value for MLEC suggests a strong trend. |
0.6545
+0.05 (+7.95%)
MOOLEC SCIENCE SA / MLEC FAQ
What is the ChartMill technical rating of MOOLEC SCIENCE SA (MLEC) stock?
ChartMill assigns a technical rating of 0 / 10 to MLEC.
Can you provide the trend direction for MOOLEC SCIENCE SA?
The current trend direction for MOOLEC SCIENCE SA (MLEC) is Bearish.
Can you provide the RSI signal for MOOLEC SCIENCE SA?
MOOLEC SCIENCE SA (MLEC) has an RSI value of 35.8577. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for MOOLEC SCIENCE SA?
The buy/sell signal for MOOLEC SCIENCE SA (MLEC) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for MOOLEC SCIENCE SA (MLEC) stock?
MOOLEC SCIENCE SA (MLEC) has a resistance level at 0.66. Check the full technical report for our detailed analysis of MLEC support and resistance levels.