MOOLEC SCIENCE SA (MLEC) Stock Technical Analysis
NASDAQ:MLEC - Nasdaq - LU2559000059 - Common Stock - Currency: USD
Overall MLEC gets a technical rating of 6 out of 10. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, MLEC is a bad performer.
73% of all other stocks performed better in the past year than MLEC.
Both the short term and long term trends are positive. This is a very positive sign.
MLEC is part of the Food Products industry. There are 90 other stocks in this industry, MLEC did better than 55% of them.
MLEC 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 MLEC is lagging the market slightly.
In the last month MLEC has a been trading in the 6.30 - 10.47 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
MLEC has an average technical rating and the quality of the presented setup is also not ideal at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
5.45
9.50
We found 2 important support areas.
- Support @6.13 from a trend line in the daily time frame.
- Support @5.50 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 8.73 to 8.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 9.11 to 9.41. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for MLEC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MLEC is up. |
| ChartMill Relative Strength | 27.6 | NEGATIVE | MLEC has a low relative strength, it was outperformed by 72.4% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of MLEC is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of MLEC is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of MLEC is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.21 | NEUTRAL | The RSI value for MLEC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests MLEC has a negative trend. |
| Stochastics (14,3) | 48.21 | NEUTRAL | The Stochastics value for MLEC is a neutral value. |
| Average True Range in percent/ATR (20) | 11.58 | HIGH VOLATILITY | The high ATR as a percentage value for MLEC suggests high volalility. |
| Average Directional Index/ADX (14) | 35.23 | POSITIVE | The high ADX value value for MLEC suggests a strong trend. |
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)
8.25
-0.65 (-7.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg-7.3%
1 Week-8.44%
2 Weeks-7.61%
1 Month28.62%
3 Month11.5%
6 Month-5.17%
12 Month-29.49%
2 Year-72.65%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.02
ATR(20)%11.58%
ATR Inc-63.28%
Range Today0.32
ADR(20)0.91
ADR(20)%11.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.6
Mansfield-0.75
10 Day High10.47
10 Day Low7.75
20 Day High10.47
20 Day Low6.3
52 Week High12.6
52 Week Low5.3
CS1 End6.13
CR1 Start8.73
Volume & EV
DER(3)-27.25%
DER(5)-13.51%
Volume1.30K
Volume Incr-95.85%
Vol(5)1.96K
Vol(50)74.55K