We assign a technical rating of 2 out of 10 to MLND. MLND'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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, MLND is a bad performer in the overall market: 99% of all stocks are doing better.
MLND is part of the Biotechnology industry. There are 562 other stocks in this industry, of which 88% are performing better than MLND.
MLND 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 MLND is lagging the market.
In the last month MLND has a been trading in the 1.06 - 1.55 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
MLND has an average volume of 2364880 traded shares per day. This is a good sign as it is always nice to have a liquid stock.