Taking everything into account, MLNT scores 0 out of 10 in our technical rating. MLNT'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.
MLNT has a poor technical rating and the quality of the setup is also not perfect 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
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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 MLNT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MLNT is down. |
| ChartMill Relative Strength | 0.06 | NEGATIVE | MLNT has a low relative strength, it was outperformed by 99.94% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MLNT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MLNT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MLNT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 26.42 | OVERSOLD | The low RSI value suggests MLNT may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests MLNT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 12.67 | OVERSOLD | The low Stochastics value suggests MLNT may be oversold. |
| Average True Range in percent/ATR (20) | 34.57 | HIGH VOLATILITY | The high ATR as a percentage value for MLNT suggests high volalility. |
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-0.03 (-5.7%)
MELINTA THERAPEUTICS INC / MLNT FAQ
Can you provide the ChartMill technical rating for MELINTA THERAPEUTICS INC?
ChartMill assigns a technical rating of 0 / 10 to MLNT.
What is the current trend direction of MELINTA THERAPEUTICS INC (MLNT) stock?
The current trend direction for MELINTA THERAPEUTICS INC (MLNT) is Bearish.
What is the RSI signal for MELINTA THERAPEUTICS INC (MLNT) stock?
MELINTA THERAPEUTICS INC (MLNT) has an RSI value of 26.4208. This indicates that the stock is currently oversold.
Can you provide the MACD signal for MELINTA THERAPEUTICS INC?
The MACD indicator for MELINTA THERAPEUTICS INC (MLNT) has a value of -0.0176347, indicating a bearish trend.
What is the buy/sell signal for MLNT stock?
The buy/sell signal for MELINTA THERAPEUTICS INC (MLNT) is sell as both the short term and long term trends are negative.