MILESTONE SCIENTIFIC INC (MLSS) Stock Technical Analysis
NYSEARCA:MLSS - US59935P2092 - Common Stock
0.5901 USD
-0.01 (-2.01%)
0.63 USD
+0.04 (+6.76%)
We assign a technical rating of 1 out of 10 to MLSS. MLSS'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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, MLSS is a bad performer in the overall market: 96% of all stocks are doing better.
MLSS is part of the Health Care Equipment & Supplies industry. There are 190 other stocks in this industry, of which 78% are performing better than MLSS.
MLSS is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month MLSS has a been trading in the 0.45 - 0.68 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.
MLSS has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 0.65. Right above this resistance zone may be a good entry point.
More info and screens
0.57
0.81
We found 1 important support area.
- A support zone ranging from 0.58 to 0.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 0.65 to 0.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 0.80 to 0.80. 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 | DOWN | NEGATIVE | The long term trend for MLSS is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MLSS is neutral. |
| ChartMill Relative Strength | 4.12 | NEGATIVE | MLSS has a low relative strength, it was outperformed by 95.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of MLSS is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MLSS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MLSS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.42 | NEUTRAL | The RSI value for MLSS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests MLSS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 49.38 | NEUTRAL | The Stochastics value for MLSS is a neutral value. |
| Average True Range in percent/ATR (20) | 10.34 | HIGH VOLATILITY | The high ATR as a percentage value for MLSS suggests high volalility. |
| Average Directional Index/ADX (14) | 15.99 | NEGATIVE | The low ADX value for MLSS suggests a weak or negative 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)
0.5901
-0.01 (-2.01%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-2.01%
1 Week-1.65%
2 Weeks-9.22%
1 Month37.01%
3 Month-36.04%
6 Month-37.22%
12 Month-46.35%
2 Year-44.85%
3 Year-38.53%
5 Year-60.66%
10 Year-78.06%
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%10.34%
ATR Inc-10.67%
Range Today0.05
ADR(20)0.06
ADR(20)%9.99%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.12
Mansfield-4.01
10 Day High0.68
10 Day Low0.57
20 Day High0.68
20 Day Low0.45
52 Week High1.39
52 Week Low0.38
CS1 End0.58
CR1 Start0.65
Volume & EV
DER(3)-29.49%
DER(5)-7.91%
Volume42.70K
Volume Incr-94.48%
Vol(5)52.06K
Vol(50)434.71K