USA - NYSEARCA:MLSS - US59935P2092 - Common Stock
We assign a technical rating of 0 out of 10 to MLSS. MLSS scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of MLSS is bad and it also does not present a quality setup 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.
0.30
We can see 2 important resistance areas.
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 | DOWN | NEGATIVE | The short term trend for MLSS is down. |
| ChartMill Relative Strength | 4.15 | NEGATIVE | MLSS has a low relative strength, it was outperformed by 95.85% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MLSS is below a declining 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) | 31.79 | NEUTRAL | The RSI value for MLSS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests MLSS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 14.78 | OVERSOLD | The low Stochastics value suggests MLSS may be oversold. |
| Average True Range in percent/ATR (20) | 14.24 | HIGH VOLATILITY | The high ATR as a percentage value for MLSS suggests high volalility. |
| Average Directional Index/ADX (14) | 16.24 | NEGATIVE | The low ADX value for MLSS suggests a weak or negative trend. |
0.3057
-0.01 (-4.47%)
ChartMill assigns a technical rating of 0 / 10 to MLSS.
The current trend direction for MILESTONE SCIENTIFIC INC (MLSS) is Bearish.
MILESTONE SCIENTIFIC INC (MLSS) has an RSI value of 31.7871. This indicates that the stock is currently neutral.
The buy/sell signal for MILESTONE SCIENTIFIC INC (MLSS) is sell as both the short term and long term trends are negative.
MILESTONE SCIENTIFIC INC (MLSS) has a resistance level at 0.4. Check the full technical report for our detailed analysis of MLSS support and resistance levels.