Taking everything into account, MLSS scores 0 out of 10 in our technical rating. 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.
MLSS has a poor technical rating and the quality of the setup is also not perfect at the moment. Prices have been consolidating lately and the volatility has been reduced.
0.28
When analyzing the resistance we notice 4 important 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 | 4.4 | NEGATIVE | MLSS has a low relative strength, it was outperformed by 95.6% 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) | 39.05 | 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) | 69.78 | NEUTRAL | The Stochastics value for MLSS is a neutral value. |
| Average True Range in percent/ATR (20) | 8.23 | HIGH VOLATILITY | The high ATR as a percentage value for MLSS suggests high volalility. |
| Average Directional Index/ADX (14) | 16.99 | NEGATIVE | The low ADX value for MLSS suggests a weak or negative trend. |
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-0.01 (-1.74%)
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 39.0507. This indicates that the stock is currently neutral.
The MACD indicator for MILESTONE SCIENTIFIC INC (MLSS) has a value of 0.00184073, indicating a bearish trend.
The buy/sell signal for MILESTONE SCIENTIFIC INC (MLSS) is sell as both the short term and long term trends are negative.