MILESTONE SCIENTIFIC INC (MLSS) Stock Technical Analysis
USA - NYSEARCA:MLSS - US59935P2092 - Common Stock
0.4435 USD
0 (-0.38%)
0.4559 USD
+0.01 (+2.8%)
Overall MLSS gets a technical rating of 0 out of 10. 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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
95% of all other stocks performed better in the past year than MLSS.
MLSS is part of the Health Care Equipment & Supplies industry. There are 191 other stocks in this industry, of which 75% are performing better than MLSS.
MLSS is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month MLSS has a been trading in the 0.40 - 0.60 range, which is quite wide. It is currently trading near the lows of this range.
Volume is considerably higher in the last couple of days.
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.
More info and screens
0.43
1.11
When analyzing the support we notice one important area.
- Support @0.43 from a horizontal line in the daily time frame.
We can see 4 important resistance areas.
- Resistance @0.52 from a trend line in the daily time frame.
- Resistance @0.62 from a trend line in the daily time frame.
- Resistance @0.68 from a trend line in the weekly time frame.
- Resistance @1.10 from a horizontal line in the weekly time frame.
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 | 5.33 | NEGATIVE | MLSS has a low relative strength, it was outperformed by 94.67% 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) | 37.58 | 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) | 26.53 | NEUTRAL | The Stochastics value for MLSS is a neutral value. |
| Average True Range in percent/ATR (20) | 6.83 | HIGH VOLATILITY | The high ATR as a percentage value for MLSS suggests high volalility. |
| Average Directional Index/ADX (14) | 29.09 | POSITIVE | The high ADX value value for MLSS suggests a strong 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)
0.4435
0 (-0.38%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-0.38%
1 Week-14.5%
2 Weeks0.89%
1 Month-14.5%
3 Month-28.28%
6 Month-50.86%
12 Month-48.24%
2 Year-49.21%
3 Year-38.4%
5 Year-71.2%
10 Year-83.57%
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%6.83%
ATR Inc16.92%
Range Today0.02
ADR(20)0.03
ADR(20)%6.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.33
Mansfield-5.27
10 Day High0.6
10 Day Low0.43
20 Day High0.6
20 Day Low0.4
52 Week High1.39
52 Week Low0.38
CS1 End0.43
CR1 Start0.52
Volume & EV
DER(3)-2.4%
DER(5)-2.92%
Volume180.00K
Volume Incr17.48%
Vol(5)217.02K
Vol(50)141.50K