Taking everything into account, MLSS scores 1 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.
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.
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0.34
When analyzing the support we notice one important area.
- Support @0.34 from a horizontal line in the daily 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 | NEUTRAL | NEUTRAL | The short term trend for MLSS is neutral. |
| ChartMill Relative Strength | 6.13 | NEGATIVE | MLSS has a low relative strength, it was outperformed by 93.87% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MLSS is above 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) | 58.77 | NEUTRAL | The RSI value for MLSS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests MLSS has a positive trend. |
| Stochastics (14,3) | 83.63 | OVERBOUGHT | The high Stochastics value suggests MLSS may be overbought. |
| Average True Range in percent/ATR (20) | 9.06 | HIGH VOLATILITY | The high ATR as a percentage value for MLSS suggests high volalility. |
| Average Directional Index/ADX (14) | 13.1 | NEGATIVE | The low ADX value for MLSS suggests a weak or negative trend. |
0.39
+0.03 (+9.83%)
MILESTONE SCIENTIFIC INC / MLSS FAQ
Can you provide the ChartMill technical rating for MILESTONE SCIENTIFIC INC?
ChartMill assigns a technical rating of 1 / 10 to MLSS.
What is the trend direction for MLSS stock?
The current trend direction for MILESTONE SCIENTIFIC INC (MLSS) is Bearish.
What is the RSI signal for MLSS stock?
MILESTONE SCIENTIFIC INC (MLSS) has an RSI value of 58.7672. This indicates that the stock is currently neutral.
What is the support and resistance level for MLSS stock?
MILESTONE SCIENTIFIC INC (MLSS) has a support level at 0.34. Check the full technical report for our detailed analysis of MLSS support and resistance levels.