MILESTONE SCIENTIFIC INC (MLSS) Stock Technical Analysis
NYSEARCA:MLSS • US59935P2092
Taking everything into account, MLSS scores 0 out of 10 in our technical rating. 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.
- When comparing the yearly performance of all stocks, MLSS is a bad performer in the overall market: 94% of all stocks are doing better.
- MLSS is one of the lesser performing stocks in the Health Care Equipment & Supplies industry. 71% of 185 stocks in the same industry do better.
- 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 0.24 - 0.31 range, which is quite wide. It is currently trading near the lows of this range.
- 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 very little resistance above the current price.
More info and screens
0.26
We can see 3 important resistance areas.
- Resistance @0.28 from a horizontal line in the daily time frame.
- A resistance zone ranging from 0.29 to 0.29. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 0.30 to 0.30. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The short term trend for MLSS is down. |
| ChartMill Relative Strength | 6.85 | NEGATIVE | MLSS has a low relative strength, it was outperformed by 93.15% 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) | 41.06 | 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) | 33.46 | NEUTRAL | The Stochastics value for MLSS is a neutral value. |
| Average True Range in percent/ATR (20) | 8.05 | HIGH VOLATILITY | The high ATR as a percentage value for MLSS suggests high volalility. |
| Average Directional Index/ADX (14) | 18.58 | NEGATIVE | The low ADX value for MLSS suggests a weak or negative trend. |
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MILESTONE SCIENTIFIC INC / MLSS FAQ
Can you provide the ChartMill technical rating for MILESTONE SCIENTIFIC INC?
ChartMill assigns a technical rating of 0 / 10 to MLSS.
What is the current trend direction of MILESTONE SCIENTIFIC INC (MLSS) stock?
The current trend direction for MILESTONE SCIENTIFIC INC (MLSS) is Bearish.
Can you provide the RSI signal for MILESTONE SCIENTIFIC INC?
MILESTONE SCIENTIFIC INC (MLSS) has an RSI value of 41.0583. This indicates that the stock is currently neutral.
Can you provide the MACD signal for MILESTONE SCIENTIFIC INC?
The MACD indicator for MILESTONE SCIENTIFIC INC (MLSS) has a value of 0.000726882, indicating a bearish trend.
Can you provide the buy/sell signal for MILESTONE SCIENTIFIC INC?
The buy/sell signal for MILESTONE SCIENTIFIC INC (MLSS) is sell as both the short term and long term trends are negative.