MOONLAKE IMMUNOTHERAPEUTICS (MLTX) Technical Analysis
NASDAQ:MLTX • KY61559X1045
Current stock price
MLTX Technical Rating and Analysis
Overall MLTX gets a technical rating of 3 out of 10. MLTX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 82% of all other stocks performed better in the past year than MLTX.
- MLTX is part of the Biotechnology industry. There are 517 other stocks in this industry, of which 63% are performing better than MLTX.
- MLTX is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MLTX is lagging the market.
- In the last month MLTX has a been trading in the 16.03 - 19.49 range, which is quite wide. It is currently trading near the lows of this range.
- MLTX has an average volume of 2081120 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
MLTX Weekly and Daily overview Charts
MLTX Setup Rating and Analysis
The technical rating of MLTX 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
MLTX Support and Resistance Analysis
12.98
3 important support areas can be observed.
- A support zone ranging from 16.23 to 16.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 14.86 to 14.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @13.11 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 16.85 to 17.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 18.15 to 18.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
MLTX Technical Indicator Signal Analysis
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 MLTX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MLTX is down. |
| ChartMill Relative Strength | 18.02 | NEGATIVE | MLTX has a low relative strength, it was outperformed by 81.98% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MLTX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of MLTX is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MLTX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.58 | NEUTRAL | The RSI value for MLTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.27 | NEGATIVE | The MACD value suggests MLTX has a negative trend. |
| Stochastics (14,3) | 7.44 | OVERSOLD | The low Stochastics value suggests MLTX may be oversold. |
| Average True Range in percent/ATR (20) | 5.37 | HIGH VOLATILITY | The high ATR as a percentage value for MLTX suggests high volalility. |
| Average Directional Index/ADX (14) | 25.31 | POSITIVE | The high ADX value value for MLTX suggests a strong trend. |
MLTX Chart- and CandleStick Pattern Analysis
MLTX Technicals: Chart, Performance Metrics, Trend & Indicators
16.27
-0.41 (-2.46%)
MOONLAKE IMMUNOTHERAPEUTICS / MLTX TA FAQ
Can you provide the ChartMill technical rating for MOONLAKE IMMUNOTHERAPEUTICS?
ChartMill assigns a technical rating of 3 / 10 to MLTX.
Can you provide the trend direction for MOONLAKE IMMUNOTHERAPEUTICS?
The current trend direction for MOONLAKE IMMUNOTHERAPEUTICS (MLTX) is Bearish.
What is the RSI signal for MOONLAKE IMMUNOTHERAPEUTICS (MLTX) stock?
MOONLAKE IMMUNOTHERAPEUTICS (MLTX) has an RSI value of 41.5822. This indicates that the stock is currently neutral.
Can you provide the short term momentum for MOONLAKE IMMUNOTHERAPEUTICS?
The short term momentum for MOONLAKE IMMUNOTHERAPEUTICS (MLTX) is negative.
What is the buy/sell signal for MOONLAKE IMMUNOTHERAPEUTICS (MLTX) stock?
The buy/sell signal for MOONLAKE IMMUNOTHERAPEUTICS (MLTX) is sell as both the short term and long term trends are negative.