MOONLAKE IMMUNOTHERAPEUTICS (MLTX) Technical Analysis
NASDAQ:MLTX • KY61559X1045
Current stock price
MLTX Technical Rating and Analysis
Taking everything into account, MLTX scores 0 out of 10 in our technical rating. MLTX'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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, MLTX is a bad performer in the overall market: 90% of all stocks are doing better.
- MLTX is part of the Biotechnology industry. There are 515 other stocks in this industry, of which 72% are performing better than MLTX.
- MLTX is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month MLTX has a been trading in the 15.77 - 19.73 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- MLTX has an average volume of 1143730 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
13.99
When analyzing the support we can see 2 important areas.
- A support zone ranging from 16.10 to 16.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @14.13 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 18.34 to 18.34. 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 | 10.34 | NEGATIVE | MLTX has a low relative strength, it was outperformed by 89.66% 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) | DOWN | NEGATIVE | The current price of MLTX is below a declining 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) | 40.48 | NEUTRAL | The RSI value for MLTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.22 | NEGATIVE | The MACD value suggests MLTX has a negative trend. |
| Stochastics (14,3) | 5.77 | OVERSOLD | The low Stochastics value suggests MLTX may be oversold. |
| Average True Range in percent/ATR (20) | 6.81 | HIGH VOLATILITY | The high ATR as a percentage value for MLTX suggests high volalility. |
| Average Directional Index/ADX (14) | 14.05 | NEGATIVE | The low ADX value for MLTX suggests a weak or negative trend. |
MLTX Chart- and CandleStick Pattern Analysis
MLTX Technicals: Chart, Performance Metrics, Trend & Indicators
16.11
-0.55 (-3.3%)
MOONLAKE IMMUNOTHERAPEUTICS / MLTX TA FAQ
Can you provide the ChartMill technical rating for MOONLAKE IMMUNOTHERAPEUTICS?
ChartMill assigns a technical rating of 0 / 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 MLTX stock?
MOONLAKE IMMUNOTHERAPEUTICS (MLTX) has an RSI value of 40.4768. This indicates that the stock is currently neutral.
What is the MACD signal for MLTX stock?
The MACD indicator for MOONLAKE IMMUNOTHERAPEUTICS (MLTX) has a value of -0.216201, indicating a bearish trend.
What is the short term momentum for MLTX stock?
The short term momentum for MOONLAKE IMMUNOTHERAPEUTICS (MLTX) is negative.