MOONLAKE IMMUNOTHERAPEUTICS (MLTX) Stock Technical Analysis
USA - NASDAQ:MLTX - KY61559X1045 - Common Stock
Overall MLTX gets a technical rating of 1 out of 10. 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.
MLTX has a poor technical rating and the quality of the setup is also not perfect 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
9.02
We found 1 important support area.
- A support zone ranging from 9.11 to 9.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @10.67 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 MLTX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MLTX is down. |
| ChartMill Relative Strength | 0.48 | NEGATIVE | MLTX has a low relative strength, it was outperformed by 99.52% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MLTX is above the rising 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) | 27.72 | OVERSOLD | The low RSI value suggests MLTX may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.57 | POSITIVE | The MACD value suggests MLTX has a positive trend. |
| Stochastics (14,3) | 51.25 | NEUTRAL | The Stochastics value for MLTX is a neutral value. |
| Average True Range in percent/ATR (20) | 7.86 | HIGH VOLATILITY | The high ATR as a percentage value for MLTX suggests high volalility. |
| Average Directional Index/ADX (14) | 47.88 | POSITIVE | The high ADX value value for MLTX suggests a strong trend. |
10.07
+0.55 (+5.78%)
MOONLAKE IMMUNOTHERAPEUTICS / MLTX FAQ
Can you provide the ChartMill technical rating for MOONLAKE IMMUNOTHERAPEUTICS?
ChartMill assigns a technical rating of 1 / 10 to MLTX.
What is the current trend direction of MOONLAKE IMMUNOTHERAPEUTICS (MLTX) stock?
The current trend direction for MOONLAKE IMMUNOTHERAPEUTICS (MLTX) is Bearish.
Can you provide the RSI signal for MOONLAKE IMMUNOTHERAPEUTICS?
MOONLAKE IMMUNOTHERAPEUTICS (MLTX) has an RSI value of 27.7244. This indicates that the stock is currently oversold.
What is the short term momentum for MLTX stock?
The short term momentum for MOONLAKE IMMUNOTHERAPEUTICS (MLTX) is negative.
What are the support and resistance levels for MOONLAKE IMMUNOTHERAPEUTICS (MLTX) stock?
MOONLAKE IMMUNOTHERAPEUTICS (MLTX) has a support level at 9.16 and a resistance level at 10.67. Check the full technical report for our detailed analysis of MLTX support and resistance levels.