MOONLAKE IMMUNOTHERAPEUTICS (MLTX) Stock Technical Analysis
USA - NASDAQ:MLTX - KY61559X1045 - Common Stock
7.17 USD
+0.92 (+14.81%)
6.91 USD
-0.26 (-3.63%)
We assign a technical rating of 1 out of 10 to MLTX. 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.
When comparing the yearly performance of all stocks, MLTX is a bad performer in the overall market: 100% of all stocks are doing better.
MLTX is part of the Biotechnology industry. There are 536 other stocks in this industry, of which 92% are performing better than MLTX.
MLTX 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 MLTX has a been trading in the 5.95 - 62.75 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.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
MLTX has an average volume of 2910440 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
The technical rating of MLTX is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
7.10
7.24
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 | NEUTRAL | NEUTRAL | The long term trend for MLTX is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MLTX is neutral. |
| ChartMill Relative Strength | 0.28 | NEGATIVE | MLTX has a low relative strength, it was outperformed by 99.72% 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) | 19.39 | OVERSOLD | The low RSI value suggests MLTX may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -4.7 | NEGATIVE | The MACD value suggests MLTX has a negative trend. |
| Stochastics (14,3) | 32.1 | NEUTRAL | The Stochastics value for MLTX is a neutral value. |
| Average True Range in percent/ATR (20) | 78.16 | HIGH VOLATILITY | The high ATR as a percentage value for MLTX suggests high volalility. |
| Average Directional Index/ADX (14) | 25.36 | POSITIVE | The high ADX value value for MLTX suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
7.17
+0.92 (+14.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg14.81%
1 Week-86.35%
2 Weeks-86.54%
1 Month-87.76%
3 Month-85.33%
6 Month-80.73%
12 Month-87.03%
2 Year-87.42%
3 Year-7.6%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)6.73
ATR(20)%78.16%
ATR Inc798.26%
Range Today1.4
ADR(20)2.85
ADR(20)%39.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.28
Mansfield-8.61
10 Day High62.75
10 Day Low5.95
20 Day High62.75
20 Day Low5.95
52 Week High62.75
52 Week Low5.95
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-1.39%
DER(5)-0.56%
Volume36.57M
Volume Incr2959.63%
Vol(5)23.68M
Vol(50)2.91M