USA - NASDAQ:MLTX - KY61559X1045 - Common Stock
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.
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.
9.02
When analyzing the support we notice one important area.
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 | 0.58 | NEGATIVE | MLTX has a low relative strength, it was outperformed by 99.42% 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) | 31.75 | NEUTRAL | The RSI value for MLTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.62 | POSITIVE | The MACD value suggests MLTX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 81.89 | OVERBOUGHT | The high Stochastics value suggests MLTX may be overbought. |
| Average True Range in percent/ATR (20) | 6.11 | HIGH VOLATILITY | The high ATR as a percentage value for MLTX suggests high volalility. |
| Average Directional Index/ADX (14) | 46.67 | POSITIVE | The high ADX value value for MLTX suggests a strong trend. |
10.59
+0.46 (+4.54%)
ChartMill assigns a technical rating of 1 / 10 to MLTX.
The current trend direction for MOONLAKE IMMUNOTHERAPEUTICS (MLTX) is Bearish.
MOONLAKE IMMUNOTHERAPEUTICS (MLTX) has an RSI value of 31.7501. This indicates that the stock is currently neutral.
The short term momentum for MOONLAKE IMMUNOTHERAPEUTICS (MLTX) is negative.
MOONLAKE IMMUNOTHERAPEUTICS (MLTX) has a support level at 9.11. Check the full technical report for our detailed analysis of MLTX support and resistance levels.