MOONLAKE IMMUNOTHERAPEUTICS (MLTX) Stock Technical Analysis
NASDAQ:MLTX - Nasdaq - KY61559X1045 - Common Stock - Currency: USD
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 short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
70% of all other stocks performed better in the past year than MLTX.
MLTX is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
MLTX is part of the Biotechnology industry. There are 563 other stocks in this industry. MLTX outperforms 75% of them.
In the last month MLTX has a been trading in the 31.90 - 42.90 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
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
34.54
55.95
When analyzing the support we notice one important area.
- A support zone ranging from 34.89 to 35.28. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We can see 4 important resistance areas.
- Resistance @41.56 from a trend line in the daily time frame.
- A resistance zone ranging from 42.33 to 42.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @52.14 from a trend line in the weekly time frame.
- A resistance zone ranging from 55.28 to 55.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.49
Mansfield-1.47
10 Day High42.9
10 Day Low36.75
20 Day High42.9
20 Day Low31.9
52 Week High58.26
52 Week Low31.42
Performance
1 Week-9.1%
2 Weeks-2.41%
1 Month13.25%
3 Month-14.62%
6 Month-25.7%
12 Month-5.99%
2 Year41.38%
3 Year397.67%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.08
RSI(14)47.49
LBB37.27
UBB42.73
38.47
-1.27 (-3.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-3.2%
1 Week-9.1%
2 Weeks-2.41%
1 Month13.25%
3 Month-14.62%
6 Month-25.7%
12 Month-5.99%
2 Year41.38%
3 Year397.67%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.22
ATR(20)%5.49%
ATR Inc47.54%
Range Today2.68
ADR(20)2.08
ADR(20)%5.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS30.49
Mansfield-1.47
10 Day High42.9
10 Day Low36.75
20 Day High42.9
20 Day Low31.9
52 Week High58.26
52 Week Low31.42
CS1 End35.28
CR1 Start41.56
Volume & EV
DER(3)0.28%
DER(5)-0.21%
Volume273.50K
Volume Incr-5.26%
Vol(5)442.08K
Vol(50)455.22K