MINERALYS THERAPEUTICS INC (MLYS) Stock Technical Analysis
NASDAQ:MLYS - US6031701013 - Common Stock
15.48 USD
+0.26 (+1.71%)
15.48 USD
0 (0%)
Overall MLYS gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, MLYS is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
MLYS is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
When comparing the yearly performance of all stocks, we notice that MLYS is one of the better performing stocks in the market, outperforming 70% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
MLYS is part of the Biotechnology industry. There are 542 other stocks in this industry, MLYS did better than 66% of them.
MLYS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MLYS is lagging the market.
Besides having an excellent technical rating, MLYS also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
10.17
17.04
We found 4 important support areas.
- A support zone ranging from 15.35 to 15.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 14.14 to 14.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 13.45 to 13.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @10.27 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 16.87 to 16.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The long term trend for MLYS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MLYS is up. |
| ChartMill Relative Strength | 70.52 | POSITIVE | MLYS has a high relative strength, it outperformed 70.52% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MLYS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MLYS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MLYS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.94 | NEUTRAL | The RSI value for MLYS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests MLYS has a positive trend. |
| Stochastics (14,3) | 85.49 | OVERBOUGHT | The high Stochastics value suggests MLYS may be overbought. |
| Average True Range in percent/ATR (20) | 5.35 | HIGH VOLATILITY | The high ATR as a percentage value for MLYS suggests high volalility. |
| Average Directional Index/ADX (14) | 21.19 | NEUTRAL | The ADX value for MLYS suggests a possible start of a new 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)
15.48
+0.26 (+1.71%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg1.71%
1 Week4%
2 Weeks6.61%
1 Month13.28%
3 Month-0.64%
6 Month69.37%
12 Month24.74%
2 Year20.56%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.9
ATR(20)%5.35%
ATR Inc-29.49%
Range Today0.61
ADR(20)0.82
ADR(20)%5.28%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS70.52
Mansfield0.8
10 Day High15.79
10 Day Low14.26
20 Day High15.79
20 Day Low12.59
52 Week High18.38
52 Week Low8.24
CS1 End15.47
CR1 Start16.87
Volume & EV
DER(3)0.25%
DER(5)2.16%
Volume942.50K
Volume Incr1.97%
Vol(5)899.04K
Vol(50)859.91K