Taking everything into account, MLYS scores 6 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
MLYS has an average technical rating and the quality of the presented setup is also not ideal 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
35.85
When analyzing the support we can see 2 important areas.
- A support zone ranging from 37.00 to 38.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @36.21 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 40.97 to 41.17. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 43.37 to 43.57. 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 | DOWN | NEGATIVE | The short term trend for MLYS is down. |
| ChartMill Relative Strength | 96.99 | POSITIVE | MLYS has a high relative strength, it outperformed 96.99% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of MLYS is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MLYS is below a declining 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) | 41.31 | NEUTRAL | The RSI value for MLYS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.64 | NEGATIVE | The MACD value suggests MLYS has a negative trend. |
| Stochastics (14,3) | 32.28 | NEUTRAL | The Stochastics value for MLYS is a neutral value. |
| Average True Range in percent/ATR (20) | 8.54 | HIGH VOLATILITY | The high ATR as a percentage value for MLYS suggests high volalility. |
| Average Directional Index/ADX (14) | 19.63 | NEGATIVE | The low ADX value for MLYS suggests a weak or negative trend. |
38.5
-0.41 (-1.05%)
MINERALYS THERAPEUTICS INC / MLYS FAQ
What is the technical rating for MLYS stock?
ChartMill assigns a technical rating of 6 / 10 to MLYS.
Can you provide the trend direction for MINERALYS THERAPEUTICS INC?
The current trend direction for MINERALYS THERAPEUTICS INC (MLYS) is Bullish.
Can you provide the RSI signal for MINERALYS THERAPEUTICS INC?
MINERALYS THERAPEUTICS INC (MLYS) has an RSI value of 41.3131. This indicates that the stock is currently neutral.
Can you provide the MACD signal for MINERALYS THERAPEUTICS INC?
The MACD indicator for MINERALYS THERAPEUTICS INC (MLYS) has a value of -0.638193, indicating a bearish trend.
What is the support and resistance level for MLYS stock?
MINERALYS THERAPEUTICS INC (MLYS) has a support level at 38.01 and a resistance level at 40.97. Check the full technical report for our detailed analysis of MLYS support and resistance levels.