MINERALYS THERAPEUTICS INC (MLYS) Stock Technical Analysis
USA - NASDAQ:MLYS - US6031701013 - Common Stock
43.56 USD
+0.59 (+1.37%)
43.94 USD
+0.38 (+0.87%)
Taking everything into account, MLYS scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, MLYS is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
MLYS is one of the better performing stocks in the Biotechnology industry, it outperforms 97% of 536 stocks in the same industry.
MLYS is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month MLYS has a been trading in the 35.31 - 44.80 range, which is quite wide. It is currently trading near the high of this range.
MLYS has an average volume of 1862590 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, MLYS did better than 98% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
Besides having an excellent technical rating, MLYS also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
37.11
44.00
We found 2 important support areas.
- A support zone ranging from 41.04 to 41.49. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 37.48 to 38.05. 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 | 98.55 | POSITIVE | MLYS has a high relative strength, it outperformed 98.55% 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) | 71.34 | OVERBOUGHT | The high RSI value suggests MLYS may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests MLYS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 85.42 | OVERBOUGHT | The high Stochastics value suggests MLYS may be overbought. |
| Average True Range in percent/ATR (20) | 5 | HIGH VOLATILITY | The high ATR as a percentage value for MLYS suggests high volalility. |
| Average Directional Index/ADX (14) | 42.62 | POSITIVE | The high ADX value value for MLYS 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)
43.56
+0.59 (+1.37%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg1.37%
1 Week3.32%
2 Weeks14.45%
1 Month10.92%
3 Month206.11%
6 Month226.29%
12 Month202.5%
2 Year463.52%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.39
ATR(20)%5%
ATR Inc7.68%
Range Today2.16
ADR(20)2.17
ADR(20)%4.97%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.55
Mansfield14.07
10 Day High44.8
10 Day Low35.32
20 Day High44.8
20 Day Low35.32
52 Week High44.8
52 Week Low8.24
CS1 End41.49
CR1 StartN/A
Volume & EV
DER(3)0.59%
DER(5)0.78%
Volume944.90K
Volume Incr-4.6%
Vol(5)1.41M
Vol(50)1.86M