Taking everything into account, MNDY scores 0 out of 10 in our technical rating. MNDY's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of MNDY 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.
More info and screens
142.42
3 important resistance areas can be observed.
- A resistance zone ranging from 147.79 to 148.69. 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 182.38 to 184.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @196.43 from a trend line in the daily time frame.
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 MNDY is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MNDY is down. |
| ChartMill Relative Strength | 7.71 | NEGATIVE | MNDY has a low relative strength, it was outperformed by 92.29% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MNDY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MNDY is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MNDY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 29.94 | OVERSOLD | The low RSI value suggests MNDY may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.36 | NEGATIVE | The MACD value suggests MNDY has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 9.2 | OVERSOLD | The low Stochastics value suggests MNDY may be oversold. |
| Average True Range in percent/ATR (20) | 6.65 | HIGH VOLATILITY | The high ATR as a percentage value for MNDY suggests high volalility. |
| Average Directional Index/ADX (14) | 38.45 | POSITIVE | The high ADX value value for MNDY suggests a strong trend. |
143.86
-1.11 (-0.77%)
MONDAY.COM LTD / MNDY FAQ
What is the technical rating for MNDY stock?
ChartMill assigns a technical rating of 0 / 10 to MNDY.
What is the current trend direction of MONDAY.COM LTD (MNDY) stock?
The current trend direction for MONDAY.COM LTD (MNDY) is Bearish.
What is the RSI signal for MNDY stock?
MONDAY.COM LTD (MNDY) has an RSI value of 29.9404. This indicates that the stock is currently oversold.
What is the MACD signal for MNDY stock?
The MACD indicator for MONDAY.COM LTD (MNDY) has a value of -1.35673, indicating a bearish trend.
What is the support and resistance level for MNDY stock?
MONDAY.COM LTD (MNDY) has a resistance level at 147.79. Check the full technical report for our detailed analysis of MNDY support and resistance levels.