MONDAY.COM LTD (MNDY) Stock Technical Analysis
NASDAQ:MNDY - IL0011762130 - Common Stock
177.89 USD
+6.43 (+3.75%)
178.01 USD
+0.12 (+0.07%)
We assign a technical rating of 0 out of 10 to MNDY. MNDY 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 negative, as is the long term trend. There should be more interesting stocks out there.
95% of all other stocks performed better in the past year than MNDY.
MNDY is one of the lesser performing stocks in the Software industry. 84% of 283 stocks in the same industry do better.
MNDY is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month MNDY has a been trading in the 166.22 - 295.00 range, which is quite wide. It is currently trading near the lows of this range.
MNDY has an average volume of 1007700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
MNDY has a poor technical rating and the quality of the setup is also only medium 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
169.74
312.19
When analyzing the support we can see 2 important areas.
- A support zone ranging from 175.53 to 175.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @171.45 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 177.90 to 179.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 264.26 to 267.53. 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 307.30 to 309.10. 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 | 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 | 5.3 | NEGATIVE | MNDY has a low relative strength, it was outperformed by 94.7% 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) | 24.94 | OVERSOLD | The low RSI value suggests MNDY may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.55 | NEGATIVE | The MACD value suggests MNDY has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 6.42 | OVERSOLD | The low Stochastics value suggests MNDY may be oversold. |
| Average True Range in percent/ATR (20) | 7.66 | HIGH VOLATILITY | The high ATR as a percentage value for MNDY suggests high volalility. |
| Average Directional Index/ADX (14) | 48.56 | POSITIVE | The high ADX value value for MNDY 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)
177.89
+6.43 (+3.75%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg3.75%
1 Week1.22%
2 Weeks-28.28%
1 Month-39.13%
3 Month-38.36%
6 Month-40.83%
12 Month-32.47%
2 Year0.25%
3 Year56.46%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)13.87
ATR(20)%7.66%
ATR Inc-42.2%
Range Today9.55
ADR(20)10.16
ADR(20)%5.71%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.3
Mansfield-3.98
10 Day High189.36
10 Day Low166.22
20 Day High295
20 Day Low166.22
52 Week High342.64
52 Week Low166.22
CS1 End175.73
CR1 Start177.9
Volume & EV
DER(3)2.38%
DER(5)0.37%
Volume1.06M
Volume Incr-16.84%
Vol(5)1.34M
Vol(50)1.01M