MONDAY.COM LTD (MNDY) Stock Technical Analysis
USA - NASDAQ:MNDY - IL0011762130 - Common Stock
Overall MNDY gets a technical rating of 3 out of 10. In the past year, MNDY was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
MNDY has a poor technical rating and the quality of the setup is also not perfect 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.
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169.74
3 important support areas can be observed.
- A support zone ranging from 187.61 to 190.25. 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 175.73 to 178.07. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A support zone ranging from 171.45 to 172.15. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 219.16 to 219.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 302.60 to 303.14. 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 | UP | POSITIVE | The short term trend for MNDY is up. |
| ChartMill Relative Strength | 7.72 | NEGATIVE | MNDY has a low relative strength, it was outperformed by 92.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MNDY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MNDY is above the rising 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) | 57.24 | NEUTRAL | The RSI value for MNDY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.4 | POSITIVE | The MACD value suggests MNDY has a positive trend. |
| Stochastics (14,3) | 87.72 | OVERBOUGHT | The high Stochastics value suggests MNDY may be overbought. |
| Average True Range in percent/ATR (20) | 4.11 | MEDIUM VOLATILITY | The ATR as a percentage value for MNDY suggests some volalility. |
| Average Directional Index/ADX (14) | 21.05 | NEUTRAL | The ADX value for MNDY suggests a possible start of a new trend. |
200.52
+1.74 (+0.88%)
MONDAY.COM LTD / MNDY FAQ
What is the technical rating for MNDY stock?
ChartMill assigns a technical rating of 3 / 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 57.2357. This indicates that the stock is currently neutral.
What is the MACD signal for MNDY stock?
The MACD indicator for MONDAY.COM LTD (MNDY) has a value of 2.39733, indicating a bullish trend.
What is the support and resistance level for MNDY stock?
MONDAY.COM LTD (MNDY) has a support level at 190.25 and a resistance level at 219.16. Check the full technical report for our detailed analysis of MNDY support and resistance levels.