MANNKIND CORP (MNKD) Technical Analysis
NASDAQ:MNKD • US56400P7069
Current stock price
MNKD Technical Rating and Analysis
Overall MNKD gets a technical rating of 0 out of 10. MNKD'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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, MNKD is a bad performer in the overall market: 96% of all stocks are doing better.
- MNKD is one of the lesser performing stocks in the Biotechnology industry. 83% of 518 stocks in the same industry do better.
- MNKD is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so MNKD is lagging the market.
- In the last month MNKD has a been trading in the 2.52 - 5.74 range, which is quite wide. It is currently trading near the lows of this range.
- MNKD has an average volume of 5566990 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
MNKD Weekly and Daily overview Charts
MNKD Setup Rating and Analysis
MNKD 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
MNKD Support and Resistance Analysis
2.74
When analyzing the resistance we notice 2 important areas.
- Resistance @2.83 from a horizontal line in the daily time frame.
- Resistance @6.06 from a horizontal line in the daily time frame.
MNKD Technical Indicator Signal Analysis
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 MNKD is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MNKD is down. |
| ChartMill Relative Strength | 4.87 | NEGATIVE | MNKD has a low relative strength, it was outperformed by 95.13% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MNKD is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MNKD is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MNKD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 23.34 | OVERSOLD | The low RSI value suggests MNKD may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests MNKD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 8.41 | OVERSOLD | The low Stochastics value suggests MNKD may be oversold. |
| Average True Range in percent/ATR (20) | 11.82 | HIGH VOLATILITY | The high ATR as a percentage value for MNKD suggests high volalility. |
| Average Directional Index/ADX (14) | 46.8 | POSITIVE | The high ADX value value for MNKD suggests a strong trend. |
MNKD Chart- and CandleStick Pattern Analysis
MNKD Technicals: Chart, Performance Metrics, Trend & Indicators
2.77
0 (0%)
MANNKIND CORP / MNKD TA FAQ
What is the technical rating for MNKD stock?
ChartMill assigns a technical rating of 0 / 10 to MNKD.
Can you provide the trend direction for MANNKIND CORP?
The current trend direction for MANNKIND CORP (MNKD) is Bearish.
Can you provide the RSI signal for MANNKIND CORP?
MANNKIND CORP (MNKD) has an RSI value of 23.343. This indicates that the stock is currently oversold.
What is the buy/sell signal for MANNKIND CORP (MNKD) stock?
The buy/sell signal for MANNKIND CORP (MNKD) is sell as both the short term and long term trends are negative.
What are the support and resistance levels for MANNKIND CORP (MNKD) stock?
MANNKIND CORP (MNKD) has a resistance level at 2.83. Check the full technical report for our detailed analysis of MNKD support and resistance levels.