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 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.
- 97% of all other stocks performed better in the past year than MNKD.
- MNKD is one of the lesser performing stocks in the Biotechnology industry. 84% of 519 stocks in the same industry do better.
- MNKD is currently making a new 52 week low. This is a very bad signal. 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 2.39 - 5.74 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- MNKD has an average volume of 5911220 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
The technical rating of MNKD 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
MNKD Support and Resistance Analysis
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 | 3.93 | NEGATIVE | MNKD has a low relative strength, it was outperformed by 96.07% 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) | 19.69 | OVERSOLD | The low RSI value suggests MNKD may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests MNKD has a positive trend. |
| Stochastics (14,3) | 7.93 | OVERSOLD | The low Stochastics value suggests MNKD may be oversold. |
| Average True Range in percent/ATR (20) | 12.96 | HIGH VOLATILITY | The high ATR as a percentage value for MNKD suggests high volalility. |
| Average Directional Index/ADX (14) | 50.73 | 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
2.44
-0.03 (-1.21%)
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 19.6942. 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.