We assign a technical rating of 4 out of 10 to MNKD. MNKD has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- MNKD is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so MNKD is lagging the market slightly.
- In the last month MNKD has a been trading in the 5.03 - 6.51 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- MNKD has an average volume of 3501470 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- When comparing the performance of all stocks over the past year, MNKD turns out to be only a medium performer in the overall market: it outperformed 45% of all stocks.
- MNKD is part of the Biotechnology industry. There are 525 other stocks in this industry, MNKD did better than 55% of them.
MNKD has an average technical rating and also the quality of the setup is 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
4.83
When analyzing the support we can see 2 important areas.
- A support zone ranging from 5.20 to 5.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @4.88 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 5.71 to 5.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @5.95 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 6.06 to 6.07. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for MNKD is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MNKD is neutral. |
| ChartMill Relative Strength | 45.86 | NEUTRAL | MNKD is not amongst the best or worst performers 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) | UP | POSITIVE | The current price of MNKD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MNKD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.46 | NEUTRAL | The RSI value for MNKD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests MNKD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 26.18 | NEUTRAL | The Stochastics value for MNKD is a neutral value. |
| Average True Range in percent/ATR (20) | 3.94 | MEDIUM VOLATILITY | The ATR as a percentage value for MNKD suggests some volalility. |
| Average Directional Index/ADX (14) | 25.49 | POSITIVE | The high ADX value value for MNKD suggests a strong trend. |
5.71
+0.22 (+4.01%)
MANNKIND CORP / MNKD FAQ
What is the technical rating for MNKD stock?
ChartMill assigns a technical rating of 4 / 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 51.4583. This indicates that the stock is currently neutral.
What are the support and resistance levels for MANNKIND CORP (MNKD) stock?
MANNKIND CORP (MNKD) has a support level at 5.25 and a resistance level at 5.71. Check the full technical report for our detailed analysis of MNKD support and resistance levels.