MANNKIND CORP (MNKD)
US56400P7069 - Common Stock
Overall MNKD gets a technical rating of 7 out of 10. Although MNKD is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
Both the short term and long term trends are positive. This is a very positive sign.
MNKD is part of the Biotechnology industry. There are 587 other stocks in this industry. MNKD outperforms 74% of them.
In the last month MNKD has a been trading in the 3.97 - 4.53 range, which is quite wide. It is currently trading near the high of this range.
MNKD has an average volume of 3177130 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that MNKD is one of the better performing stocks in the market, outperforming 77% of all stocks. However, this relatively good performance is mostly due to a recent big move.
MNKD is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MNKD is lagging the market.
MNKD has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 4.48. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 4.29, a Stop Loss order could be placed below this zone.
More info and screens
3.30
5.30
We found 3 important support areas.
- A support zone ranging from 4.14 to 4.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @4.04 from a horizontal line in the daily time frame.
- A support zone ranging from 3.33 to 3.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 4.43 to 4.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 5.21 to 5.25. This zone is formed by a combination of multiple trend lines in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.31
Mansfield-0.34
10 Day High4.53
10 Day Low4.11
20 Day High4.53
20 Day Low3.97
52 Week High5.75
52 Week Low3.17
Performance
1 Week8.76%
2 Weeks7.45%
1 Month0.68%
3 Month27.35%
6 Month30.32%
12 Month5.67%
2 Year6.94%
3 Year1.13%
5 Year285.35%
10 Year-89.96%
15 Year-86.41%
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)
Technical Indicators
MACD(12,26,9)0.04
RSI(14)58.04
LBB4.01
UBB4.49
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 4.49 | 4.13 | 0.36 (8.02%) | 12.47% |
| An entry @4.49. This is a Buy Stop order right above the resistance zone. | An exit @4.13. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.36 points, which is 8.02%. | When investing 12.47% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
MANNKIND CORP
NASDAQ:MNKD (5/8/2024, 11:48:34 AM)
4.41
-0.06 (-1.34%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-1.34%
1 Week8.76%
2 Weeks7.45%
1 Month0.68%
3 Month27.35%
6 Month30.32%
12 Month5.67%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.17
ATR(20)%3.91%
ATR Inc
Range Today0.09
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High4.53
10 Day Low4.11
20 Day High4.53
20 Day Low3.97
52 Week High5.75
52 Week Low3.17
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume531.59K
Volume Incr-2.9%
Vol(5)1.95M
Vol(50)3.18M