MANNKIND CORP (MNKD) Stock Technical Analysis
NASDAQ:MNKD - Nasdaq - US56400P7069 - Common Stock - Currency: USD
Overall MNKD gets a technical rating of 1 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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
91% of all other stocks performed better in the past year than MNKD.
MNKD is part of the Biotechnology industry. There are 558 other stocks in this industry, of which 61% are performing better than MNKD.
MNKD is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month MNKD has a been trading in the 3.51 - 4.04 range, which is quite wide. It is currently trading near the high of this range.
MNKD has an average volume of 2619650 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
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
3.55
4.61
We found 1 important support area.
- Support @3.59 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 4.04 to 4.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 4.15 to 4.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @4.56 from a trend line 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 | DOWN | NEGATIVE | The long term trend for MNKD is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MNKD is neutral. |
| ChartMill Relative Strength | 9.12 | NEGATIVE | MNKD has a low relative strength, it was outperformed by 90.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MNKD is above the rising 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) | 55.9 | NEUTRAL | The RSI value for MNKD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests MNKD has a positive trend. |
| Stochastics (14,3) | 70.12 | 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) | 23.42 | NEUTRAL | The ADX value for MNKD suggests a possible start of a new trend. |
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)
4.03
+0.26 (+6.9%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg6.9%
1 Week13.84%
2 Weeks7.18%
1 Month5.22%
3 Month-11.23%
6 Month-32.95%
12 Month-29.42%
2 Year-11.82%
3 Year16.81%
5 Year158.33%
10 Year-81.21%
15 Year-88.34%
Volatility
ATR(14)0.16
ATR(20)%3.94%
ATR Inc7.94%
Range Today0.27
ADR(20)0.16
ADR(20)%3.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.12
Mansfield-3.24
10 Day High4.04
10 Day Low3.51
20 Day High4.04
20 Day Low3.51
52 Week High7.63
52 Week Low3.51
CS1 End3.59
CR1 Start4.04
Volume & EV
DER(3)6.27%
DER(5)5.35%
Volume2.97M
Volume Incr-28.95%
Vol(5)2.53M
Vol(50)2.62M