MANNKIND CORP (MNKD)       3  -0.07 (-2.28%)

3  -0.07 (-2.28%)

US56400P7069 - Common Stock - Premarket: 2.96 -0.04 (-1.33%)

Technical Rating

0

We assign a technical rating of 0 out of 10 to MNKD. 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.



MNKD has an average volume of 4633140 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
MNKD is part of the Biotechnology industry. There are 638 other stocks in this industry, MNKD did better than 61% of them.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
77% of all other stocks performed better in the past year than MNKD.
MNKD is currently trading in the lower part of its 52 week range, which is not a good signal. On the other hand, the S&P500 Index is also trading in the lower part of its yearly range, so MNKD is not an exception.
In the last month MNKD has a been trading in the 2.99 - 4.05 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.

Statistics

1 Month 3 Months 6 Months 12 Months -19.57% -24.62% -22.68% -33.63% SMA(20) SMA(50) SMA(100) SMA(200) RS 52 Wk Range ST Trend LT Trend 23.89 2.49 - 5.44
MNKD Weekly chart
MNKD Daily chart

Support/Resistance Analysis


2.58

4.40
We found 3 important support areas.
  • Support @2.76 from a trend line in the daily time frame.
  • Support @2.71 from a horizontal line in the weekly time frame.
  • A support zone ranging from 2.61 to 2.62. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 4 important areas.
  • Resistance @3.83 from a trend line in the daily time frame.
  • A resistance zone ranging from 3.98 to 4.00. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Resistance @4.22 from a trend line in the weekly time frame.
  • A resistance zone ranging from 4.34 to 4.36. This zone is formed by a combination of multiple trend lines in multiple time frames.

Setup Analysis

Setup Rating

3

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.


MNKD Daily chart

MANNKIND CORP3

NASDAQ:MNKD (9/26/2022, 7:04:51 PM)-0.07 (-2.28%)

Premarket: 2.96 -0.04 (-1.33%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS Sector Health Care
GICS Industry Biotechnology
Performance
Today -2.28% 1 Week -13.79%
2 Weeks -24.62% 1 Month -19.57%
3 Month -24.62% 6 Month -22.68%
Volatility
ATR(14) 0.21 ATR(20)% 7.54%
ATR Inc -31.8% Range Today 0.13
Trend & SMA
ST Trend LT Trend
SMA(5) SMA(10)
SMA(20) SMA(50)
SMA(100) SMA(200)
Relative Strength & Ranges
CRS 23.89 Mansfield -1.03
10 Day High 4.04 10 Day Low 2.99
20 Day High 4.05 20 Day Low 2.99
52 Week High 5.44 52 Week Low 2.49
CS1 End 2.76 CR1 Start 3.83
Volume & EV
DER(3) -0.27% DER(5) -0.38%
Volume 3.87M Volume Incr -8.74%
Vol(5) 4.83M Vol(50) 4.63M

Technical Stock Screener Links

Screen Image

Technical Stock Screener

Find stocks with similar TA and Setup ratings on the USA

Screen Image

Best Technical Competitors Stock Screener

Find the competitors with the best technical ratings on the USA

Screen Image

Best Technical Setups Competitors Stock Screener

Find the competitors with the best technical and setup ratings on the USA