MANNKIND CORP (MNKD) Stock Technical Analysis
NASDAQ:MNKD - US56400P7069 - Common Stock
4.59 USD
+0.1 (+2.23%)
4.61 USD
+0.02 (+0.44%)
Taking everything into account, MNKD scores 5 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. MNKD was also a bad performer in the overall market in the last year.
83% 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. Certainly not because the S&P500 Index is trading near new highs.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month MNKD has a been trading in the 3.38 - 4.62 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
MNKD has an average volume of 3429560 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
MNKD is an average performer in the Biotechnology industry, it outperforms 50% of 542 stocks in the same industry.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
MNKD has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
3.49
4.65
When analyzing the support we notice one important area.
- Support @3.53 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 4.60 to 4.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The short term trend for MNKD is up. |
| ChartMill Relative Strength | 17.73 | NEGATIVE | MNKD has a low relative strength, it was outperformed by 82.27% 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) | UP | POSITIVE | The current price of MNKD is above the rising 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) | 68.16 | NEUTRAL | The RSI value for MNKD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests MNKD has a positive trend. |
| Stochastics (14,3) | 92.96 | OVERBOUGHT | The high Stochastics value suggests MNKD may be overbought. |
| Average True Range in percent/ATR (20) | 4.56 | MEDIUM VOLATILITY | The ATR as a percentage value for MNKD suggests some volalility. |
| Average Directional Index/ADX (14) | 18.73 | NEGATIVE | The low ADX value for MNKD suggests a weak or negative 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)
4.59
+0.1 (+2.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg2.23%
1 Week11.68%
2 Weeks23.06%
1 Month22.4%
3 Month10.6%
6 Month-14.04%
12 Month-26.68%
2 Year-0.43%
3 Year25.75%
5 Year163.79%
10 Year-75.78%
15 Year-83.46%
Volatility
ATR(14)0.19
ATR(20)%4.56%
ATR Inc-21.2%
Range Today0.12
ADR(20)0.18
ADR(20)%3.91%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.73
Mansfield-2.17
10 Day High4.62
10 Day Low3.74
20 Day High4.62
20 Day Low3.38
52 Week High7.63
52 Week Low3.38
CS1 End3.53
CR1 Start4.6
Volume & EV
DER(3)1.16%
DER(5)4.35%
Volume4.21M
Volume Incr78.45%
Vol(5)5.66M
Vol(50)3.43M