Menlo Therapeutics Inc (MNLO) Technical Analysis
NASDAQ:MNLO
Current stock price
MNLO Technical Rating and Analysis
Overall MNLO gets a technical rating of 0 out of 10. MNLO 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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, MNLO is a bad performer in the overall market: 97% of all stocks are doing better.
- MNLO is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so MNLO is lagging the market.
- In the last month MNLO has a been trading in the 1.30 - 1.71 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.
- MNLO has an average volume of 2512120 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
MNLO Weekly and Daily overview Charts
MNLO Setup Rating and Analysis
The technical rating of MNLO 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
MNLO Support and Resistance Analysis
1.34
We can see 3 important resistance areas.
- Resistance @1.39 from a trend line in the daily time frame.
- A resistance zone ranging from 1.44 to 1.45. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 1.53 to 1.53. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
MNLO Technical Indicator Signal Analysis
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 MNLO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MNLO is down. |
| ChartMill Relative Strength | 3.04 | NEGATIVE | MNLO has a low relative strength, it was outperformed by 96.96% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MNLO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MNLO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MNLO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 32.99 | NEUTRAL | The RSI value for MNLO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests MNLO has a negative trend. |
| Stochastics (14,3) | 14.52 | OVERSOLD | The low Stochastics value suggests MNLO may be oversold. |
| Average True Range in percent/ATR (20) | 6.96 | HIGH VOLATILITY | The high ATR as a percentage value for MNLO suggests high volalility. |
MNLO Chart- and CandleStick Pattern Analysis
MNLO Technicals: Chart, Performance Metrics, Trend & Indicators
1.35
-0.03 (-2.17%)
Menlo Therapeutics Inc / MNLO TA FAQ
What is the ChartMill technical rating of Menlo Therapeutics Inc (MNLO) stock?
ChartMill assigns a technical rating of 0 / 10 to MNLO.
What is the trend direction for MNLO stock?
The current trend direction for Menlo Therapeutics Inc (MNLO) is Bearish.
Can you provide the RSI signal for Menlo Therapeutics Inc?
Menlo Therapeutics Inc (MNLO) has an RSI value of 32.9902. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for Menlo Therapeutics Inc?
The buy/sell signal for Menlo Therapeutics Inc (MNLO) is sell as both the short term and long term trends are negative.
Can you provide the support and resistance levels for Menlo Therapeutics Inc?
Menlo Therapeutics Inc (MNLO) has a resistance level at 1.39. Check the full technical report for our detailed analysis of MNLO support and resistance levels.