MIND MEDICINE MINDMED INC (MNMD)

CA60255C8850 - Common Stock

8.87  +0.19 (+2.19%)

After market: 8.97 +0.1 (+1.13%)

Technical Rating and Analysis

8

Overall MNMD gets a technical rating of 8 out of 10. In the last year, MNMD was one of the better performers, but we do observe some doubts in the very recent evolution.

In the last month MNMD has a been trading in the 8.26 - 12.22 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.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
Looking at the yearly performance, MNMD did better than 98% of all other stocks.
MNMD is part of the Pharmaceuticals industry. There are 198 other stocks in this industry. MNMD outperforms 97% of them.
MNMD has an average volume of 2703690 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
MNMD is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MNMD is lagging the market slightly.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
MNMD Weekly chart
MNMD Daily chart
Setup Rating and Analysis

5

Although MNMD has an excellent technical rating, the quality of the presented setup is not ideal 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.

Support and Resistance Analysis

4.95

8.96

We found 2 important support areas.

  • A support zone ranging from 8.67 to 8.67. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @5.00 from a trend line in the daily time frame.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.65
Mansfield7.95
10 Day High10.99
10 Day Low8.26
20 Day High12.22
20 Day Low8.26
52 Week High12.22
52 Week Low2.41
Performance
1 Week-10.22%
2 Weeks-11.74%
1 Month-14.96%
3 Month140.38%
6 Month259.11%
12 Month132.2%
2 Year1008.75%
3 Year126.85%
5 YearN/A
10 YearN/A
15 YearN/A
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)-0.34
RSI(14)46.55
LBB8.22
UBB11.48
MNMD Daily chart

MIND MEDICINE MINDMED INC

NASDAQ:MNMD (4/23/2024, 4:20:01 PM)

After market: 8.97 +0.1 (+1.13%)

8.87

+0.19 (+2.19%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg2.19%
1 Week-10.22%
2 Weeks-11.74%
1 Month-14.96%
3 Month140.38%
6 Month259.11%
12 Month132.2%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.84
ATR(20)%10.38%
ATR Inc
Range Today0.56
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 High10.99
10 Day Low8.26
20 Day High12.22
20 Day Low8.26
52 Week High12.22
52 Week Low2.41
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.20M
Volume Incr-46.83%
Vol(5)1.20M
Vol(50)2.70M