We assign a technical rating of 6 out of 10 to MNPR. Although MNPR is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Looking at the yearly performance, MNPR did better than 94% of all other stocks. On top of that, MNPR also shows a nice and consistent pattern of rising prices.
- MNPR is one of the better performing stocks in the Biotechnology industry, it outperforms 84% of 528 stocks in the same industry.
- In the last month MNPR has a been trading in the 56.15 - 74.34 range, which is quite wide. It is currently trading near the high of this range.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- MNPR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MNPR is lagging the market.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
MNPR has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 63.73, a Stop Loss order could be placed below this zone.
More info and screens
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We found 6 important support areas.
- A support zone ranging from 63.00 to 63.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @61.06 from a horizontal line in the daily time frame.
- Support @43.67 from a trend line in the weekly time frame.
- Support @35.23 from a trend line in the weekly time frame.
- Support @31.73 from a horizontal line in the weekly time frame.
- Support @30.01 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 70.01 to 70.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 81.59 to 82.61. 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 MNPR is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MNPR is neutral. |
| ChartMill Relative Strength | 94.5 | POSITIVE | MNPR has a high relative strength, it outperformed 94.5% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MNPR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MNPR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MNPR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.46 | NEUTRAL | The RSI value for MNPR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.13 | POSITIVE | The MACD value suggests MNPR has a positive trend. |
| Stochastics (14,3) | 83.35 | OVERBOUGHT | The high Stochastics value suggests MNPR may be overbought. |
| Average True Range in percent/ATR (20) | 7.42 | HIGH VOLATILITY | The high ATR as a percentage value for MNPR suggests high volalility. |
| Average Directional Index/ADX (14) | 15.75 | NEGATIVE | The low ADX value for MNPR suggests a weak or negative trend. |
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+0.93 (+1.35%)
MONOPAR THERAPEUTICS INC / MNPR FAQ
What is the ChartMill technical rating of MONOPAR THERAPEUTICS INC (MNPR) stock?
ChartMill assigns a technical rating of 6 / 10 to MNPR.
What is the current trend direction of MONOPAR THERAPEUTICS INC (MNPR) stock?
The current trend direction for MONOPAR THERAPEUTICS INC (MNPR) is Bearish.
What is the RSI signal for MNPR stock?
MONOPAR THERAPEUTICS INC (MNPR) has an RSI value of 51.4567. This indicates that the stock is currently neutral.
What is the MACD signal for MNPR stock?
The MACD indicator for MONOPAR THERAPEUTICS INC (MNPR) has a value of 1.13351, indicating a bullish trend.
What is the short term momentum for MNPR stock?
The short term momentum for MONOPAR THERAPEUTICS INC (MNPR) is neutral.