Taking everything into account, MOB scores 3 out of 10 in our technical rating. MOB's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, MOB is a bad performer in the overall market: 94% of all stocks are doing better.
- MOB is part of the Communications Equipment industry. There are 48 other stocks in this industry, of which 91% are performing better than MOB.
- MOB is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month MOB has a been trading in the 5.86 - 9.78 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.
Although the technical rating is bad, MOB does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 7.89, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for MOB in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
6.18
2 important support areas can be observed.
- A support zone ranging from 7.69 to 7.89. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @6.24 from a trend line in the daily time frame.
We found 1 important resistance area.
- Resistance @9.27 from a horizontal line in the daily time frame.
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 MOB is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MOB is down. |
| ChartMill Relative Strength | 6.35 | NEGATIVE | MOB has a low relative strength, it was outperformed by 93.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MOB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MOB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MOB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 32.85 | NEUTRAL | The RSI value for MOB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 3.39 | POSITIVE | The MACD value suggests MOB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 68.88 | NEUTRAL | The Stochastics value for MOB is a neutral value. |
| Average True Range in percent/ATR (20) | 10.91 | HIGH VOLATILITY | The high ATR as a percentage value for MOB suggests high volalility. |
| Average Directional Index/ADX (14) | 42.91 | POSITIVE | The high ADX value value for MOB suggests a strong trend. |
8.7
-0.56 (-6.05%)
MOBILICOM LTD/AUSTRALIA / MOB FAQ
What is the ChartMill technical rating of MOBILICOM LTD/AUSTRALIA (MOB) stock?
ChartMill assigns a technical rating of 3 / 10 to MOB.
What is the trend direction for MOB stock?
The current trend direction for MOBILICOM LTD/AUSTRALIA (MOB) is Bearish.
What is the RSI signal for MOB stock?
MOBILICOM LTD/AUSTRALIA (MOB) has an RSI value of 32.8477. This indicates that the stock is currently neutral.
What is the MACD signal for MOB stock?
The MACD indicator for MOBILICOM LTD/AUSTRALIA (MOB) has a value of 3.39451, indicating a bullish trend.
What is the support and resistance level for MOB stock?
MOBILICOM LTD/AUSTRALIA (MOB) has a support level at 7.89 and a resistance level at 9.27. Check the full technical report for our detailed analysis of MOB support and resistance levels.