MAPLIGHT THERAPEUTICS INC (MPLT) Technical Analysis
NASDAQ:MPLT • US56565P1030
Current stock price
MPLT Technical Rating and Analysis
Taking everything into account, MPLT scores 5 out of 10 in our technical rating. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, MPLT is a bad performer.
- When comparing the yearly performance of all stocks, MPLT is a bad performer in the overall market: 100% of all stocks are doing better.
- MPLT is part of the Biotechnology industry. There are 517 other stocks in this industry, of which 93% are performing better than MPLT.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- In the last month MPLT has a been trading in the 16.30 - 21.51 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
MPLT Weekly and Daily overview Charts
MPLT Setup Rating and Analysis
MPLT has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
MPLT Support and Resistance Analysis
15.90
When analyzing the support we can see 3 important areas.
- Support @18.69 from a trend line in the weekly time frame.
- A support zone ranging from 16.98 to 17.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @16.06 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @19.07 from a horizontal line in the weekly time frame.
- Resistance @19.44 from a trend line in the daily time frame.
- Resistance @19.79 from a horizontal line in the daily time frame.
MPLT 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 | UP | POSITIVE | The long term trend for MPLT is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MPLT is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | MPLT has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MPLT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MPLT is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 54.76 | NEUTRAL | The RSI value for MPLT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests MPLT has a positive trend. |
| Stochastics (14,3) | 48.61 | NEUTRAL | The Stochastics value for MPLT is a neutral value. |
| Average True Range in percent/ATR (20) | 7.41 | HIGH VOLATILITY | The high ATR as a percentage value for MPLT suggests high volalility. |
| Average Directional Index/ADX (14) | 20.43 | NEUTRAL | The ADX value for MPLT suggests a possible start of a new trend. |
MPLT Chart- and CandleStick Pattern Analysis
MPLT Technicals: Chart, Performance Metrics, Trend & Indicators
18.71
+0.16 (+0.86%)
MAPLIGHT THERAPEUTICS INC / MPLT TA FAQ
What is the technical rating for MPLT stock?
ChartMill assigns a technical rating of 5 / 10 to MPLT.
Can you provide the trend direction for MAPLIGHT THERAPEUTICS INC?
The current trend direction for MAPLIGHT THERAPEUTICS INC (MPLT) is Bullish.
What is the RSI signal for MAPLIGHT THERAPEUTICS INC (MPLT) stock?
MAPLIGHT THERAPEUTICS INC (MPLT) has an RSI value of 54.7588. This indicates that the stock is currently neutral.
What is the short term momentum for MPLT stock?
The short term momentum for MAPLIGHT THERAPEUTICS INC (MPLT) is neutral.