MODERNA INC (MRNA) Technical Analysis
NASDAQ:MRNA • US60770K1079
Current stock price
MRNA Technical Rating and Analysis
Taking everything into account, MRNA scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, MRNA is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that MRNA is one of the better performing stocks in the market, outperforming 91% of all stocks.
- MRNA is part of the Biotechnology industry. There are 516 other stocks in this industry. MRNA outperforms 73% of them.
- MRNA is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so MRNA is lagging the market slightly.
- In the last month MRNA has a been trading in the 47.14 - 56.06 range, which is quite wide. It is currently trading near the high of this range.
- MRNA has an average volume of 8356780 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
MRNA Weekly and Daily overview Charts
MRNA Setup Rating and Analysis
MRNA has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately.
More info and screens
MRNA Support and Resistance Analysis
47.74
We found 2 important support areas.
- A support zone ranging from 52.52 to 53.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 48.22 to 49.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- Resistance @54.60 from a horizontal line in the weekly time frame.
MRNA 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 MRNA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MRNA is up. |
| ChartMill Relative Strength | 91.12 | POSITIVE | MRNA has a high relative strength, it outperformed 91.12% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MRNA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MRNA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MRNA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.19 | NEUTRAL | The RSI value for MRNA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.34 | POSITIVE | The MACD value suggests MRNA has a positive trend. |
| Stochastics (14,3) | 83.45 | OVERBOUGHT | The high Stochastics value suggests MRNA may be overbought. |
| Average True Range in percent/ATR (20) | 4.86 | MEDIUM VOLATILITY | The ATR as a percentage value for MRNA suggests some volalility. |
| Average Directional Index/ADX (14) | 20.7 | NEUTRAL | The ADX value for MRNA suggests a possible start of a new trend. |
MRNA Chart- and CandleStick Pattern Analysis
MRNA Technicals: Chart, Performance Metrics, Trend & Indicators
54.59
+0.87 (+1.62%)
MODERNA INC / MRNA TA FAQ
What is the technical rating for MRNA stock?
ChartMill assigns a technical rating of 10 / 10 to MRNA.
What is the trend direction for MRNA stock?
The current trend direction for MODERNA INC (MRNA) is Bullish.
Can you provide the RSI signal for MODERNA INC?
MODERNA INC (MRNA) has an RSI value of 59.1935. This indicates that the stock is currently neutral.
Can you provide the MACD signal for MODERNA INC?
The MACD indicator for MODERNA INC (MRNA) has a value of 0.335262, indicating a bearish trend.
What is the buy/sell signal for MODERNA INC (MRNA) stock?
The buy/sell signal for MODERNA INC (MRNA) is buy as both the short term and long term trends are positive.