MODERNA INC (MRNA) Technical Analysis
NASDAQ:MRNA • US60770K1079
Current stock price
52.84 USD
+2.16 (+4.26%)
At close:
52.9348 USD
+0.09 (+0.18%)
After Hours:
MRNA Technical Rating and Analysis
Overall MRNA gets a technical rating of 9 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- 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!
- Looking at the yearly performance, MRNA did better than 92% of all other stocks. We also observe that the gains produced by MRNA over the past year are nicely spread over this period.
- MRNA is part of the Biotechnology industry. There are 516 other stocks in this industry. MRNA outperforms 74% 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.
- MRNA has an average volume of 8688120 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month MRNA has a been trading in the 47.14 - 56.51 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
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. There is very little resistance above the current price.
More info and screens
MRNA Support and Resistance Analysis
47.23
54.12
We found 2 important support areas.
- A support zone ranging from 49.19 to 49.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 47.71 to 48.22. 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 @53.58 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 | NEUTRAL | NEUTRAL | The short term trend for MRNA is neutral. |
| ChartMill Relative Strength | 92.88 | POSITIVE | MRNA has a high relative strength, it outperformed 92.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of MRNA is above a declining 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) | 55.93 | NEUTRAL | The RSI value for MRNA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests MRNA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 57.74 | NEUTRAL | The Stochastics value for MRNA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.02 | HIGH VOLATILITY | The high ATR as a percentage value for MRNA suggests high volalility. |
| Average Directional Index/ADX (14) | 19.57 | NEGATIVE | The low ADX value for MRNA suggests a weak or negative trend. |
MRNA Chart- and CandleStick Pattern Analysis
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)
MRNA Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 53.59 | 49.18 | 4.41 (8.23%) | 12.15% |
| An entry @53.59. This is a Buy Stop order right above the resistance zone. | An exit @49.18. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 4.41 points, which is 8.23%. | When investing 12.15% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
MRNA Technicals: Chart, Performance Metrics, Trend & Indicators
52.84
+2.16 (+4.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg4.26%
1 Week5.45%
2 Weeks9.56%
1 Month-0.88%
3 Month26.32%
6 Month103.15%
12 Month113.8%
2 Year-52.1%
3 Year-60.24%
5 Year-70.45%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.71
ATR(20)%5.02%
ATR Inc3.11%
Range Today2.95
ADR(20)2.53
ADR(20)%4.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.88
3 months CRS93.94
6 months CRS98.06
Mansfield4.95
10 Day High53
10 Day Low47.4
20 Day High56.51
20 Day Low47.14
52 Week High59.55
52 Week Low22.28
CS1 End49.62
CR1 Start53.58
Volume & EV
DER(3)2.26%
DER(5)1.7%
Volume5.42M
Volume Incr-13.83%
Vol(5)5.53M
Vol(50)8.69M
MODERNA INC / MRNA TA FAQ
What is the technical rating for MRNA stock?
ChartMill assigns a technical rating of 9 / 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 55.926. 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 -0.0384139, indicating a bearish trend.