Taking everything into account, MRNA scores 8 out of 10 in our technical rating. Although MRNA is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although MRNA has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
23.27
We found 1 important support area.
- Support @23.51 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- Resistance @33.81 from a horizontal line in the weekly 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 | 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 | 60.51 | NEUTRAL | MRNA is not amongst the best or worst performers 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) | DOWN | MIXED | The current price of MRNA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 64.61 | NEUTRAL | The RSI value for MRNA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.59 | POSITIVE | The MACD value suggests MRNA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 85.02 | OVERBOUGHT | The high Stochastics value suggests MRNA may be overbought. |
| Average True Range in percent/ATR (20) | 4.75 | MEDIUM VOLATILITY | The ATR as a percentage value for MRNA suggests some volalility. |
| Average Directional Index/ADX (14) | 30.66 | POSITIVE | The high ADX value value for MRNA suggests a strong trend. |
32.29
-2.61 (-7.48%)
MODERNA INC / MRNA FAQ
What is the technical rating for MRNA stock?
ChartMill assigns a technical rating of 8 / 10 to MRNA.
What is the current trend direction of MODERNA INC (MRNA) stock?
The current trend direction for MODERNA INC (MRNA) is Bullish.
What is the RSI signal for MODERNA INC (MRNA) stock?
MODERNA INC (MRNA) has an RSI value of 64.6075. This indicates that the stock is currently neutral.
What is the MACD signal for MRNA stock?
The MACD indicator for MODERNA INC (MRNA) has a value of 0.591013, 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.