MODERNA INC (MRNA) Technical Analysis
NASDAQ:MRNA • US60770K1079
Current stock price
MRNA Technical Rating and Analysis
Taking everything into account, MRNA scores 8 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.
- In the last month MRNA has a been trading in the 48.09 - 59.55 range, which is quite wide. It is currently trading near the lows of this range.
- 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!
- MRNA is one of the better performing stocks in the Biotechnology industry, it outperforms 81% of 519 stocks in the same industry.
- MRNA is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so MRNA is performing more or less in line with the market.
- MRNA has an average volume of 11695000 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Looking at the yearly performance, MRNA did better than 94% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
MRNA Weekly and Daily overview Charts
MRNA Setup Rating and Analysis
Besides having an excellent technical rating, MRNA also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
MRNA Support and Resistance Analysis
23.27
We found 3 important support areas.
- A support zone ranging from 51.27 to 51.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @49.63 from a trend line in the daily time frame.
- Support @23.51 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 53.07 to 53.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | 94.62 | POSITIVE | MRNA has a high relative strength, it outperformed 94.62% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of MRNA is below 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) | 51.39 | NEUTRAL | The RSI value for MRNA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.77 | NEGATIVE | The MACD value suggests MRNA has a negative trend. |
| Stochastics (14,3) | 28.67 | NEUTRAL | The Stochastics value for MRNA is a neutral value. |
| Average True Range in percent/ATR (20) | 7.19 | HIGH VOLATILITY | The high ATR as a percentage value for MRNA suggests high volalility. |
| Average Directional Index/ADX (14) | 35.59 | POSITIVE | The high ADX value value for MRNA suggests a strong trend. |
MRNA Chart- and CandleStick Pattern Analysis
MRNA Technicals: Chart, Performance Metrics, Trend & Indicators
51.28
-0.1 (-0.19%)
MODERNA INC / MRNA TA FAQ
What is the technical rating for MRNA stock?
ChartMill assigns a technical rating of 8 / 10 to MRNA.
What is the trend direction for 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 51.3931. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for MODERNA INC?
MODERNA INC (MRNA) has a support level at 51.27 and a resistance level at 53.07. Check the full technical report for our detailed analysis of MRNA support and resistance levels.