MERSANA THERAPEUTICS INC (MRSN) Stock Technical Analysis
NASDAQ:MRSN - US59045L1061 - Common Stock
7.32 USD
-0.34 (-4.44%)
7.3397 USD
+0.02 (+0.27%)
Overall MRSN gets a technical rating of 1 out of 10. MRSN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, MRSN is a bad performer in the overall market: 97% of all stocks are doing better.
MRSN is one of the lesser performing stocks in the Biotechnology industry. 81% of 547 stocks in the same industry do better.
MRSN is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month MRSN has a been trading in the 5.21 - 8.19 range, which is quite wide. It is currently trading near the high of this range.
MRSN has an average volume of 1735100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
MRSN has a poor technical rating and the quality of the setup is also not perfect at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
7.25
10.28
We can see 4 important resistance areas.
- A resistance zone ranging from 7.53 to 7.57. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 7.70 to 7.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 8.04 to 8.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @10.18 from a horizontal line in the daily 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 | DOWN | NEGATIVE | The long term trend for MRSN is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MRSN is neutral. |
| ChartMill Relative Strength | 3.12 | NEGATIVE | MRSN has a low relative strength, it was outperformed by 96.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MRSN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MRSN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MRSN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.13 | NEUTRAL | The RSI value for MRSN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests MRSN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 77.99 | NEUTRAL | The Stochastics value for MRSN is a neutral value. |
| Average True Range in percent/ATR (20) | 7.33 | HIGH VOLATILITY | The high ATR as a percentage value for MRSN suggests high volalility. |
| Average Directional Index/ADX (14) | 12.55 | NEGATIVE | The low ADX value for MRSN suggests a weak or negative trend. |
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)
7.32
-0.34 (-4.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-4.44%
1 Week-5.55%
2 Weeks2.23%
1 Month10.91%
3 Month-14.81%
6 Month-44.06%
12 Month-81.47%
2 Year-73.62%
3 Year-96.1%
5 Year-98.47%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.6
ATR(20)%7.33%
ATR Inc-10.25%
Range Today0.53
ADR(20)0.53
ADR(20)%7.28%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.12
Mansfield-7.21
10 Day High8.19
10 Day Low6.96
20 Day High8.19
20 Day Low5.21
52 Week High70.75
52 Week Low5.21
CS1 EndN/A
CR1 Start7.53
Volume & EV
DER(3)-0.09%
DER(5)-3.19%
Volume40.70K
Volume Incr-56.28%
Vol(5)53.80K
Vol(50)1.74M