MSCL Technical Analysis - SATELLOS BIOSCIENCE INC

Technical Rating and Analysis

Overall MSCL gets a technical rating of 8 out of 10. Although MSCL is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.

Both the short term and long term trends are positive. This is a very positive sign.

In the last month MSCL has a been trading in the 0.61 - 0.86 range, which is quite wide. It is currently trading near the high of this range.

When compared to the yearly performance of all other stocks, MSCL outperforms 65% of them, which is more or less in line with the market.

MSCL is an average performer in the Biotechnology industry, it outperforms 54% of 23 stocks in the same industry.

MSCL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MSCL is lagging the market.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

SATELLOS BIOSCIENCE INC / MSCL Weekly stock chart

SATELLOS BIOSCIENCE INC / MSCL Daily stock chart

Setup Rating and Analysis

Besides having an excellent technical rating, MSCL also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

0.57

0.84

3 important support areas can be observed.

A support zone ranging from 0.73 to 0.74. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
A support zone ranging from 0.66 to 0.67. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
A support zone ranging from 0.58 to 0.58. This zone is formed by a combination of multiple trend lines in multiple time frames.

2 important resistance areas can be observed.

Resistance @0.81 from a horizontal line in the weekly time frame.
A resistance zone ranging from 0.83 to 0.83. This zone is formed by a combination of multiple trend lines in the daily time frame.

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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 MSCL.CA is up.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for MSCL.CA is up.
ChartMill Relative Strength	65.63	NEUTRAL	MSCL.CA is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of MSCL.CA is above the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of MSCL.CA is above the rising SMA(50).
Simple Moving Average/SMA (200)	DOWN	MIXED	The current price of MSCL.CA is above a declining SMA(200).
Relative Strength Index/RSI (14)	58.83	NEUTRAL	The RSI value for MSCL.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0	POSITIVE	The MACD value suggests MSCL.CA has a positive trend, although the MACD value is declining.
Stochastics (14,3)	64.08	NEUTRAL	The Stochastics value for MSCL.CA is a neutral value.
Average True Range in percent/ATR (20)	6.56	HIGH VOLATILITY	The high ATR as a percentage value for MSCL.CA suggests high volalility.
Average Directional Index/ADX (14)	41.03	POSITIVE	The high ADX value value for MSCL.CA suggests a strong trend.