MOLECULAR TEMPLATES INC (MTEM) Technical Analysis
NASDAQ:MTEM • US6085502085
Current stock price
MTEM Technical Rating and Analysis
Overall MTEM gets a technical rating of 0 out of 10. MTEM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 100% of all other stocks performed better in the past year than MTEM.
- MTEM is one of the lesser performing stocks in the Biotechnology industry. 93% of 517 stocks in the same industry do better.
- MTEM is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so MTEM is lagging the market.
- In the last month MTEM has a been trading in the 0.10 - 0.78 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- MTEM has an average volume of 18758400 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.
MTEM Weekly and Daily overview Charts
MTEM Setup Rating and Analysis
The technical rating of MTEM is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
MTEM Support and Resistance Analysis
MTEM 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 | DOWN | NEGATIVE | The long term trend for MTEM is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MTEM is down. |
| ChartMill Relative Strength | 0.05 | NEGATIVE | MTEM has a low relative strength, it was outperformed by 99.95% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MTEM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MTEM is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MTEM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 27.74 | OVERSOLD | The low RSI value suggests MTEM may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests MTEM has a negative trend. |
| Stochastics (14,3) | 2.24 | OVERSOLD | The low Stochastics value suggests MTEM may be oversold. |
| Average True Range in percent/ATR (20) | 69.21 | HIGH VOLATILITY | The high ATR as a percentage value for MTEM suggests high volalility. |
| Average Directional Index/ADX (14) | 32.96 | POSITIVE | The high ADX value value for MTEM suggests a strong trend. |
MTEM Chart- and CandleStick Pattern Analysis
MTEM Technicals: Chart, Performance Metrics, Trend & Indicators
0.1072
-0.03 (-23.43%)
MOLECULAR TEMPLATES INC / MTEM TA FAQ
What is the ChartMill technical rating of MOLECULAR TEMPLATES INC (MTEM) stock?
ChartMill assigns a technical rating of 0 / 10 to MTEM.
What is the current trend direction of MOLECULAR TEMPLATES INC (MTEM) stock?
The current trend direction for MOLECULAR TEMPLATES INC (MTEM) is Bearish.
What is the RSI signal for MTEM stock?
MOLECULAR TEMPLATES INC (MTEM) has an RSI value of 27.7373. This indicates that the stock is currently oversold.
What is the short term momentum for MOLECULAR TEMPLATES INC (MTEM) stock?
The short term momentum for MOLECULAR TEMPLATES INC (MTEM) is negative.