USA - NYSEARCA:MTNB - US5768103039 - Common Stock
We assign a technical rating of 9 out of 10 to MTNB. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, MTNB is showing a nice and steady performance.
Although MTNB 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.
0.83
When analyzing the support we can see 4 important areas.
3 important resistance areas can be observed.
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 MTNB is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MTNB is up. |
ChartMill Relative Strength | 88.43 | POSITIVE | MTNB has a high relative strength, it outperformed 88.43% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MTNB is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MTNB is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MTNB is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 57.99 | NEUTRAL | The RSI value for MTNB is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests MTNB has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 53.74 | NEUTRAL | The Stochastics value for MTNB is a neutral value. |
Average True Range in percent/ATR (20) | 6.55 | HIGH VOLATILITY | The high ATR as a percentage value for MTNB suggests high volalility. |
Average Directional Index/ADX (14) | 36.38 | POSITIVE | The high ADX value value for MTNB suggests a strong trend. |
NYSEARCA:MTNB (10/3/2025, 8:04:00 PM)
1.94
+0.01 (+0.52%)