NYSEARCA:MTNB - NYSE Arca - US5768103039 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to MTNB. Recently some decent action could be observed, but in the medium term time frame this is still negative. MTNB was also a bad performer in the overall market in the last year.
MTNB has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 0.65. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.51, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
0.50
When analyzing the support we notice one important area.
When analyzing the resistance we notice one important area.
0.591
-0.05 (-8.23%)