MATINAS BIOPHARMA HOLDINGS I (MTNB) Stock Technical Analysis
NYSEARCA:MTNB - NYSE Arca - US5768103039 - Common Stock - Currency: USD
Overall MTNB gets a technical rating of 5 out of 10. 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.
When comparing the yearly performance of all stocks, MTNB is a bad performer in the overall market: 90% of all stocks are doing better.
MTNB is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so MTNB is lagging the market.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
MTNB is part of the Biotechnology industry. There are 561 other stocks in this industry, MTNB did better than 47% of them.
In the last month MTNB has a been trading in the 0.57 - 0.93 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Although the technical rating is only medium, MTNB does present a nice setup opportunity. Prices have been consolidating lately. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
0.50
0.88
We found 4 important support areas.
- A support zone ranging from 0.74 to 0.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.68 to 0.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.53 from a horizontal line in the daily time frame.
- Support @0.51 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 0.77 to 0.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.87 from a trend 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 MTNB is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MTNB is up. |
| ChartMill Relative Strength | 10.63 | NEGATIVE | MTNB has a low relative strength, it was outperformed by 89.37% 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) | DOWN | NEGATIVE | The current price of MTNB is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.65 | NEUTRAL | The RSI value for MTNB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests MTNB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 52.49 | NEUTRAL | The Stochastics value for MTNB is a neutral value. |
| Average True Range in percent/ATR (20) | 12.43 | HIGH VOLATILITY | The high ATR as a percentage value for MTNB suggests high volalility. |
| Average Directional Index/ADX (14) | 48.28 | POSITIVE | The high ADX value value for MTNB suggests a strong 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)
NYSEARCA:MTNB (5/22/2025, 8:27:14 PM)
0.761
-0.01 (-1.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-1.17%
1 Week-1.17%
2 Weeks8.71%
1 Month27.9%
3 Month18.91%
6 Month23.56%
12 Month-91.05%
2 Year-96.03%
3 Year-97.87%
5 Year-98.31%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%12.43%
ATR Inc6.11%
Range Today0.09
ADR(20)0.09
ADR(20)%12.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.63
Mansfield-7.61
10 Day High0.93
10 Day Low0.6
20 Day High0.93
20 Day Low0.57
52 Week High9.6
52 Week Low0.47
CS1 End0.75
CR1 Start0.77
Volume & EV
DER(3)-11.32%
DER(5)-5.93%
Volume45.50K
Volume Incr62.85%
Vol(5)184.30K
Vol(50)78.55K