We assign a technical rating of 0 out of 10 to MTNB. MTNB's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of MTNB is bad and it also does not present a quality setup 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.
More info and screens
0.74
We found 1 important resistance area.
- Resistance @1.46 from a trend line in the weekly 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 | DOWN | NEGATIVE | The short term trend for MTNB is down. |
| ChartMill Relative Strength | 15.09 | NEGATIVE | MTNB has a low relative strength, it was outperformed by 84.91% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MTNB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MTNB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of MTNB is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 25.6 | OVERSOLD | The low RSI value suggests MTNB may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests MTNB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 5.02 | OVERSOLD | The low Stochastics value suggests MTNB may be oversold. |
| Average True Range in percent/ATR (20) | 15.3 | HIGH VOLATILITY | The high ATR as a percentage value for MTNB suggests high volalility. |
| Average Directional Index/ADX (14) | 45.46 | POSITIVE | The high ADX value value for MTNB suggests a strong trend. |
0.75
+0.02 (+2.74%)
MATINAS BIOPHARMA HOLDINGS I / MTNB FAQ
Can you provide the ChartMill technical rating for MATINAS BIOPHARMA HOLDINGS I?
ChartMill assigns a technical rating of 0 / 10 to MTNB.
What is the trend direction for MTNB stock?
The current trend direction for MATINAS BIOPHARMA HOLDINGS I (MTNB) is Bearish.
Can you provide the RSI signal for MATINAS BIOPHARMA HOLDINGS I?
MATINAS BIOPHARMA HOLDINGS I (MTNB) has an RSI value of 25.6027. This indicates that the stock is currently oversold.
What is the buy/sell signal for MATINAS BIOPHARMA HOLDINGS I (MTNB) stock?
The buy/sell signal for MATINAS BIOPHARMA HOLDINGS I (MTNB) is sell as both the short term and long term trends are negative.
What is the support and resistance level for MTNB stock?
MATINAS BIOPHARMA HOLDINGS I (MTNB) has a resistance level at 1.46. Check the full technical report for our detailed analysis of MTNB support and resistance levels.