Overall MTNB gets a technical rating of 0 out of 10. MTNB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
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.
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0.58
When analyzing the support we can see 2 important areas.
- Support @0.61 from a horizontal line in the weekly time frame.
- Support @0.59 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 0.65 to 0.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.27 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 | DOWN | NEGATIVE | The short term trend for MTNB is down. |
| ChartMill Relative Strength | 10.59 | NEGATIVE | MTNB has a low relative strength, it was outperformed by 89.41% 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) | 37.23 | 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. |
| Stochastics (14,3) | 18.48 | OVERSOLD | The low Stochastics value suggests MTNB may be oversold. |
| Average True Range in percent/ATR (20) | 13.9 | HIGH VOLATILITY | The high ATR as a percentage value for MTNB suggests high volalility. |
| Average Directional Index/ADX (14) | 32.34 | POSITIVE | The high ADX value value for MTNB suggests a strong trend. |
0.642
+0.02 (+3.55%)
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.
Can you provide the trend direction for MATINAS BIOPHARMA HOLDINGS I?
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 37.2252. This indicates that the stock is currently neutral.
What is the MACD signal for MTNB stock?
The MACD indicator for MATINAS BIOPHARMA HOLDINGS I (MTNB) has a value of 0.00879369, indicating a bearish trend.
Can you provide the short term momentum for MATINAS BIOPHARMA HOLDINGS I?
The short term momentum for MATINAS BIOPHARMA HOLDINGS I (MTNB) is negative.