Taking everything into account, MXCT scores 0 out of 10 in our technical rating. MXCT'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.
Although the technical rating is bad, MXCT does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 1.49, a Stop Loss order could be placed below this zone.
More info and screens
1.42
When analyzing the support we can see 2 important areas.
- A support zone ranging from 1.47 to 1.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 1.43 to 1.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
5 important resistance areas can be observed.
- Resistance @1.61 from a trend line in the daily time frame.
- Resistance @1.65 from a trend line in the weekly time frame.
- Resistance @1.72 from a trend line in the daily time frame.
- Resistance @1.76 from a horizontal line in the weekly time frame.
- Resistance @1.83 from a horizontal 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 MXCT is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MXCT is neutral. |
| ChartMill Relative Strength | 11.81 | NEGATIVE | MXCT has a low relative strength, it was outperformed by 88.19% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of MXCT is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of MXCT is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MXCT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.1 | NEUTRAL | The RSI value for MXCT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests MXCT has a positive trend. |
| Stochastics (14,3) | 71.05 | NEUTRAL | The Stochastics value for MXCT is a neutral value. |
| Average True Range in percent/ATR (20) | 6.29 | HIGH VOLATILITY | The high ATR as a percentage value for MXCT suggests high volalility. |
| Average Directional Index/ADX (14) | 15.99 | NEGATIVE | The low ADX value for MXCT suggests a weak or negative trend. |
1.61
+0.01 (+0.63%)
MAXCYTE INC / MXCT FAQ
What is the technical rating for MXCT stock?
ChartMill assigns a technical rating of 0 / 10 to MXCT.
What is the current trend direction of MAXCYTE INC (MXCT) stock?
The current trend direction for MAXCYTE INC (MXCT) is Bearish.
What is the RSI signal for MAXCYTE INC (MXCT) stock?
MAXCYTE INC (MXCT) has an RSI value of 53.1017. This indicates that the stock is currently neutral.
What is the short term momentum for MAXCYTE INC (MXCT) stock?
The short term momentum for MAXCYTE INC (MXCT) is neutral.
Can you provide the support and resistance levels for MAXCYTE INC?
MAXCYTE INC (MXCT) has a support level at 1.49 and a resistance level at 1.61. Check the full technical report for our detailed analysis of MXCT support and resistance levels.