MAXCYTE INC (MXCT) Stock Technical Analysis
USA - NASDAQ:MXCT - US57777K1060 - Common Stock
We assign a technical rating of 1 out of 10 to MXCT. 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.
The technical rating of MXCT 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
1.43
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 1.61 to 1.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.67 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 MXCT is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MXCT is neutral. |
| ChartMill Relative Strength | 10.72 | NEGATIVE | MXCT has a low relative strength, it was outperformed by 89.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MXCT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of MXCT is below the rising 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) | 41.18 | NEUTRAL | The RSI value for MXCT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests MXCT has a negative trend. |
| Stochastics (14,3) | 38.43 | NEUTRAL | The Stochastics value for MXCT is a neutral value. |
| Average True Range in percent/ATR (20) | 8.49 | HIGH VOLATILITY | The high ATR as a percentage value for MXCT suggests high volalility. |
| Average Directional Index/ADX (14) | 21.84 | NEUTRAL | The ADX value for MXCT suggests a possible start of a new trend. |
1.44
-0.03 (-2.04%)
MAXCYTE INC / MXCT FAQ
What is the technical rating for MXCT stock?
ChartMill assigns a technical rating of 1 / 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 41.1782. 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 resistance level at 1.61. Check the full technical report for our detailed analysis of MXCT support and resistance levels.