MAXCYTE INC (MXCT) Technical Analysis
NASDAQ:MXCT • US57777K1060
Current stock price
MXCT Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to MXCT. MXCT 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 short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- 97% of all other stocks performed better in the past year than MXCT.
- MXCT is one of the lesser performing stocks in the Life Sciences Tools & Services industry. 89% of 57 stocks in the same industry do better.
- MXCT 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 MXCT is lagging the market.
- In the last month MXCT has a been trading in the 0.64 - 0.88 range, which is quite wide. It is currently trading near the high of this range.
- MXCT has an average volume of 1154780 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
MXCT Weekly and Daily overview Charts
MXCT Setup Rating and Analysis
MXCT has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 0.83. Right above this resistance zone may be a good entry point.
More info and screens
MXCT Support and Resistance Analysis
0.81
We can see 3 important resistance areas.
- A resistance zone ranging from 0.83 to 0.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.31 from a trend line in the daily time frame.
- Resistance @1.35 from a trend line in the weekly time frame.
MXCT Technical Indicator Signal Analysis
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 | 3.35 | NEGATIVE | MXCT has a low relative strength, it was outperformed by 96.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MXCT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MXCT is below 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) | 46.48 | NEUTRAL | The RSI value for MXCT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests MXCT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 64.77 | NEUTRAL | The Stochastics value for MXCT is a neutral value. |
| Average True Range in percent/ATR (20) | 7.63 | HIGH VOLATILITY | The high ATR as a percentage value for MXCT suggests high volalility. |
| Average Directional Index/ADX (14) | 34.7 | POSITIVE | The high ADX value value for MXCT suggests a strong trend. |
MXCT Chart- and CandleStick Pattern Analysis
MXCT Technicals: Chart, Performance Metrics, Trend & Indicators
0.8198
-0.02 (-1.82%)
MAXCYTE INC / MXCT TA FAQ
What is the technical rating for MXCT stock?
ChartMill assigns a technical rating of 1 / 10 to MXCT.
Can you provide the trend direction for MAXCYTE INC?
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 46.4793. 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.