MAXCYTE INC (MXCT) Stock Technical Analysis
USA - NASDAQ:MXCT - US57777K1060 - Common Stock
Overall MXCT gets a technical rating of 2 out of 10. 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.
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 1.54, a Stop Loss order could be placed below this zone.
More info and screens
1.51
When analyzing the support we notice one important area.
- A support zone ranging from 1.53 to 1.54. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 1.64 to 1.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.71 from a horizontal line in the weekly time frame.
- Resistance @1.75 from a trend line in the daily time frame.
- Resistance @2.38 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 | 4.2 | NEGATIVE | MXCT has a low relative strength, it was outperformed by 95.8% 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 | POSITIVE | The current price of MXCT is above 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) | 46.11 | 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) | 16.67 | OVERSOLD | The low Stochastics value suggests MXCT may be oversold. |
| Average True Range in percent/ATR (20) | 7.42 | HIGH VOLATILITY | The high ATR as a percentage value for MXCT suggests high volalility. |
| Average Directional Index/ADX (14) | 15.37 | NEGATIVE | The low ADX value for MXCT suggests a weak or negative trend. |
1.55
+0.01 (+0.65%)
MAXCYTE INC / MXCT FAQ
What is the technical rating for MXCT stock?
ChartMill assigns a technical rating of 2 / 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 46.1055. 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 1.54 and a resistance level at 1.64. Check the full technical report for our detailed analysis of MXCT support and resistance levels.