MAXCYTE INC (MXCT) Technical Analysis
NASDAQ:MXCT • US57777K1060
Current stock price
MXCT Technical Rating and Analysis
Taking everything into account, MXCT scores 3 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. MXCT was also a bad performer in the overall market in the last year.
- 96% of all other stocks performed better in the past year than MXCT.
- MXCT is part of the Life Sciences Tools & Services industry. There are 56 other stocks in this industry, of which 87% are performing better than MXCT.
- MXCT is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month MXCT has a been trading in the 0.66 - 0.90 range, which is quite wide. It is currently trading near the high of this range.
- MXCT has an average volume of 1092370 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
MXCT Weekly and Daily overview Charts
MXCT Setup Rating and Analysis
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
MXCT Support and Resistance Analysis
0.67
When analyzing the support we notice one important area.
- Support @0.68 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 0.89 to 0.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.15 from a trend line in the daily time frame.
- Resistance @1.19 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 | UP | POSITIVE | The short term trend for MXCT is up. |
| ChartMill Relative Strength | 4.87 | NEGATIVE | MXCT has a low relative strength, it was outperformed by 95.13% 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) | 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) | 59.29 | 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) | 75.46 | NEUTRAL | The Stochastics value for MXCT is a neutral value. |
| Average True Range in percent/ATR (20) | 6.58 | HIGH VOLATILITY | The high ATR as a percentage value for MXCT suggests high volalility. |
| Average Directional Index/ADX (14) | 22.13 | NEUTRAL | The ADX value for MXCT suggests a possible start of a new trend. |
MXCT Chart- and CandleStick Pattern Analysis
MXCT Technicals: Chart, Performance Metrics, Trend & Indicators
0.8596
+0.01 (+1.39%)
MAXCYTE INC / MXCT TA FAQ
What is the technical rating for MXCT stock?
ChartMill assigns a technical rating of 3 / 10 to MXCT.
Can you provide the trend direction for MAXCYTE INC?
The current trend direction for MAXCYTE INC (MXCT) is Bearish.
Can you provide the RSI signal for MAXCYTE INC?
MAXCYTE INC (MXCT) has an RSI value of 59.2934. 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 positive.
Can you provide the support and resistance levels for MAXCYTE INC?
MAXCYTE INC (MXCT) has a support level at 0.68 and a resistance level at 0.89. Check the full technical report for our detailed analysis of MXCT support and resistance levels.