MAXCYTE INC (MXCT) Stock Technical Analysis
NASDAQ:MXCT - Nasdaq - US57777K1060 - Common Stock - Currency: USD
Taking everything into account, MXCT scores 1 out of 10 in our technical rating. 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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
96% 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. 92% of 54 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. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
In the last month MXCT has a been trading in the 2.00 - 2.37 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
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
1.99
4.95
2 important support areas can be observed.
- A support zone ranging from 2.18 to 2.22. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 2.01 to 2.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 2.34 to 2.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @4.90 from a horizontal line in the weekly 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 | 4.84 | NEGATIVE | MXCT has a low relative strength, it was outperformed by 95.16% 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 | 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) | 56.75 | 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) | 64.61 | NEUTRAL | The Stochastics value for MXCT is a neutral value. |
| Average True Range in percent/ATR (20) | 5.24 | HIGH VOLATILITY | The high ATR as a percentage value for MXCT suggests high volalility. |
| Average Directional Index/ADX (14) | 14.97 | NEGATIVE | The low ADX value for MXCT suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
2.33
+0.09 (+4.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryLife Sciences Tools & Services
Performance
% Chg4.02%
1 Week9.91%
2 Weeks3.56%
1 Month5.19%
3 Month-19.1%
6 Month-50%
12 Month-51.36%
2 Year-47.87%
3 Year-57.25%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%5.24%
ATR Inc54.08%
Range Today0.12
ADR(20)0.12
ADR(20)%5.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.84
Mansfield-3.75
10 Day High2.37
10 Day Low2.02
20 Day High2.37
20 Day Low2
52 Week High5.2
52 Week Low2
CS1 End2.22
CR1 Start2.34
Volume & EV
DER(3)-1.08%
DER(5)-1.14%
Volume733.30K
Volume Incr-24.34%
Vol(5)525.10K
Vol(50)901.46K