MYND Technical Analysis - MYND.AI INC

Technical Rating and Analysis

Taking everything into account, MYND scores 3 out of 10 in our technical rating. In the past year, MYND was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.

When comparing the yearly performance of all stocks, MYND is a bad performer in the overall market: 87% of all stocks are doing better.

MYND is part of the Diversified Consumer Services industry. There are 74 other stocks in this industry, of which 64% are performing better than MYND.

MYND 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 MYND has a been trading in the 0.55 - 0.86 range, which is quite wide. It is currently trading near the high of this range.

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.

Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.

More info and screens

Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

Show peers with best TA rating

Weekly and Daily overview Charts

Setup Rating and Analysis

MYND has a poor technical rating and the quality of the setup is also only medium 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

ChartMill Technical Ratings

Pocket Pivots

Bull Flags

Show peers with best setup rating

Support and Resistance Analysis

0.81

0.84

When analyzing the support we notice one important area.

A support zone ranging from 0.82 to 0.82. This zone is formed by a combination of multiple trend lines in multiple time frames.

More info

What is Support and Resistance

Support and Resistance indicators

Support and Resistance Screener and Trading Strategies

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 MYND is down.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for MYND is up.
ChartMill Relative Strength	13.21	NEGATIVE	MYND has a low relative strength, it was outperformed by 86.79% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of MYND is above the rising SMA(20).
Simple Moving Average/SMA (50)	DOWN	MIXED	The current price of MYND is above a declining SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of MYND is below a declining SMA(200).
Relative Strength Index/RSI (14)	63.63	NEUTRAL	The RSI value for MYND is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.02	POSITIVE	The MACD value suggests MYND has a positive trend.
Stochastics (14,3)	84.12	OVERBOUGHT	The high Stochastics value suggests MYND may be overbought.
Average True Range in percent/ATR (20)	9.92	HIGH VOLATILITY	The high ATR as a percentage value for MYND suggests high volalility.
Average Directional Index/ADX (14)	28.2	POSITIVE	The high ADX value value for MYND suggests a strong trend.