Overall MYNZ gets a technical rating of 1 out of 10. MYNZ's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of MYNZ is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
1.22
We can see 3 important resistance areas.
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 MYNZ is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MYNZ is neutral. |
| ChartMill Relative Strength | 4.84 | NEGATIVE | MYNZ 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 MYNZ is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MYNZ is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MYNZ is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.28 | NEUTRAL | The RSI value for MYNZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests MYNZ has a positive trend. |
| Stochastics (14,3) | 45.92 | NEUTRAL | The Stochastics value for MYNZ is a neutral value. |
| Average True Range in percent/ATR (20) | 7.63 | HIGH VOLATILITY | The high ATR as a percentage value for MYNZ suggests high volalility. |
| Average Directional Index/ADX (14) | 11.51 | NEGATIVE | The low ADX value for MYNZ suggests a weak or negative trend. |
1.23
+0.16 (+14.95%)
ChartMill assigns a technical rating of 1 / 10 to MYNZ.
The current trend direction for MAINZ BIOMED NV (MYNZ) is Bearish.
MAINZ BIOMED NV (MYNZ) has an RSI value of 55.2803. This indicates that the stock is currently neutral.
The short term momentum for MAINZ BIOMED NV (MYNZ) is neutral.
MAINZ BIOMED NV (MYNZ) has a resistance level at 1.24. Check the full technical report for our detailed analysis of MYNZ support and resistance levels.