Mazor Robotics Ltd. (MZOR) Technical Analysis
NASDAQ:MZOR
We assign a technical rating of 6 out of 10 to MZOR. In the last year, MZOR was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, MZOR did better than 90% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
- MZOR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MZOR is lagging the market.
- In the last month MZOR has a been trading in a tight range between 58.15 and 58.40.
MZOR has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 58.19, a Stop Loss order could be placed below this zone.
More info and screens
48.14
When analyzing the support we can see 3 important areas.
- A support zone ranging from 57.51 to 58.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @49.70 from a trend line in the weekly time frame.
- Support @48.63 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 58.26 to 58.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @62.28 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 | UP | POSITIVE | The long term trend for MZOR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MZOR is up. |
| ChartMill Relative Strength | 90 | POSITIVE | MZOR has a high relative strength, it outperformed 90% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MZOR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MZOR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of MZOR is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.27 | NEUTRAL | The RSI value for MZOR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests MZOR has a negative trend. |
| Stochastics (14,3) | 46.67 | NEUTRAL | The Stochastics value for MZOR is a neutral value. |
| Average True Range in percent/ATR (20) | 0.19 | LOW VOLATILITY | The low ATR as a percentage value for MZOR suggests low volalility. |
MZOR Technicals: Chart, Performance Metrics, Trend & Indicators
58.23
-0.03 (-0.05%)
Mazor Robotics Ltd. / MZOR FAQ
What is the ChartMill technical rating of Mazor Robotics Ltd. (MZOR) stock?
ChartMill assigns a technical rating of 5 / 10 to MZOR.
What is the trend direction for MZOR stock?
The current trend direction for Mazor Robotics Ltd. (MZOR) is Bullish.
Can you provide the RSI signal for Mazor Robotics Ltd.?
Mazor Robotics Ltd. (MZOR) has an RSI value of 55.2706. This indicates that the stock is currently neutral.
What is the short term momentum for Mazor Robotics Ltd. (MZOR) stock?
The short term momentum for Mazor Robotics Ltd. (MZOR) is positive.
What is the buy/sell signal for MZOR stock?
The buy/sell signal for Mazor Robotics Ltd. (MZOR) is buy as both the short term and long term trends are positive.