Overall MZOR gets a technical rating of 6 out of 10. MZOR has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
MZOR has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. 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
3 important support areas can be observed.
- 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.
2 important resistance areas can be observed.
- 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. |
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 current trend direction of Mazor Robotics Ltd. (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 support and resistance level for MZOR stock?
Mazor Robotics Ltd. (MZOR) has a support level at 58.19 and a resistance level at 58.26. Check the full technical report for our detailed analysis of MZOR support and resistance levels.