MICROBIX BIOSYSTEMS INC (MBX.CA) Stock Technical Analysis
TSX:MBX - Toronto Stock Exchange - CA59501P1045 - Common Stock - Currency: CAD
We assign a technical rating of 8 out of 10 to MBX. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, MBX is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
MBX is one of the better performing stocks in the Biotechnology industry, it outperforms 91% of 25 stocks in the same industry.
MBX is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so MBX is lagging the market slightly.
When comparing the yearly performance of all stocks, we notice that MBX is one of the better performing stocks in the market, outperforming 88% of all stocks. However, this relatively good performance is mostly due to a recent big move.
In the last month MBX has a been trading in the 0.45 - 0.55 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although MBX has an excellent technical rating, the quality of the presented setup is not ideal 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
0.30
0.49
3 important support areas can be observed.
- A support zone ranging from 0.47 to 0.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 0.32 to 0.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 0.30 to 0.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.67
Mansfield2.47
10 Day High0.55
10 Day Low0.45
20 Day High0.55
20 Day Low0.45
52 Week High0.55
52 Week Low0.29
Performance
1 Week1.04%
2 Weeks-2.02%
1 Month-3%
3 Month61.67%
6 Month36.62%
12 Month21.25%
2 Year34.72%
3 Year-10.19%
5 Year142.5%
10 Year-8.49%
15 Year15.48%
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)52.95
LBB0.45
UBB0.53
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 0.50 | 0.46 | 0.04 (8.28%) | 12.08% |
| An entry @0.50. This is a Buy Stop order right above the 10 day moving average. | An exit @0.46. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.04 points, which is 8.28%. | When investing 12.08% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX:MBX (2/21/2025, 7:00:00 PM)
0.485
+0.01 (+1.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg1.04%
1 Week1.04%
2 Weeks-2.02%
1 Month-3%
3 Month61.67%
6 Month36.62%
12 Month21.25%
2 Year34.72%
3 Year-10.19%
5 Year142.5%
10 Year-8.49%
15 Year15.48%
Volatility
ATR(14)0.03
ATR(20)%5.31%
ATR Inc-2.78%
Range Today0.01
ADR(20)0.02
ADR(20)%4.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.67
Mansfield2.47
10 Day High0.55
10 Day Low0.45
20 Day High0.55
20 Day Low0.45
52 Week High0.55
52 Week Low0.29
CS1 End0.47
CR1 StartN/A
Volume & EV
DER(3)-261%
DER(5)-150.07%
Volume23.37K
Volume Incr-19.16%
Vol(5)216.49K
Vol(50)190.69K