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Miragen Therapeutics Inc (MGEN) Stock Technical Analysis

NASDAQ:MGEN - Nasdaq -

23.01  -0.02 (-0.09%)

Technical Rating and Analysis

9

Overall MGEN gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, MGEN is showing a nice and steady performance.

The long and short term trends are both positive. This is looking good!
In the last month MGEN has a been trading in the 16.02 - 25.67 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that MGEN is one of the better performing stocks in the market, outperforming 94% of all stocks. However, this relatively good performance is mostly due to a recent big move.
MGEN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MGEN is lagging the market.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
Miragen Therapeutics Inc / MGEN Weekly stock chart
Miragen Therapeutics Inc / MGEN Daily stock chart
Setup Rating and Analysis

3

Although MGEN has an excellent technical rating, it does not present a decent entry opportunity 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.

Support and Resistance Analysis

16.05

23.26

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 19.18 to 19.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @16.64 from a trend line in the daily time frame.
  • Support @16.21 from a horizontal line in the daily time frame.

We found 1 important resistance area.

  • Resistance @23.03 from a horizontal line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.92
Mansfield4.49
10 Day High25.67
10 Day Low16.39
20 Day High25.67
20 Day Low16.02
52 Week High34.05
52 Week Low4.67
Performance
1 Week4.92%
2 Weeks33.78%
1 Month15.69%
3 Month213.06%
6 Month23.71%
12 Month58.14%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)0.58
RSI(14)64.72
LBB13.62
UBB25.62
Miragen Therapeutics Inc / MGEN Daily stock chart

Miragen Therapeutics Inc

NASDAQ:MGEN (1/19/2021, 8:20:36 PM)

23.01

-0.02 (-0.09%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.09%
1 Week4.92%
2 Weeks33.78%
1 Month15.69%
3 Month213.06%
6 Month23.71%
12 Month58.14%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2
ATR(20)%7.54%
ATR Inc-0.69%
Range Today0.93
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.92
Mansfield4.49
10 Day High25.67
10 Day Low16.39
20 Day High25.67
20 Day Low16.02
52 Week High34.05
52 Week Low4.67
CS1 End19.31
CR1 Start23.03
Volume & EV
DER(3)3.11%
DER(5)3.45%
Volume44.30K
Volume Incr2.1%
Vol(5)100.40K
Vol(50)344.37K