Logo image of MGRM

MONOGRAM TECHNOLOGIES INC (MGRM) Stock Technical Analysis

NASDAQ:MGRM - Nasdaq - US6097861081 - Common Stock - Currency: USD

2.7  +0.07 (+2.66%)

Technical Rating and Analysis

3

Overall MGRM gets a technical rating of 3 out of 10. MGRM has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.

MGRM is one of the better performing stocks in the Health Care Equipment & Supplies industry, it outperforms 76% of 191 stocks in the same industry.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When comparing the yearly performance of all stocks, we notice that MGRM is one of the better performing stocks in the market, outperforming 76% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
MGRM is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month MGRM has a been trading in the 2.30 - 3.08 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
MONOGRAM TECHNOLOGIES INC / MGRM Weekly stock chart
MONOGRAM TECHNOLOGIES INC / MGRM Daily stock chart
Setup Rating and Analysis

5

MGRM has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.

Support and Resistance Analysis

2.02

3.15

5 important support areas can be observed.

  • A support zone ranging from 2.61 to 2.63. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @2.45 from a trend line in the daily time frame.
  • Support @2.38 from a horizontal line in the daily time frame.
  • A support zone ranging from 2.31 to 2.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @2.04 from a trend line in the weekly time frame.

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 2.71 to 2.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @3.01 from a trend line in the weekly time frame.
  • Resistance @3.12 from a trend 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
CRS76.41
Mansfield1.62
10 Day High2.95
10 Day Low2.35
20 Day High3.08
20 Day Low2.3
52 Week High4.21
52 Week Low1.82
Performance
1 Week0%
2 Weeks12.97%
1 Month-11.48%
3 Month-5.59%
6 Month10.2%
12 Month10.98%
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
RSI(14)50.88
LBB2.39
UBB2.81
MONOGRAM TECHNOLOGIES INC / MGRM Daily stock chart

MONOGRAM TECHNOLOGIES INC

NASDAQ:MGRM (4/23/2025, 4:30:01 PM)

2.7

+0.07 (+2.66%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg2.66%
1 Week0%
2 Weeks12.97%
1 Month-11.48%
3 Month-5.59%
6 Month10.2%
12 Month10.98%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.24
ATR(20)%8.64%
ATR Inc-9.44%
Range Today0.23
ADR(20)0.22
ADR(20)%8.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.41
Mansfield1.62
10 Day High2.95
10 Day Low2.35
20 Day High3.08
20 Day Low2.3
52 Week High4.21
52 Week Low1.82
CS1 End2.63
CR1 Start2.71
Volume & EV
DER(3)-1.63%
DER(5)-3.4%
Volume27.45K
Volume Incr-71.52%
Vol(5)44.33K
Vol(50)807.97K