MONOGRAM TECHNOLOGIES INC (MGRM) Stock Technical Analysis
NASDAQ:MGRM - Nasdaq - US6097861081 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to MGRM. MGRM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
When comparing the yearly performance of all stocks, MGRM is a bad performer in the overall market: 65% of all stocks are doing better.
MGRM is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month MGRM has a been trading in the 2.32 - 2.90 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
MGRM is part of the Health Care Equipment & Supplies industry. There are 190 other stocks in this industry, MGRM did better than 59% of them.
The technical rating of MGRM is bad and it also does not present a quality setup 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
1.95
3.23
We found 3 important support areas.
- A support zone ranging from 2.31 to 2.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 2.01 to 2.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.97 from a horizontal line in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 2.69 to 2.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.79 from a trend line in the daily time frame.
- Resistance @2.85 from a horizontal line in the daily time frame.
- Resistance @3.20 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS35.92
Mansfield-1.09
10 Day High2.85
10 Day Low2.32
20 Day High2.9
20 Day Low2.32
52 Week High4.9
52 Week Low1.53
Performance
1 Week-13.75%
2 Weeks-16.55%
1 Month-17.84%
3 Month17.77%
6 Month-32.56%
12 Month-21.09%
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)-0.06
RSI(14)33.75
LBB2.29
UBB3.02
2.32
-0.09 (-3.73%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-3.73%
1 Week-13.75%
2 Weeks-16.55%
1 Month-17.84%
3 Month17.77%
6 Month-32.56%
12 Month-21.09%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.17
ATR(20)%6.77%
ATR Inc0.14%
Range Today0.12
ADR(20)0.15
ADR(20)%6.64%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS35.92
Mansfield-1.09
10 Day High2.85
10 Day Low2.32
20 Day High2.9
20 Day Low2.32
52 Week High4.9
52 Week Low1.53
CS1 End2.31
CR1 Start2.69
Volume & EV
DER(3)-13.73%
DER(5)-10.11%
Volume45.10K
Volume Incr48.9%
Vol(5)49.80K
Vol(50)57.46K