MANGOCEUTICALS INC (MGRX) Stock Technical Analysis
NASDAQ:MGRX - Nasdaq - US56270V2051 - Common Stock - Currency: USD
Overall MGRX gets a technical rating of 0 out of 10. MGRX's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
89% of all other stocks performed better in the past year than MGRX.
MGRX is one of the lesser performing stocks in the Consumer Staples Distribution & Retail industry. 87% of 40 stocks in the same industry do better.
MGRX is currently trading near the lower end of its 52 week range, which is not a good sign. MGRX is lagging the S&P500 Index which is trading in the middle of its 52 week range.
In the last month MGRX has a been trading in the 1.49 - 2.88 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Volume is considerably higher in the last couple of days.
MGRX has a poor technical rating and the quality of the setup is also not perfect 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
1.99
3.56
When analyzing the support we notice one important area.
- A support zone ranging from 2.01 to 2.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- Resistance @3.52 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
CRS11.64
Mansfield-4.28
10 Day High2.88
10 Day Low1.49
20 Day High2.88
20 Day Low1.49
52 Week High16.8
52 Week Low1.49
Performance
1 Week2%
2 Weeks27.5%
1 Month-27.4%
3 Month-31.77%
6 Month-15.7%
12 Month-48.31%
2 Year-87.41%
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)0.11
RSI(14)42.18
LBB1.31
UBB2.58
2.04
-0.2 (-8.93%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryConsumer Staples Distribution & Retail
Performance
% Chg-8.93%
1 Week2%
2 Weeks27.5%
1 Month-27.4%
3 Month-31.77%
6 Month-15.7%
12 Month-48.31%
2 Year-87.41%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.38
ATR(20)%18.82%
ATR Inc172.24%
Range Today1.22
ADR(20)0.38
ADR(20)%18.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.64
Mansfield-4.28
10 Day High2.88
10 Day Low1.49
20 Day High2.88
20 Day Low1.49
52 Week High16.8
52 Week Low1.49
CS1 End2.03
CR1 Start3.52
Volume & EV
DER(3)-3.01%
DER(5)6.73%
Volume1.52M
Volume Incr51.32%
Vol(5)459.00K
Vol(50)208.77K