MANGOCEUTICALS INC (MGRX) Stock Technical Analysis
NASDAQ:MGRX - Nasdaq - US56270V2051 - Common Stock - Currency: USD
Overall MGRX gets a technical rating of 4 out of 10. In the past year, MGRX was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
80% 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. 60% of 41 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. The S&P500 Index is trading in the upper part of its 52 week range, so MGRX is lagging the market.
In the last month MGRX has a been trading in the 2.07 - 3.10 range, which is quite wide. It is currently trading near the high of this range.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
MGRX has an average technical rating and it also does not offer a high 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
2.43
6.68
We found 2 important support areas.
- A support zone ranging from 2.60 to 2.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 2.45 to 2.48. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 3.00 to 3.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @6.61 from a horizontal 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
CRS20.54
Mansfield-3.01
10 Day High3.1
10 Day Low2.5
20 Day High3.1
20 Day Low2.07
52 Week High16.8
52 Week Low2.07
Performance
1 Week11.57%
2 Weeks9.93%
1 Month20.56%
3 Month23.55%
6 Month-53.64%
12 Month-42.56%
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)0.04
RSI(14)63.74
LBB2.4
UBB3.01
MANGOCEUTICALS INC
NASDAQ:MGRX (1/27/2025, 11:31:04 AM)
2.88
-0.11 (-3.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryConsumer Staples Distribution & Retail
Performance
% Chg-3.68%
1 Week11.57%
2 Weeks9.93%
1 Month20.56%
3 Month23.55%
6 Month-53.64%
12 Month-42.56%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.17
ATR(20)%6.2%
ATR Inc20.19%
Range Today0.09
ADR(20)0.18
ADR(20)%6.36%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.54
Mansfield-3.01
10 Day High3.1
10 Day Low2.5
20 Day High3.1
20 Day Low2.07
52 Week High16.8
52 Week Low2.07
CS1 End2.65
CR1 Start3
Volume & EV
DER(3)7.44%
DER(5)3.97%
Volume6.11K
Volume Incr-31.02%
Vol(5)66.60K
Vol(50)77.77K