METAGENOMI INC (MGX)

US59102M1045 - Common Stock

3.39  +0.29 (+9.18%)

Premarket: 3.52 +0.13 (+3.83%)

Technical Rating and Analysis

5

We assign a technical rating of 5 out of 10 to MGX. In the past year, MGX 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.

When comparing the yearly performance of all stocks, MGX is a bad performer in the overall market: 100% of all stocks are doing better.
MGX is one of the lesser performing stocks in the Biotechnology industry. 94% of 568 stocks in the same industry do better.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
MGX has an average volume of 2015430 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month MGX has a been trading in the 1.61 - 4.92 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
MGX Weekly chart
MGX Daily chart
Setup Rating and Analysis

3

MGX 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.

Support and Resistance Analysis

3.07

4.18

We found 1 important support area.

  • Support @3.10 from a horizontal line in the daily time frame.

2 important resistance areas can be observed.

  • Resistance @3.99 from a trend line in the daily time frame.
  • Resistance @4.14 from a trend line in the daily 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
CRS0
Mansfield-30
10 Day High4.92
10 Day Low1.83
20 Day High4.92
20 Day Low1.61
52 Week HighN/A
52 Week LowN/A
Performance
1 Week-19.09%
2 Weeks67%
1 Month93.71%
3 Month38.37%
6 Month-5.31%
12 MonthN/A
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)0.11
RSI(14)62.45
LBB1
UBB4.67
MGX Daily chart

METAGENOMI INC

NASDAQ:MGX (12/17/2024, 9:15:52 PM)

Premarket: 3.52 +0.13 (+3.83%)

3.39

+0.29 (+9.18%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg9.18%
1 Week-19.09%
2 Weeks67%
1 Month93.71%
3 Month38.37%
6 Month-5.31%
12 MonthN/A
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.57
ATR(20)%13.28%
ATR Inc
Range Today0.53
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High4.92
10 Day Low1.83
20 Day High4.92
20 Day Low1.61
52 Week HighN/A
52 Week LowN/A
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.68M
Volume Incr-44.22%
Vol(5)2.29M
Vol(50)2.02M