METAGENOMI INC (MGX) Stock Technical Analysis
NASDAQ:MGX - Nasdaq - US59102M1045 - Common Stock - Currency: USD
Overall MGX gets a technical rating of 1 out of 10. MGX'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 negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, MGX is a bad performer in the overall market: 90% of all stocks are doing better.
MGX is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month MGX has a been trading in the 2.25 - 3.07 range, which is quite wide. It is currently trading near the lows of this range.
MGX has an average volume of 2855170 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
MGX is an average performer in the Biotechnology industry, it outperforms 45% of 572 stocks in the same industry.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, MGX does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
2.25
3.19
We found 1 important support area.
- Support @2.27 from a horizontal line in the daily time frame.
4 important resistance areas can be observed.
- Resistance @2.36 from a trend line in the daily time frame.
- Resistance @2.51 from a trend line in the daily time frame.
- A resistance zone ranging from 2.58 to 2.62. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.16 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.69
Mansfield-5.37
10 Day High2.82
10 Day Low2.25
20 Day High3.07
20 Day Low2.25
52 Week High12.5
52 Week Low1.61
Performance
1 Week-3.67%
2 Weeks-10.61%
1 Month-20.54%
3 Month24.87%
6 Month-26.71%
12 Month-80.17%
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)42.18
LBB2.24
UBB2.74
2.36
-0.08 (-3.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-3.28%
1 Week-3.67%
2 Weeks-10.61%
1 Month-20.54%
3 Month24.87%
6 Month-26.71%
12 Month-80.17%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%9.6%
ATR Inc-30.43%
Range Today0.16
ADR(20)0.22
ADR(20)%9.33%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.69
Mansfield-5.37
10 Day High2.82
10 Day Low2.25
20 Day High3.07
20 Day Low2.25
52 Week High12.5
52 Week Low1.61
CS1 End2.27
CR1 Start2.36
Volume & EV
DER(3)-8.01%
DER(5)-6.61%
Volume392.80K
Volume Incr-62.77%
Vol(5)673.02K
Vol(50)2.86M