METAGENOMI INC (MGX) Stock Technical Analysis
NASDAQ:MGX - Nasdaq - US59102M1045 - Common Stock
Taking everything into account, MGX scores 2 out of 10 in our technical rating. MGX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
100% of all other stocks performed better in the past year than MGX.
MGX is one of the lesser performing stocks in the Biotechnology industry. 92% of 572 stocks in the same industry do better.
MGX has an average volume of 2433420 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 2.55 - 4.40 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of MGX is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
2.57
3.96
We found 1 important support area.
- A support zone ranging from 2.60 to 2.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @3.71 from a trend line in the daily time frame.
- Resistance @3.92 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
CRS0
Mansfield-30
10 Day High3.79
10 Day Low2.55
20 Day High4.4
20 Day Low2.55
52 Week HighN/A
52 Week LowN/A
Performance
1 Week-6.53%
2 Weeks-24.86%
1 Month-12.54%
3 Month36%
6 Month-39.15%
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)-0.14
RSI(14)42.16
LBB2.38
UBB3.94
METAGENOMI INC
NASDAQ:MGX (1/22/2025, 9:48:08 AM)
3.39
+0.67 (+24.63%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg24.63%
1 Week-6.53%
2 Weeks-24.86%
1 Month-12.54%
3 Month36%
6 Month-39.15%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.29
ATR(20)%13.54%
ATR Inc-38.61%
Range Today0.43
ADR(20)0.36
ADR(20)%10.49%
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 High3.79
10 Day Low2.55
20 Day High4.4
20 Day Low2.55
52 Week HighN/A
52 Week LowN/A
CS1 End2.6
CR1 Start3.71
Volume & EV
DER(3)-5.59%
DER(5)-9.28%
Volume4.25M
Volume Incr22.06%
Vol(5)1.63M
Vol(50)2.43M