MOONLAKE IMMUNOTHERAPEUTICS (MLTX)
KY61559X1045 - Common Stock
Overall MLTX gets a technical rating of 6 out of 10. Although MLTX is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
74% of all other stocks performed better in the past year than MLTX.
In the last month MLTX has a been trading in the 50.21 - 58.26 range, which is quite wide. It is currently trading near the lows of this range.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
MLTX is an average performer in the Biotechnology industry, it outperforms 63% of 568 stocks in the same industry.
MLTX is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MLTX is lagging the market slightly.
Although the technical rating is only medium, MLTX does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 51.30, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
37.27
56.87
When analyzing the support we can see 3 important areas.
- A support zone ranging from 49.77 to 51.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 45.58 to 46.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @37.65 from a horizontal line in the weekly time frame.
4 important resistance areas can be observed.
- Resistance @52.22 from a trend line in the daily time frame.
- A resistance zone ranging from 53.08 to 53.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 55.29 to 55.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @56.31 from a horizontal 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
CRS26.57
Mansfield-0.28
10 Day High58.26
10 Day Low50.21
20 Day High58.26
20 Day Low50.21
52 Week High64.98
52 Week Low37.55
Performance
1 Week1.62%
2 Weeks-3.94%
1 Month0.6%
3 Month-3.46%
6 Month35.75%
12 Month-13.27%
2 Year396.86%
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)-0.29
RSI(14)49.27
LBB50.53
UBB55.61
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 52.23 | 50.20 | 2.03 (3.89%) | 25.00% |
| An entry @52.23. This is a Buy Stop order right above the resistance zone. | An exit @50.20. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 2.03 points, which is 3.89%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.97%. |
- The distance between exit and entry is rather small compared to the average daily movement of MLTX. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
MOONLAKE IMMUNOTHERAPEUTICS
NASDAQ:MLTX (12/20/2024, 8:24:51 PM)
After market: 52.17 0 (0%)52.17
+0.29 (+0.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.56%
1 Week1.62%
2 Weeks-3.94%
1 Month0.6%
3 Month-3.46%
6 Month35.75%
12 Month-13.27%
2 Year396.86%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.01
ATR(20)%5.33%
ATR Inc20.78%
Range Today3.89
ADR(20)2.76
ADR(20)%5.29%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.57
Mansfield-0.28
10 Day High58.26
10 Day Low50.21
20 Day High58.26
20 Day Low50.21
52 Week High64.98
52 Week Low37.55
CS1 End51.3
CR1 Start52.22
Volume & EV
DER(3)0.23%
DER(5)0.61%
Volume192.70K
Volume Incr49.73%
Vol(5)272.46K
Vol(50)209.52K