NASDAQ:MNDY - Nasdaq - IL0011762130 - Common Stock - Currency: USD
Taking everything into account, MNDY scores 3 out of 10 in our technical rating. Although MNDY is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is bad, MNDY does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 246.29. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 219.35, a Stop Loss order could be placed below this zone.
210.86
We found 2 important support areas.
3 important resistance areas can be observed.
246.28
-4.06 (-1.62%)