METACRINE INC (MTCR) Stock Technical Analysis
NASDAQ:MTCR - Nasdaq - US59101E1038 - Common Stock - Currency: USD
Taking everything into account, MTCR scores 7 out of 10 in our technical rating. In the past year, MTCR was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
MTCR is part of the Biotechnology industry. There are 571 other stocks in this industry. MTCR outperforms 83% of them.
When comparing the yearly performance of all stocks, we notice that MTCR is one of the better performing stocks in the market, outperforming 86% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
MTCR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MTCR is lagging the market.
In the last month MTCR has a been trading in the 0.41 - 0.53 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Although MTCR has an excellent technical rating, the quality of the presented setup is not ideal 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.
More info and screens
0.35
0.52
3 important support areas can be observed.
- A support zone ranging from 0.43 to 0.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.39 from a horizontal line in the weekly time frame.
- Support @0.35 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @0.51 from a horizontal line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.79
Mansfield0.33
10 Day High0.53
10 Day Low0.41
20 Day High0.53
20 Day Low0.41
52 Week High0.68
52 Week Low0.3
Performance
1 Week-4.83%
2 Weeks2.25%
1 Month8.77%
3 Month18.74%
6 Month-1.02%
12 Month6.5%
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)58.93
LBB0.43
UBB0.55
0.4949
0 (-0.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-0.02%
1 Week-4.83%
2 Weeks2.25%
1 Month8.77%
3 Month18.74%
6 Month-1.02%
12 Month6.5%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%5.48%
ATR Inc-15.95%
Range Today0.02
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.79
Mansfield0.33
10 Day High0.53
10 Day Low0.41
20 Day High0.53
20 Day Low0.41
52 Week High0.68
52 Week Low0.3
CS1 End0.43
CR1 Start0.51
Volume & EV
DER(3)-12.56%
DER(5)-10.08%
Volume1.02M
Volume Incr91.8%
Vol(5)738.82K
Vol(50)431.01K