MATINAS BIOPHARMA HOLDINGS I (MTNB) Stock Technical Analysis
NYSEARCA:MTNB - NYSE Arca - US5768103039 - Common Stock - Currency: USD
Taking everything into account, MTNB scores 2 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. MTNB was also a bad performer in the overall market in the last year.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, MTNB is a bad performer in the overall market: 95% of all stocks are doing better.
MTNB is one of the lesser performing stocks in the Biotechnology industry. 70% of 572 stocks in the same industry do better.
MTNB 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 MTNB has a been trading in the 0.52 - 0.75 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although the technical rating is bad, MTNB does present a nice setup opportunity. Prices have been consolidating lately. We notice that large players showed an interest for MTNB in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.55
0.66
We found 3 important support areas.
- A support zone ranging from 0.60 to 0.60. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 0.57 to 0.57. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.56 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 0.65 to 0.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.05
Mansfield-9
10 Day High0.75
10 Day Low0.52
20 Day High0.75
20 Day Low0.52
52 Week High21.5
52 Week Low0.48
Performance
1 Week6.67%
2 Weeks10.34%
1 Month7.2%
3 Month3.91%
6 Month-90.85%
12 Month-94.43%
2 Year-97.33%
3 Year-97.77%
5 Year-98.72%
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)0.01
RSI(14)53.64
LBB0.55
UBB0.64
0.64
+0.06 (+9.97%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg9.97%
1 Week6.67%
2 Weeks10.34%
1 Month7.2%
3 Month3.91%
6 Month-90.85%
12 Month-94.43%
2 Year-97.33%
3 Year-97.77%
5 Year-98.72%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%12.21%
ATR Inc92.29%
Range Today0.19
ADR(20)0.08
ADR(20)%12.21%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.05
Mansfield-9
10 Day High0.75
10 Day Low0.52
20 Day High0.75
20 Day Low0.52
52 Week High21.5
52 Week Low0.48
CS1 End0.6
CR1 Start0.65
Volume & EV
DER(3)8.69%
DER(5)3.43%
Volume717.10K
Volume Incr86.06%
Vol(5)493.92K
Vol(50)548.01K