MAINZ BIOMED NV (MYNZ) Stock Technical Analysis
NASDAQ:MYNZ - Nasdaq - NL0015000LC2 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to MYNZ. MYNZ 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 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, MYNZ is a bad performer in the overall market: 97% of all stocks are doing better.
MYNZ is one of the lesser performing stocks in the Biotechnology industry. 74% of 571 stocks in the same industry do better.
MYNZ is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so MYNZ is lagging the market.
In the last month MYNZ has a been trading in the 4.87 - 8.20 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Although the technical rating is bad, MYNZ does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
5.02
6.85
When analyzing the resistance we notice 3 important areas.
- Resistance @5.88 from a trend line in the daily time frame.
- Resistance @6.01 from a trend line in the weekly time frame.
- Resistance @6.78 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
CRS3.87
Mansfield-7.13
10 Day High6.29
10 Day Low4.87
20 Day High8.2
20 Day Low4.87
52 Week High45.6
52 Week Low3.65
Performance
1 Week-10.42%
2 Weeks-16.06%
1 Month-16.75%
3 Month-27.27%
6 Month-61.18%
12 Month-86.99%
2 Year-97.98%
3 Year-99.13%
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)-0.16
RSI(14)42.67
LBB4.32
UBB7.61
5.07
-0.16 (-3.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-3.06%
1 Week-10.42%
2 Weeks-16.06%
1 Month-16.75%
3 Month-27.27%
6 Month-61.18%
12 Month-86.99%
2 Year-97.98%
3 Year-99.13%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.86
ATR(20)%19.8%
ATR Inc-8.81%
Range Today0.71
ADR(20)1
ADR(20)%19.65%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.87
Mansfield-7.13
10 Day High6.29
10 Day Low4.87
20 Day High8.2
20 Day Low4.87
52 Week High45.6
52 Week Low3.65
CS1 EndN/A
CR1 Start5.88
Volume & EV
DER(3)-15.7%
DER(5)-10.48%
Volume221.40K
Volume Incr-42.01%
Vol(5)214.82K
Vol(50)229.77K