Technical Analysis for MBCN - Mindbeacon Holdings Inc

Grade Last Price % Change Price Change
C 3.5 -1.69% -0.060
MBCN closed down 1.69 percent on Friday, December 3, 2021, on 20 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Flat Down
Historical MBCN trend table...

Date Alert Name Type % Chg
Fell Below 50 DMA Bearish 0.00%
Hammer Candlestick Bullish 0.00%
Lizard Bullish Bullish Day Trade Setup 0.00%
NR7 Range Contraction 0.00%
Doji - Bullish? Reversal 0.00%
Wide Bands Range Expansion 0.00%
Down 3 Days in a Row Weakness 0.00%
Down 4 Days in a Row Weakness 0.00%
Fell Below 20 DMA Bearish -1.69%
50 DMA Support Bullish -1.69%
Older End-of-Day Signals for MBCN ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Down 2% 3 days ago
Down 1% 3 days ago
Fell Below 50 DMA 3 days ago
10 DMA Resistance 5 days ago
Up 1% 5 days ago
View Earlier Intraday Alerts

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Profile

Mindbeacon Holdings Inc. designs and develops a platform for mental healthcare that includes self-guided psychoeducational, wellness content, therapist-assisted asynchronous therapies, and real-time synchronous therapies. The company was founded in 2015 and is based in Toronto, Canada.
Classification

Keywords: Mental Health

Is MBCN a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 13.44
52 Week Low 2.92
Average Volume 87,473
200-Day Moving Average 5.236
50-Day Moving Average 3.506
20-Day Moving Average 3.626
10-Day Moving Average 3.648
Average True Range 0.205
ADX 19.36
+DI 21.872
-DI 22.964
Chandelier Exit (Long, 3 ATRs) 3.645
Chandelier Exit (Short, 3 ATRs) 3.665
Upper Bollinger Bands 4.193
Lower Bollinger Band 3.059
Percent B (%b) 0.39
BandWidth 31.269
MACD Line 0.053
MACD Signal Line 0.080
MACD Histogram -0.0275
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 3.695
Resistance 3 (R3) 3.673 3.587 3.663
Resistance 2 (R2) 3.587 3.537 3.598 3.652
Resistance 1 (R1) 3.543 3.506 3.565 3.565 3.641
Pivot Point 3.457 3.457 3.468 3.468 3.457
Support 1 (S1) 3.413 3.407 3.435 3.435 3.359
Support 2 (S2) 3.327 3.376 3.338 3.348
Support 3 (S3) 3.283 3.327 3.338
Support 4 (S4) 3.305