Technical Analysis for MBCN - Mindbeacon Holdings Inc

Grade Last Price % Change Price Change
F 7.41 1.51% 0.110
MBCN closed up 1.51 percent on Thursday, April 15, 2021, on 6.06 times normal volume. The bears made the stock sink to a new 52-week low. 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. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Strong N/A Down Down
Historical MBCN trend table...

Date Alert Name Type % Chg
Hammer Candlestick Bullish 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
Volume Surge Other 0.00%
Lower Bollinger Band Walk Weakness 0.00%
New 52 Week Low Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
New 52 Week Closing Low Bearish 1.51%
180 Bearish Setup Bearish Swing Setup 1.51%
Expansion Breakdown Bearish Swing Setup 1.51%
Older End-of-Day Signals for MBCN ...

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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:

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 6.77
Average Volume 53,134
200-Day Moving Average 0.000
50-Day Moving Average 10.024
20-Day Moving Average 8.298
10-Day Moving Average 7.873
Average True Range 0.494
ADX 48.1
+DI 6.291
-DI 32.094
Chandelier Exit (Long, 3 ATRs ) 8.517
Chandelier Exit (Short, 3 ATRs ) 8.253
Upper Bollinger Band 9.348
Lower Bollinger Band 7.247
Percent B (%b) 0.08
BandWidth 25.316
MACD Line -0.648
MACD Signal Line -0.654
MACD Histogram 0.0055
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 8.760
Resistance 3 (R3) 8.697 8.183 8.535
Resistance 2 (R2) 8.183 7.840 8.215 8.460
Resistance 1 (R1) 7.797 7.627 7.540 7.860 8.385
Pivot Point 7.283 7.283 7.155 7.315 7.283
Support 1 (S1) 6.897 6.940 6.640 6.960 6.435
Support 2 (S2) 6.383 6.727 6.415 6.360
Support 3 (S3) 5.997 6.383 6.285
Support 4 (S4) 6.060