Technical Analysis for MGRO - Mustgrow Biologics Corp

Grade Last Price % Change Price Change
D 1.170 6.36% 0.070
MGRO closed up 6.36 percent on Tuesday, November 28, 2023, on 70 percent of normal volume.
Earnings due: Nov 29
*** please verify all earnings dates ***

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Flat

Date Alert Name Type % Chg
MACD Bullish Signal Line Cross Bullish 0.00%
Inside Day Range Contraction 0.00%
Wide Bands Range Expansion 0.00%
20 DMA Resistance Bearish 6.36%
MACD Bearish Signal Line Cross Bearish 6.36%
180 Bearish Setup Bearish Swing Setup 6.36%
Outside Day Range Expansion 6.36%
Wide Bands Range Expansion 6.36%
Gapped Up Strength 6.36%
Stochastic Buy Signal Bullish 1.74%

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Alert Time
10 DMA Resistance about 20 hours ago
Possible Inside Day about 20 hours ago
Rose Above 10 DMA about 23 hours ago
Up 5% about 23 hours ago
Up 3% about 23 hours ago

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Profile

Mustgrow Biologics Corp Description

MustGrow Biologics Corp., an agricultural biotech company, focuses om development and commercialization of natural biopesticide, biofumigants, and bioherbicides derived from mustard seed. It provides preplant soil biofumigation, a technology to treat soil-borne diseases and pests for various crops, including fruit, vegetables, and other crops. The company is also developing bioherbicide to treat unwanted plant growth for use in organic agriculture, home, and garden markets, as well as agriculture markets; and postharvest food preservation, an application in sprout, disease, and pathogen treatment for storage and food preservation markets. In addition, it focuses on providing CannaPM, an active ingredient to treat fungal soil diseases, as well as foliar diseases. The company was formerly known as Duport Capital Ltd. and changed its name to MustGrow Biologics Corp. in March 2018. MustGrow Biologics Corp. was incorporated in 2014 and is headquartered in Saskatoon, Canada.


Classification

Sector: Basic Materials
Industry: Agricultural Inputs
Keywords: Nature Biotechnology Disease Life Sciences Pharmacy Biopharmaceutical Pharmaceutical Industry Organic Farming

Is MGRO 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 3.95
52 Week Low 0.72
Average Volume 24,194
200-Day Moving Average 2.054
50-Day Moving Average 1.270
20-Day Moving Average 1.217
10-Day Moving Average 1.167
Average True Range 0.107
RSI (14) 48.19
ADX 17.95
+DI 28.576
-DI 21.337
Chandelier Exit (Long, 3 ATRs) 1.278
Chandelier Exit (Short, 3 ATRs) 1.252
Upper Bollinger Bands 1.410
Lower Bollinger Band 1.024
Percent B (%b) 0.38
BandWidth 31.723
MACD Line -0.032
MACD Signal Line -0.033
MACD Histogram 0.0014
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 1.290
Resistance 3 (R3) 1.287 1.243 1.270
Resistance 2 (R2) 1.243 1.213 1.245 1.263
Resistance 1 (R1) 1.207 1.194 1.225 1.210 1.257
Pivot Point 1.163 1.163 1.173 1.165 1.163
Support 1 (S1) 1.127 1.133 1.145 1.130 1.083
Support 2 (S2) 1.083 1.114 1.085 1.077
Support 3 (S3) 1.047 1.083 1.070
Support 4 (S4) 1.050