Technical Analysis for MACK - Merrimack Pharmaceuticals, Inc.

Grade Last Price % Change Price Change
B 14.73 0.14% 0.02
MACK closed up 0.14 percent on Thursday, April 25, 2024, on 67 percent of normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline.
Earnings due: May 2
*** please verify all earnings dates ***
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Very Strong Up Flat Flat

Date Alert Name Type % Chg
Crossed Above 20 DMA Bullish 0.00%
Crossed Above 50 DMA Bullish 0.00%
1,2,3 Pullback Bullish Bullish Swing Setup 0.00%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 0.00%
Bollinger Band Squeeze Range Contraction 0.00%
Fell Below 20 DMA Bearish 0.14%
Fell Below 50 DMA Bearish 0.14%
Bollinger Band Squeeze Range Contraction 0.14%
BB Squeeze + Upper Band Touch Range Contraction 0.14%
Upper Bollinger Band Touch Strength 0.14%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakout about 19 hours ago
10 DMA Support about 19 hours ago
Fell Below Previous Day's Low about 19 hours ago
50 DMA Resistance about 20 hours ago
20 DMA Resistance about 20 hours ago

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Profile

Merrimack Pharmaceuticals, Inc. Description

Merrimack Pharmaceuticals, Inc., a biopharmaceutical company, focuses on discovering, developing, and preparing to commercialize medicines paired with companion diagnostics for the treatment of cancer in the United States. The company uses its Network Biology proprietary systems biology-based approach to biomedical research. Its therapeutic oncology candidates in clinical development include MM-398, a stable nanotherapeutic encapsulation of the marketed chemotherapy drug irinotecan, which is in multiple ongoing Phase I, Phase II, Phase III clinical trials for various cancers; MM-121, a fully human monoclonal antibody that targets ErbB3, a cell surface receptor implicated in cancer, which is in multiple ongoing Phase I and Phase II clinical trials; and MM-111, a bispecific antibody designed to inhibit ErbB3 signaling in cancer cells that are characterized by overexpression of the ErbB2 cell receptor, which is in multiple ongoing Phase I and Phase II clinical trials. The company's product candidates also include MM-302, a nanotherapeutic encapsulation of doxorubicin with attached antibodies that target the ErbB2 (HER2) receptor in Phase 1 clinical trial in patients with advanced ErbB2 positive breast cancer; MM-151, an oligoclonal therapeutic consisting of a mixture of three human antibody antagonists, which is in Phase I clinical trial; and MM-141, a human tetravalent bispecific antibody designed to inhibit signaling of the PI3K/AKT/mTOR pathway initiated by the insulin-like growth factor 1 receptor(IGF-1R) and ErbB3, which is in Phase 1 clinical trial. It has collaboration and license agreements with Sanofi; Dyax Corp.; PharmaEngine, Inc.; Adimab LLC; University of California; U.S. Public Health Service; and Selexis SA. The company was incorporated in 1993 and is headquartered in Cambridge, Massachusetts.


Classification

Sector: Healthcare
Industry: Biotechnology
Keywords: Medicine Biopharmaceutical Cancer Biology Clinical Development Antibodies Treatment Of Cancer Monoclonal Antibody Breast Cancer Chemotherapy Treatment Of Breast Cancer Insulin Medical Research Cancer Cell Public Health Tyrosine Kinase Receptors Epidermal Growth Factor Receptor Her2 Her2/Neu Systems Biology mTOR Companion Diagnostic Doxorubicin Mm 151 Pi3k/Akt/Mtor Pathway

Is MACK 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 15.89
52 Week Low 11.53
Average Volume 123,217
200-Day Moving Average 13.12
50-Day Moving Average 14.71
20-Day Moving Average 14.71
10-Day Moving Average 14.70
Average True Range 0.07
RSI (14) 57.98
ADX 52.07
+DI 21.33
-DI 8.20
Chandelier Exit (Long, 3 ATRs) 14.63
Chandelier Exit (Short, 3 ATRs) 14.88
Upper Bollinger Bands 14.76
Lower Bollinger Band 14.66
Percent B (%b) 0.68
BandWidth 0.66
MACD Line 0.03
MACD Signal Line 0.04
MACD Histogram -0.0093
Fundamentals Value
Market Cap 210.95 Million
Num Shares 14.3 Million
EPS -0.10
Price-to-Earnings (P/E) Ratio -147.30
Price-to-Sales 0.00
Price-to-Book 10.51
PEG Ratio 0.07
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 14.81
Resistance 3 (R3) 14.80 14.78 14.79
Resistance 2 (R2) 14.78 14.76 14.78 14.79
Resistance 1 (R1) 14.75 14.75 14.77 14.76 14.78
Pivot Point 14.73 14.73 14.73 14.73 14.73
Support 1 (S1) 14.70 14.71 14.72 14.71 14.68
Support 2 (S2) 14.68 14.70 14.68 14.67
Support 3 (S3) 14.65 14.68 14.67
Support 4 (S4) 14.66