Technical Analysis for MLEC - Moolec Science SA

Grade Last Price % Change Price Change
F 1.33 -1.48% -0.02
MLEC closed down 3.57 percent on Wednesday, May 8, 2024, on 6 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. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
Earnings due: May 29
*** please verify all earnings dates ***
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down

Date Alert Name Type % Chg
1,2,3 Pullback Bullish Bullish Swing Setup -1.48%
NR7 Range Contraction -1.48%
NR7-2 Range Contraction -1.48%
Narrow Range Bar Range Contraction -1.48%
Wide Bands Range Expansion -1.48%
Oversold Stochastic Weakness -1.48%
NR7 Range Contraction -5.00%
NR7-2 Range Contraction -5.00%
Narrow Range Bar Range Contraction -5.00%
Wide Bands Range Expansion -5.00%

   Recent Intraday Alerts

Alert Time
Possible NR7 about 1 hour ago
Down 3% about 5 hours ago
Fell Below Previous Day's Low about 5 hours ago
Down 2 % about 5 hours ago
Down 1% about 5 hours ago

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Profile

Moolec Science SA Description

Moolec Science is a science-based ingredient company focused on producing animal proteins in plants through Molecular Farming, a disruptive technology in the alternative protein landscape. Its purpose is to upgrade the taste, nutrition, and affordability of alternative protein products while building a more sustainable and equitable food system. The company’s technological approach aims to have the cost structure of plant-based solutions with the organoleptic properties and functionality of animal-based ones. Moolec Science’s technology has been under development for more than a decade and is known for pioneering the production of a bovine protein in a crop for the food industry. The company’s product portfolio and pipeline leverages the agronomic efficiency of broadly used target crops, like soybeans and peas and Moolec Science has a growing international patent portfolio (22, both granted and pending) for its Molecular Farming technology. The company is run by a diverse team of Ph.Ds and Food Insiders, and operates in the United States, Europe, and South America.


Classification

Sector: Healthcare
Industry: Biotechnology
Keywords: Molecular Biology Agriculture Crops Soybean Food Industry Genetic Engineering Biological Engineering Disruptive Technology Pharming

Is MLEC 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 4.39
52 Week Low 1.15
Average Volume 1,861,137
200-Day Moving Average 2.32
50-Day Moving Average 1.48
20-Day Moving Average 1.43
10-Day Moving Average 1.39
Average True Range 0.23
RSI (14) 46.81
ADX 36.91
+DI 38.76
-DI 19.13
Chandelier Exit (Long, 3 ATRs) 2.57
Chandelier Exit (Short, 3 ATRs) 1.83
Upper Bollinger Bands 1.96
Lower Bollinger Band 0.90
Percent B (%b) 0.43
BandWidth 74.31
MACD Line -0.02
MACD Signal Line -0.01
MACD Histogram -0.0076
Fundamentals Value
Market Cap 57.79 Million
Num Shares 42.8 Million
EPS -1.40
Price-to-Earnings (P/E) Ratio -0.96
Price-to-Sales 30.27
Price-to-Book 9.00
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 1.46
Resistance 3 (R3) 1.46 1.42 1.44
Resistance 2 (R2) 1.42 1.40 1.42 1.43
Resistance 1 (R1) 1.39 1.38 1.37 1.39 1.43
Pivot Point 1.35 1.35 1.35 1.35 1.35
Support 1 (S1) 1.32 1.33 1.30 1.32 1.27
Support 2 (S2) 1.28 1.31 1.28 1.27
Support 3 (S3) 1.25 1.28 1.26
Support 4 (S4) 1.25