Technical Analysis for MGRM - Monogram Orthopaedics Inc.

Grade Last Price % Change Price Change
D 3.11 -23.59% -0.96
MGRM closed down 23.59 percent on Friday, April 12, 2024, on 5.99 times normal volume. The stock fell below its 200 day moving average, damaging its long-term outlook by crossing under that critical trendline.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Up Up

Date Alert Name Type % Chg
Fell Below 200 DMA Bearish 0.00%
New Uptrend Bullish 0.00%
Jack-in-the-Box Bullish Bullish Swing Setup 0.00%
Volume Surge Other 0.00%
Calm After Storm Range Contraction 0.00%
Inside Day Range Contraction 0.00%
Wide Bands Range Expansion 0.00%
Gapped Down Weakness 0.00%
20 DMA Support Bullish -23.59%
Crossed Above 200 DMA Bullish -23.59%

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Profile

Monogram Orthopaedics Inc. Description

Monogram Orthopaedics is working to develop a product solution architecture with the long-term goal of enabling patient-optimized orthopedic implants at scale by linking 3D printing and robotics with advanced pre-operative imaging. The Company has a robot prototype that can autonomously execute optimized paths for high-precision insertion of implants in synthetic bone specimens. Monogram intends to produce and market robotic surgical equipment and related software, orthopedic implants, tissue ablation tools, navigation consumables, and other miscellaneous instrumentation necessary for reconstructive joint replacement procedures. The Company has not yet made 510(k) premarket notification submissions or obtained 510(k) clearances for any of its robotic products. FDA approval is required to market these products, and the Company has not obtained FDA approval for any of its robotic products, and it cannot estimate the timing, or assure the ability, to obtain such clearances.


Classification

Sector: Healthcare
Industry: Medical Devices
Keywords: FDA Prosthetics Implant Healthcare Quality Joint Replacement

Is MGRM 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 48.99
52 Week Low 1.53
Average Volume 252,316
200-Day Moving Average 3.36
50-Day Moving Average 2.66
20-Day Moving Average 2.36
10-Day Moving Average 2.57
Average True Range 0.50
RSI (14) 57.98
ADX 25.74
+DI 43.28
-DI 8.01
Chandelier Exit (Long, 3 ATRs) 3.41
Chandelier Exit (Short, 3 ATRs) 3.02
Upper Bollinger Bands 3.30
Lower Bollinger Band 1.41
Percent B (%b) 0.9
BandWidth 80.20
MACD Line 0.11
MACD Signal Line -0.04
MACD Histogram 0.1494
Fundamentals Value
Market Cap 96.82 Million
Num Shares 31.1 Million
EPS -0.45
Price-to-Earnings (P/E) Ratio -6.91
Price-to-Sales 0.00
Price-to-Book 8.34
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 3.86
Resistance 3 (R3) 3.84 3.56 3.74
Resistance 2 (R2) 3.56 3.37 3.58 3.69
Resistance 1 (R1) 3.34 3.25 3.45 3.36 3.65
Pivot Point 3.06 3.06 3.12 3.08 3.06
Support 1 (S1) 2.84 2.87 2.95 2.86 2.57
Support 2 (S2) 2.56 2.75 2.58 2.53
Support 3 (S3) 2.34 2.56 2.49
Support 4 (S4) 2.36