Technical Analysis for MGX - Metagenomi, Inc.

Grade Last Price % Change Price Change
C 3.08 1.49% 0.05
MGX closed up 11.4 percent on Wednesday, January 22, 2025, on 6.48 times normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline. 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.
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Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
20 DMA Resistance Bearish 1.49%
Crossed Above 50 DMA Bullish 1.49%
Pocket Pivot Bullish Swing Setup 1.49%
Volume Surge Other 1.49%
Wide Range Bar Range Expansion 1.49%
Wide Bands Range Expansion 1.49%
Gapped Up Strength 1.49%
Oversold Stochastic Weakness 1.49%
Stochastic Buy Signal Bullish 13.05%
Wide Bands Range Expansion 13.05%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakout 34 minutes ago
Up 3% 34 minutes ago
Possible Pocket Pivot about 1 hour ago
Down 3% about 2 hours ago
Fell Below Previous Day's Low about 2 hours ago

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Profile

Metagenomi, Inc. Description

Metagenomi, Inc., a gene editing biotechnology company, develops therapeutics for patients using metagenomics-derived genome editing toolbox in the United States. The company's genome editing toolbox includes programmable nucleases, base editors, and RNA and DNA-mediated integration systems, such as prime editing systems and clustered regularly interspaced short palindromic repeat-associated transposases. It has a strategic collaboration and license agreement with ModernaTX, Inc. focusing on new genome editing system for in vivo human therapeutic applications; a development, option, and license agreement with Affini-T Therapeutics, Inc. to develop and commercialize gene edited T-cell receptor-based therapeutic products in the field of treatment, prevention, or diagnosis of human cancer; and a collaboration and license agreement with Ionis Pharmaceuticals, Inc. to research, develop, and commercialize investigational medicines using genome editing technologies. The company was incorporated in 2016 and is based in Emeryville, California.


Classification

Sector: Healthcare
Industry: Biotechnology
Keywords: Biotechnology Molecular Biology Genetic Engineering CRISPR Genome Editing Biological Engineering Gene Editing Human Cancer

Is MGX a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Comments

Indicators

Indicator Value
52 Week High 12.74
52 Week Low 1.62
Average Volume 2,607,422
200-Day Moving Average 4.04
50-Day Moving Average 2.81
20-Day Moving Average 3.34
10-Day Moving Average 2.91
Average True Range 0.41
RSI (14) 49.24
ADX 23.66
+DI 35.81
-DI 20.15
Chandelier Exit (Long, 3 ATRs) 3.16
Chandelier Exit (Short, 3 ATRs) 3.79
Upper Bollinger Bands 4.29
Lower Bollinger Band 2.40
Percent B (%b) 0.34
BandWidth 56.59
MACD Line -0.07
MACD Signal Line 0.03
MACD Histogram -0.1074
Fundamentals Value
Market Cap 113.39 Million
Num Shares 37.4 Million
EPS -2.24
Price-to-Earnings (P/E) Ratio -1.35
Price-to-Sales 1.77
Price-to-Book 0.38
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 4.62
Resistance 3 (R3) 4.77 4.38 4.36
Resistance 2 (R2) 4.38 3.98 4.31 4.27
Resistance 1 (R1) 3.71 3.73 3.52 3.56 4.18
Pivot Point 3.32 3.32 3.23 3.25 3.32
Support 1 (S1) 2.65 2.92 2.46 2.50 1.88
Support 2 (S2) 2.26 2.67 2.19 1.79
Support 3 (S3) 1.59 2.26 1.71
Support 4 (S4) 1.44