Technical Analysis for MNMD - Mind Medicine (MindMed) Inc.

Grade Last Price % Change Price Change
B 8.68 -2.58% -0.23
MNMD closed down 2.58 percent on Friday, April 19, 2024, on 56 percent of normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
Earnings due: May 2
*** please verify all earnings dates ***
3 Watchers
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Down

Date Alert Name Type % Chg
Strong but Oversold Other 0.00%
Down 3 Days in a Row Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
New Downtrend Bearish -2.58%
Stochastic Reached Oversold Weakness -2.58%
Strong but Oversold Other -2.58%
Oversold Stochastic Weakness -2.58%
NR7 Range Contraction -8.92%
Multiple of Ten Bearish Other -8.92%

   Recent Intraday Alerts

Alert Time
Up 1% about 18 hours ago
Lower Bollinger Band Support about 19 hours ago
Down 5% about 19 hours ago
Down 3% about 19 hours ago
Fell Below Lower Bollinger Band about 19 hours ago

Free Daily (Stock) Chart Reading

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Profile

Mind Medicine (MindMed) Inc., a psychedelic medicine biotech company, discovers, develops, and deploys psychedelic inspired medicines and therapies to address addiction and mental illness. The company is assembling a compelling drug development pipeline of innovative treatments based on psychedelic substances, including Psilocybin, LSD, MDMA, DMT, and an Ibogaine derivative, 18-MC. The company is headquartered in New York, New York.
Classification

Sector: Healthcare
Industry: Biotechnology
Keywords: Drugs Drug Development Psychoactive Drugs Entheogens Psychedelic Drug N Dimethyltryptamine

Is MNMD 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 12.22
52 Week Low 2.41
Average Volume 2,684,260
200-Day Moving Average 4.70
50-Day Moving Average 7.96
20-Day Moving Average 10.02
10-Day Moving Average 9.85
Average True Range 0.94
RSI (14) 44.75
ADX 36.28
+DI 18.23
-DI 22.47
Chandelier Exit (Long, 3 ATRs) 9.41
Chandelier Exit (Short, 3 ATRs) 11.12
Upper Bollinger Bands 11.49
Lower Bollinger Band 8.55
Percent B (%b) 0.04
BandWidth 29.33
MACD Line 0.30
MACD Signal Line 0.65
MACD Histogram -0.3551
Fundamentals Value
Market Cap 348.02 Million
Num Shares 40.1 Million
EPS -1.87
Price-to-Earnings (P/E) Ratio -4.64
Price-to-Sales 0.00
Price-to-Book 1.84
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 9.72
Resistance 3 (R3) 9.71 9.35 9.54
Resistance 2 (R2) 9.35 9.09 9.36 9.48
Resistance 1 (R1) 9.02 8.93 8.84 9.03 9.43
Pivot Point 8.66 8.66 8.58 8.67 8.66
Support 1 (S1) 8.33 8.40 8.15 8.34 7.93
Support 2 (S2) 7.97 8.24 7.98 7.88
Support 3 (S3) 7.64 7.97 7.82
Support 4 (S4) 7.65