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MeiraGTx Holdings plc

MGTX Technical Analysis Summary (NASDAQ)

Analyze MGTX on the NASDAQ with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

MGTX●NASDAQ
HealthcareBiotechnology
$12.30
$0.53(4.50%)
U.S. Market opens in 14h 27m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

MGTX Technical Analysis Summary (NASDAQ)

MeiraGTx Holdings plc (NASDAQ: MGTX) stock currently shows a bullish trend on the NASDAQ, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 52.94)
Trend Strength:Strong (ADX: 34.64)
Volatility:High (ATR: 0.76)
Support/Resistance:$11.29 – $14.52 (Bollinger Bands)

Technical conditions suggest MeiraGTx Holdings plc on the NASDAQ is awaiting a decisive move. This mix signals that MeiraGTx Holdings plc is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 52.94

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 10.79

Bullish
Oversold zone signals rebound potential.

Williams %R: -76.14

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -15.28

Strongly Bearish
Sharp downside momentum.

Takeaway:MeiraGTx Holdings plc shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.22

Bullish
Bullish, trend momentum is strengthening.

ADX: 34.64

Strong
Strong trend, momentum well established.

ATR (14): 0.76

Low
Low volatility, stable price action.

CCI (14): -40.73

Bearish
Bearish, momentum remains under pressure.

Takeaway:MeiraGTx Holdings plc shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$14.52
Middle Band (SMA 20)
$12.90
Lower Band
$11.29
Current Position
Within Bands

Takeaway:MeiraGTx Holdings plc trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$13.83
Middle Line (EMA 20)
$12.32
Lower Channel
$10.80
Squeeze Status
No Squeeze

Takeaway:MeiraGTx Holdings plc trades around the middle line, reflecting balanced price action.

Volume & Money Flow Analysis
On-Balance Volume10.02M
Money Flow Index19.56Bullish, oversold conditions signal rebound potential.
Relative Vigor Index44.02Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:MGTX shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of MeiraGTx Holdings plc (NASDAQ: MGTX), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for MeiraGTx Holdings plc are mixed, suggesting a Hold or wait-and-see approach.

(NASDAQ: MGTX) Technical Analysis FAQ