MONGODB INC.
MONGODB INC.
- USD (-)
- 15 min delayed data - NASDAQ Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: MDB
ISIN:

MONGODB INC. - Daily - Technical analysis published on 07/12/2020 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Strongly bullish
Technical indicators
61%
11%
28%
My opinion
Bullish above 221.44 USD
My targets
238.38 USD (+4.40%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on MONGODB INC. as long as the price remains well above 221.44 USD. The buyers” bullish objective is set at 238.38 USD. A bullish break in this resistance would boost the bullish momentum. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.7

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by hsokkar. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

MONGODB INC. rating 228.34 USD. The price registered a decrease of -3.49% on the session and was between 225.56 USD and 237.93 USD. This implies that the price is at +1.23% from its lowest and at -4.03% from its highest.

225.56
237.93
228.34

So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner for higher/lower results shows the following items:

Central Records

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this Daily chart of MONGODB INC. indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

The probability of a further increase are moderate given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is under support 3

Type : Neutral

Timeframe : Daily


SuperTrend indicator bullish reversal

Type : Bullish

Timeframe : Daily


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : Daily


Near support of channel

Type : Bullish

Timeframe : Daily



Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:

Central Candlesticks

Doji

Type : Neutral

Timeframe : Daily




ProTrendLines
S3
S2
S1
R1
Price


S3S2S1PriceR1
ProTrendLines 180.09 193.67 221.44 228.34 238.38
Change (%) -21.13% -15.18% -3.02% - +4.40%
Change -48.25 -34.67 -6.90 - +10.04
Level Major Major Intermediate - Major



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard225.48228.39232.50235.41239.52242.43246.54
Camarilla234.67235.31235.96236.60237.24237.89238.53
Woodie226.07228.69233.09235.71240.11242.73247.13
Fibonacci228.39231.08232.73235.41238.10239.75242.43


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard199.94207.87216.52224.45233.11241.04249.69
Camarilla220.62222.14223.66225.18226.70228.22229.74
Woodie200.30208.05216.89224.63233.47241.22250.06
Fibonacci207.87214.20218.12224.45230.79234.70241.04


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard139.62163.99195.17219.54250.72275.09306.27
Camarilla211.06216.16221.25226.34231.43236.52241.62
Woodie143.02165.69198.57221.24254.12276.79309.67
Fibonacci163.99185.21198.32219.54240.76253.87275.09

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 58.43
MACD (12,26,9): 7.4500
Directional Movement: 6.52
AROON (14): 92.86
DEMA (21): 231.24
Parabolic SAR (0,02-0,02-0,2): 218.44
Elder Ray (13): 6.71
Super Trend (3,10): 205.18
Zig ZAG (10): 228.34
VORTEX (21): 1.0800
Stochastique (14,3,5): 87.07
TEMA (21): 230.82
Williams %R (14): -31.92
Chande Momentum Oscillator (20): 11.55
Repulse (5,40,3): -2.1800
ROCnROLL: 1
TRIX (15,9): 0.4500
Courbe Coppock: 20.54
MA7: 228.64
MA20: 218.46
MA50: 206.90
MA100: 174.37
MAexp7: 228.65
MAexp20: 221.32
MAexp50: 205.35
MAexp100: 186.40
Price / MA7: -0.13%
Price / MA20: +4.52%
Price / MA50: +10.36%
Price / MA100: +30.95%
Price / MAexp7: -0.14%
Price / MAexp20: +3.17%
Price / MAexp50: +11.20%
Price / MAexp100: +22.50%

Quotes : 2020-07-10 19:59:59 - 15 min delayed data - NASDAQ Stocks

News


The latest news and videos published on MONGODB INC. at the time of the analysis were as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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