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

MESA LABORATORIES INC. - Daily - Technical analysis published on 02/26/2020 (GMT)

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  • Timeframe : Daily
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Summary of the analysis

Trends
Court terme: Neutral
De fond: Bullish
Technical indicators
28%
28%
44%
My opinion
Bullish above 246.55 USD
My targets
270.17 USD (+3.51%)
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers” generally have the upper hand, even if a small correction (not tradeable) on the support located at 246.55 USD remains possible. It is advisable to trade MESA LABORATORIES INC. with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 246.55 USD. The next bullish objective for buyers is set at 270.17 USD. A bullish break in this resistance would boost the bullish momentum. PS: if there is a bearish break in the support located at 246.55 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.

Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
FORCE
0
10
2.5

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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
1H Weekly

Additional analysis

Quotes

The MESA LABORATORIES INC. price is 261.00 USD. The price registered a decrease of -2.25% on the session and was between 257.60 USD and 268.26 USD. This implies that the price is at +1.32% from its lowest and at -2.71% from its highest.

257.60
268.26
261.00

A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

Near a new HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


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 MESA LABORATORIES INC. in Daily shows an overall bullish trend. 71.43% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, of the 18 technical indicators analysed by Central Analyzer, 5 are bullish, 8 are neutral and 5 are bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : Daily


Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly


Price is back over the pivot point

Type : Bullish

Timeframe : Daily


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
Price


S3S2S1PriceR1
ProTrendLines 213.21 222.61 260.00 261.00 270.17
Change (%) -18.31% -14.71% -0.38% - +3.51%
Change -47.79 -38.39 -1.00 - +9.17
Level Intermediate Major Major - Major



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard257.43259.50263.25265.33269.08271.15274.90
Camarilla265.40265.93266.47267.00267.53268.07268.60
Woodie258.26259.92264.09265.74269.91271.57275.74
Fibonacci259.50261.73263.10265.33267.55268.93271.15


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard250.81255.33262.41266.93274.01278.53285.61
Camarilla266.29267.35268.42269.48270.54271.61272.67
Woodie252.08255.97263.68267.57275.28279.17286.88
Fibonacci255.33259.77262.50266.93271.37274.10278.53


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard218.38230.66246.55258.83274.72287.00302.89
Camarilla254.69257.28259.86262.44265.02267.60270.19
Woodie220.19231.56248.36259.73276.53287.90304.70
Fibonacci230.66241.42248.07258.83269.59276.24287.00

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 48.77
MACD (12,26,9): 1.9300
Directional Movement: -3.67
AROON (14): 50.00
DEMA (21): 266.03
Parabolic SAR (0,02-0,02-0,2): 252.31
Elder Ray (13): -1.11
Super Trend (3,10): 270.95
Zig ZAG (10): 261.00
VORTEX (21): 0.9200
Stochastique (14,3,5): 77.72
TEMA (21): 264.78
Williams %R (14): -41.38
Chande Momentum Oscillator (20): -9.25
Repulse (5,40,3): -0.1000
ROCnROLL: -1
TRIX (15,9): 0.1100
Courbe Coppock: 0.40
MA7: 265.80
MA20: 263.57
MA50: 258.03
MA100: 244.28
MAexp7: 264.74
MAexp20: 263.19
MAexp50: 257.41
MAexp100: 249.50
Price / MA7: -1.81%
Price / MA20: -0.98%
Price / MA50: +1.15%
Price / MA100: +6.84%
Price / MAexp7: -1.41%
Price / MAexp20: -0.83%
Price / MAexp50: +1.39%
Price / MAexp100: +4.61%

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

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