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(MBRX) Moleculin Biotech complete technical analysis [charts+indicators] | Buy/Sell Moleculin Biotech | (MBRX) share price targets

Complete technical analysis of Moleculin Biotech (MBRX) by charts plus indicators, forecast predictions and share price targets for Moleculin Biotech (MBRX)

Moleculin Biotech trades in USA in Health Care sector.

Showing technical analysis as on 2024-03-01 View latest technical analysis

10 day averaged volume of Moleculin Biotech is 91190

Date	Daily Closing Price	Open	High	Low	Volume
01 Fri Mar 2024	0.61	0.63	0.65	0.59	1.389 times
29 Thu Feb 2024	0.63	0.61	0.63	0.60	0.666 times
28 Wed Feb 2024	0.61	0.62	0.62	0.58	1.047 times
27 Tue Feb 2024	0.62	0.60	0.64	0.57	2.059 times
26 Mon Feb 2024	0.59	0.54	0.59	0.53	1.259 times
23 Fri Feb 2024	0.54	0.51	0.54	0.49	1.569 times
22 Thu Feb 2024	0.52	0.49	0.52	0.49	0.588 times
21 Wed Feb 2024	0.50	0.50	0.51	0.48	0.796 times
20 Tue Feb 2024	0.50	0.49	0.52	0.48	0.445 times
16 Fri Feb 2024	0.50	0.51	0.52	0.48	1.179 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 0.6, but if it comes below 0.6, then a intra day sell could be more profitable.
If you take a sell trade below 0.6, then use 0.6 as stoploss and 0.54 as target. However if you take a buy trade in stock , then use 0.6 as stoploss and 0.6 as target.

Share price targets for Moleculin Biotech (MBRX)

Target Type	Value
Downside Target	0.45
Downside Target	0.46
Downside Target	0.47
Downside Target	0.48
Downside Target	0.49
Downside Target	0.53
Downside Target	0.56
Downside Target	0.59
Upside Target	0.64
Upside Target	0.65
Upside Target	0.87
Upside Target	1.05

Intraday share price targets for Moleculin Biotech (MBRX)

Target Type	Value
Downside Intraday Target	0.54
Downside Intraday Target	0.48
Upside Intraday Target	0.66
Upside Intraday Target	0.72
Downside Intraday Target	0.6

Weekly technical analysis of Moleculin Biotech (MBRX)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Fri Mar 2024	0.61	0.54	0.65	0.53	1.889 times
23 Fri Feb 2024	0.54	0.49	0.54	0.48	0.901 times
16 Fri Feb 2024	0.50	0.52	0.56	0.48	0.701 times
09 Fri Feb 2024	0.52	0.51	0.56	0.47	1.125 times
02 Fri Feb 2024	0.51	0.53	0.53	0.46	0.298 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Moleculin Biotech (MBRX)

Date	Monthly Closing Price	Open	High	Low	Volume
01 Fri Mar 2024	0.61	0.63	0.65	0.59	0.071 times
29 Thu Feb 2024	0.63	0.51	0.64	0.47	0.395 times
31 Wed Jan 2024	0.50	0.86	1.05	0.45	1.052 times
29 Fri Dec 2023	0.86	0.60	0.87	0.49	1.342 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Moleculin Biotech (MBRX)

Price action analysis of Moleculin Biotech ( (MBRX) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Moleculin Biotech ( (MBRX) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Moleculin Biotech ( (MBRX) ) based on a mid to longer term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

ADX buy sell signal for Moleculin Biotech stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Moleculin Biotech in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Moleculin Biotech Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Moleculin Biotech in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Moleculin Biotech is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 0.57 and Moleculin Biotech (MBRX) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Moleculin Biotech (MBRX) stock. Volume based technical analysis of Moleculin Biotech (MBRX) stock is negative.

Moleculin Biotech Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.