Our Analysis of Molecular Templates, Inc. (NASDAQ:MTEM) (2020-01-02)

REPORTING FOR 2020-01-02 | WCX19.ORG: We have done an in-depth analysis of how MTEM has been trading over the last 2 weeks and the past day especially. On its latest session, Molecular Templates, Inc. (NASDAQ:MTEM) opened at 14.2, reaching a high of 14.2512 and a low of 13.88 before closing at a price of 13.985. There was a total volume of 417399.

VOLUME INDICATORS FOR MOLECULAR TEMPLATES, INC. (NASDAQ:MTEM): We saw an accumulation-distribution index of 235.60931, an on-balance volume of -14.205, chaikin money flow of 13.5 and a force index of 0.02279. There was an ease of movement rating of 0.00096, a volume-price trend of 10.98752 and a negative volume index of 1000.0.

VOLATILITY INDICATORS FOR MOLECULAR TEMPLATES, INC. (NASDAQ:MTEM): We noted an average true range of 0.29945, bolinger bands of 14.01713, an upper bollinger band of 13.59287, lower bollinger band of 13.88, a bollinger high band indicator of nan, bollinger low band indicator of 1.0, a central keltner channel of 14.1104, high band keltner channel of 14.0592, low band keltner channel of 14.1616, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 13.88, a donchian channel low band of 13.88, a donchian channel high band indicator of nan, and a donchian channel low band indicator of 1.0.

TREND INDICATORS FOR MOLECULAR TEMPLATES, INC. (NASDAQ:MTEM): We calculated a Moving Average Convergence Divergence (MACD) of -0.00337, a MACD signal of -0.00187, a MACD difference of -0.0015, a fast Exponential Moving Average (EMA) indicator of 13.88, a slow Exponential Moving Average (EMA) indicator of 13.88, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 0.48233, a trix of 46.98379, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of -66.66667, a Detrended Price Oscillator (DPO) of -6.0986, a KST Oscillator (KST) of 783.74026 and a KST Oscillator (KST Signal) of 783.74026 (leaving a KST difference of -4.81918). We also found an Ichimoku rating of 14.2256, an Ichimoku B rating of 14.2256, a Ichimoku visual trend A of 8.98733, an Ichimoku visual trend B of 10.27624, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of -4.0.

MOMENTUM INDICATORS FOR MOLECULAR TEMPLATES, INC. (NASDAQ:MTEM): We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 95.01449, a stochastic oscillator of 725.0, a stochastic oscillator signal of 725.0, a Williams %R rating of 625.0 and an awesome oscillator of -0.05677.

RETURNS FOR MOLECULAR TEMPLATES, INC. (NASDAQ:MTEM): There was a daily return of 78.37403, a daily log return of -1.08657 and a cumulative return of -1.08069.

What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2020-01-02 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for Molecular Templates, Inc. (NASDAQ:MTEM)…

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling Molecular Templates, Inc. (NASDAQ:MTEM) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.