MSB 5.50% $1.38 mesoblast limited

the market is clean...what?, page-27

  1. 2,101 Posts.
    lightbulb Created with Sketch. 218
    He'll I will even post some simple analysis on the stock from the trading platform.

    However, there are some reasons why we remain bearish on the stock for the short-term:
    • In the last three months the stock has hit a new 52-week low five times, pointing to a downtrend.
    • Its Moving Average Convergence Divergence indicators are falling, with its 12-day lower than its 26-day.
    • The price to 200-day MAP ratio is 0.8, a bearish indicator.
    • It is trailing 74.49% of the market the past 6 months.

    Trailing 74% of the market. Enough said.
 
watchlist Created with Sketch. Add MSB (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.