Technical Analysis for MACK - Merrimack Pharmaceuticals, Inc.

Grade Last Price % Change Price Change
B 15.13 0.00% 0.00
MACK closed unchanged on Thursday, May 16, 2024, on 4.2 times normal volume. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Very Strong Up Up Flat

Date Alert Name Type % Chg
Volume Surge Other 0.00%
Narrow Range Bar Range Contraction 0.00%
Overbought Stochastic Strength 0.00%
New 52 Week Closing High Bullish 0.00%
NR7 Range Contraction 0.00%
Narrow Range Bar Range Contraction 0.00%
Gapped Up Strength 0.00%
Overbought Stochastic Strength 0.00%
Shooting Star Candlestick Bearish 0.07%
Lizard Bearish Bearish Day Trade Setup 0.07%

   Recent Intraday Alerts

Alert Time
Possible Pocket Pivot about 2 hours ago
3x Volume Pace about 7 hours ago
2x Volume Pace about 7 hours ago
1.5x Volume Pace about 7 hours ago
Fell Below Previous Day's Low about 8 hours ago

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Profile

Merrimack Pharmaceuticals, Inc. Description

Merrimack Pharmaceuticals, Inc., a biopharmaceutical company, focuses on discovering, developing, and preparing to commercialize medicines paired with companion diagnostics for the treatment of cancer in the United States. The company uses its Network Biology proprietary systems biology-based approach to biomedical research. Its therapeutic oncology candidates in clinical development include MM-398, a stable nanotherapeutic encapsulation of the marketed chemotherapy drug irinotecan, which is in multiple ongoing Phase I, Phase II, Phase III clinical trials for various cancers; MM-121, a fully human monoclonal antibody that targets ErbB3, a cell surface receptor implicated in cancer, which is in multiple ongoing Phase I and Phase II clinical trials; and MM-111, a bispecific antibody designed to inhibit ErbB3 signaling in cancer cells that are characterized by overexpression of the ErbB2 cell receptor, which is in multiple ongoing Phase I and Phase II clinical trials. The company's product candidates also include MM-302, a nanotherapeutic encapsulation of doxorubicin with attached antibodies that target the ErbB2 (HER2) receptor in Phase 1 clinical trial in patients with advanced ErbB2 positive breast cancer; MM-151, an oligoclonal therapeutic consisting of a mixture of three human antibody antagonists, which is in Phase I clinical trial; and MM-141, a human tetravalent bispecific antibody designed to inhibit signaling of the PI3K/AKT/mTOR pathway initiated by the insulin-like growth factor 1 receptor(IGF-1R) and ErbB3, which is in Phase 1 clinical trial. It has collaboration and license agreements with Sanofi; Dyax Corp.; PharmaEngine, Inc.; Adimab LLC; University of California; U.S. Public Health Service; and Selexis SA. The company was incorporated in 1993 and is headquartered in Cambridge, Massachusetts.


Classification

Sector: Healthcare
Industry: Biotechnology
Keywords: Medicine Biopharmaceutical Cancer Biology Clinical Development Antibodies Treatment Of Cancer Monoclonal Antibody Breast Cancer Chemotherapy Treatment Of Breast Cancer Insulin Medical Research Cancer Cell Public Health Tyrosine Kinase Receptors Epidermal Growth Factor Receptor Her2 Her2/Neu Systems Biology mTOR Companion Diagnostic Doxorubicin Mm 151 Pi3k/Akt/Mtor Pathway

Is MACK a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 15.89
52 Week Low 11.53
Average Volume 206,847
200-Day Moving Average 13.36
50-Day Moving Average 14.80
20-Day Moving Average 14.93
10-Day Moving Average 15.07
Average True Range 0.06
RSI (14) 78.63
ADX 68.08
+DI 33.08
-DI 4.27
Chandelier Exit (Long, 3 ATRs) 14.96
Chandelier Exit (Short, 3 ATRs) 14.86
Upper Bollinger Bands 15.27
Lower Bollinger Band 14.59
Percent B (%b) 0.8
BandWidth 4.52
MACD Line 0.12
MACD Signal Line 0.10
MACD Histogram 0.0146
Fundamentals Value
Market Cap 216.68 Million
Num Shares 14.3 Million
EPS -0.10
Price-to-Earnings (P/E) Ratio -151.30
Price-to-Sales 0.00
Price-to-Book 10.51
PEG Ratio 0.07
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 15.18
Resistance 3 (R3) 15.18 15.16 15.17
Resistance 2 (R2) 15.16 15.15 15.16 15.16
Resistance 1 (R1) 15.15 15.14 15.14 15.15 15.16
Pivot Point 15.13 15.13 15.13 15.13 15.13
Support 1 (S1) 15.12 15.12 15.11 15.12 15.10
Support 2 (S2) 15.10 15.11 15.10 15.10
Support 3 (S3) 15.09 15.10 15.09
Support 4 (S4) 15.09