MDB Price Prediction, MongoDB AI Recommendations

MDB in downward trend: price may decline as a result of having broken its higher Bollinger Band on June 02, 2023

MDB broke above its upper Bollinger Band on June 02, 2023. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options. The A.I.dvisor looked at 46 similar instances where the stock broke above the upper band. In of the 46 cases the stock fell afterwards. This puts the odds of success at .

Technical Analysis (Indicators)

Bearish Trend Analysis

The RSI Indicator demonstrates that the ticker has stayed in the overbought zone for 5 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 8 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where MDB declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on May 04, 2023. You may want to consider a long position or call options on MDB as a result. In of 78 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for MDB just turned positive on May 05, 2023. Looking at past instances where MDB's MACD turned positive, the stock continued to rise in of 46 cases over the following month. The odds of a continued upward trend are .

MDB moved above its 50-day moving average on May 03, 2023 date and that indicates a change from a downward trend to an upward trend.

The 50-day moving average for MDB moved above the 200-day moving average on May 10, 2023. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.

Following a +3 3-day Advance, the price is estimated to grow further. Considering data from situations where MDB advanced for three days, in of 349 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 281 cases where MDB Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Fundamental Analysis (Ratings)

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 89, placing this stock better than average.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. MDB’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (33.333) is normal, around the industry mean (31.420). P/E Ratio (0.000) is within average values for comparable stocks, (167.594). Projected Growth (PEG Ratio) (4.228) is also within normal values, averaging (4.120). Dividend Yield (0.000) settles around the average of (0.068) among similar stocks. P/S Ratio (18.975) is also within normal values, averaging (76.317).

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

MDB is expected to report earnings to fall 74.79% to 14 cents per share on August 31

Q3'23

Est.

$0.14

Q2'23

Beat

by $0.38

Q1'23

Beat

by $0.50

Q4'22

Beat

by $0.40

Q3'22

Beat

by $0.05