MANKIND PHARMA LTD
Long

MANKIND PHARMA making breakout from 3-month consolidation range

74
MANKIND PAHRMA is making breakout from a 3-month consolidation range. Its relative performance to CNX 500 turned positive, & the momentum indicator, RSI has not gone below its bull support zone of 60 during the entire consolidation period & that indicats strength in its bullish momentum. The structure on its weekly & monthly charts also is quite good. On the fundamentals too it has been doing good as its EPS and sales have been growing for the last 4 quarters.

Only personal analysis. No recommendation

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.