Red List Recovering
MLTX
MoonLake Immunotherapeutics
Healthcare · Biotechnology · small-cap ($1.2B)
-70.7%
from rolling 252-day high of $62.75 set 2025-09-26 · 230d ago
Current
$18.39
Decline depth
-70.7%
Decline σ
4.2σ
TFC
1/5 bearish
Rolling 252-day high Up day Down day Last 90 trading days · data from Alpaca

Structural break signals

MLTX qualifies for the Red List on decline depth.

Decline depth
-70.7%
From rolling 252-day high of $62.75, 230d ago. Past the 40% Red List threshold.
Time-frame continuity
1/5 bearish
Latest bar across daily/weekly/monthly/quarterly/yearly time frames. A bar counts as bearish when it's a 2-Down or a red 3.
Decline sigma
4.2σ
Drop from local high over the last 5 bars, expressed in units of the stock's typical daily volatility (3.54% per day). Past the ≥4σ Watch threshold.

The structural read

What price action says about MLTX.

MLTX qualifies for the Red List on decline depth — down -70.7% from its rolling 252-day high. Past the 40% threshold, the deepest tier in the taxonomy.

Cross-confirmation: decline sigma also reads 4.2σ over 5 bars.

Alongside that decline, our proprietary engine has flagged a confirmed bullish structural signal on one or more time frames — moderate or strong time-frame-continuity (TFC) alignment — so the ticker also carries a Recovering badge. The two readings coexist: the tier tells you how deep the damage is, the Recovering badge tells you whether momentum may be turning. Recovering is not a buy signal; it's a structural read.

Upstream TFC read: moderate alignment, current phase weekly. Last bar types — daily 3 (red), weekly 2U (green), monthly 2U (green).

Earnings on file: 2026-02-25. Tiering is unaffected by earnings dates — listings reflect price structure only.

52-week range

52W low $5.95 21.9% of range 52W high $62.75

Sector context · Healthcare

182 other Healthcare tickers are on Broken Stocks.

92 Red List
43 Amber
47 Watch
-35.8% Median decline

Worst in sector: OPRX (-76.7%). Least-bad: ANIP (-20.0%). See all Healthcare listings →

Questions about MLTX

What people ask.

Why is MLTX on Broken Stocks?

MLTX qualifies for the Red List on decline depth. It is down -70.7% from its rolling 252-day high of $62.75, set on 2025-09-26 — 230d ago. It additionally carries a Recovering badge — see below.

What does the Recovering badge mean for MLTX?

Recovering means our proprietary engine has flagged a confirmed bullish structural signal on one or more time frames (moderate or strong time-frame continuity). It coexists with the decline tier — MLTX is still Red List because the rolling-252-day decline hasn't healed, but a bullish setup has formed inside that decline. The two readings answer different questions: the tier tells you how deep the damage is; the Recovering badge tells you whether momentum may be turning. It's not a buy recommendation.

Is MLTX a falling knife?

Not by the strict technical definition. MLTX is down -70.7% from its 52-week high, but that high was set 230d ago — more than 120 days. A falling knife is usually a recent breakdown from a fresh high, not an established multi-quarter downtrend. MLTX is still on the Red List for decline depth, but the freshness component of a falling knife is missing.

Is MLTX a buy?

Broken Stocks does not issue buy or sell recommendations. The list is a rules-based technical warning system. It tracks structural decline depth and recency — not company quality, management, fundamentals, or news. Always do your own research and consult a licensed advisor.

Where is MLTX trading inside its 52-week range?

At $18.39, MLTX sits 21.9% of the way from its 52-week low ($5.95) to its 52-week high ($62.75). A reading below 25% indicates price is hugging the bottom of the range; above 75%, the top.

How fast has MLTX been declining?

The current 70.7% decline accrued over 230d, which annualizes to roughly -112.2% per year. Annualized pace is a sanity check — a 30% decline in three months is a different signal than a 30% decline over two years.

How does MLTX compare to its sector?

There are 182 other Healthcare tickers on Broken Stocks: 92 Red, 43 Amber, 47 Watch, with 54 showing recovering structural signals. Median sector decline is -35.8% — MLTX's decline is deeper than the sector median.

Does MLTX's earnings date affect its tier?

No. Tiering is decided purely by decline depth and recency of the rolling-high date. The earnings date on file (2026-02-25) is shown for reference only — listings can move tier between scans based on closing prices, regardless of fundamentals or news events.