MongoDB stock is now in a mid-to-long-term uptrend, but because the price broke through the 20-day line yesterday, it is in a short-term downtrend. However, the obvious upward trend in all time frames is now tangible, as the price only needs to rise by 4.41% to cross the 20-day GD 412.85 upwards.
As long as the price does not cross another downtrend line, the next target price is the 36-month high of 435.50 marked on September 23, 2021, which means that there is currently 10.14% upside potential.
MongoDB comparison in peer groups
The strongest stock in the peer comparison is currently ServiceNow stock, with a gap of 17.36% for GD-200.
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