MDB Stage 2 Uptrend Intact, Bull Flag Setup Near 472 Pivot

Posted on by Eben@CANSLIM Research
MDB daily stock chart with 10, 20, 50, 150 and 200-day moving averages, volume and RS line versus SPY, Stage 2 (Advancing), as of August 31, 2026 at 01:10 — CANSLIM Research
Eben@CANSLIM Research's avatarEben@CANSLIM Research

MongoDB (MDB) is trading at $440.58, holding above a rising 30-week moving average in a Stage 2 advance, with the price 95% above its 52-week low and just 6.7% off its high. The market is focused on a nascent consolidation pattern that has formed over the past two weeks, with a potential bull flag emerging after a 58.4% run. Overall sentiment is bullish, as the stock passes six of eight trend-template checks and shows no faulty base characteristics, though the base is too short for a VCP to form.

Technical Analysis

As of 2026-08-27 · Close $440.58

Stage Analysis

Stage 2 (Advancing) — Price holding above a rising 30-week MA — uptrend intact (30-week MA 6-week slope: 0.95%)

Detected Patterns — What the Market Is Watching

  • Consolidation (not yet a fully-formed base) — depth 14.7%, length 2 weeks, pivot $472.29
  • Bull Flag after a 58.4% run, currently 6.7% off the flag high

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