MongoDB (MDB) reports strong earnings, technical analysis indicates bullish trend

by MarketNewsData

1. Earnings Snapshot – Q3 FY26

  • Revenue: $628.3M, +19% YoY
  • Atlas: +30% YoY, ~75% of total revenue
  • Non-GAAP EPS: $1.32
  • Non-GAAP operating income: $123.1M
  • Free cash flow: $140.1M
  • Non-GAAP gross margin: 74% (down slightly YoY)
  • Cash and investments: ~$2.3B
  • Customers: >62,500, with 2,694 over $100K ARR

Guidance (raised)

  • Q4 FY26: Revenue $665–670M, non-GAAP EPS $1.44–1.48
  • FY26: Revenue $2.434–2.439B, non-GAAP EPS $4.76–4.80

Qualitative

  • New CEO CJ Desai in place
  • Expanding AI stack: vector search and search in Community/Enterprise Server
  • Deep Microsoft partnership; strong position in cloud databases

2. Technical Snapshot

Trend

  • Price: $328.87
  • 50D SMA: $333.45
  • 200D SMA: $246.62
  • Long-term trend: bullish (price well above rising 200D)
  • Short-term: consolidation / pullback just below 50D after run from low-$300s to high-$300s

Momentum / Strength

  • RSI: 14D 44.6, 20D 48.0 → neutral, post-overbought reset
  • Williams %R: 14–20D around -70% to -75% → swing oversold zone
  • ADX: 14–20D around 36–39 → recent trend still strong

Key Levels

  • Support:
    • $320–315 first support band
    • $300–295 prior base and psychological level
    • $246–250 major support near 200D SMA
  • Resistance:
    • $340–345 near-term ceiling
    • $360 midrange resistance
    • $380–390 recent high and breakout trigger

3. Trade Framing

  • Bullish bias while price holds above $315 and especially above $300
    • Upside reference levels: $340–345 → $360 → $380–390
  • Caution / bearish shift if daily closes below $300, opening risk toward $270–250 zone

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