Mdb stock price closed near $371

MDB stock price closed near $371.80, still within a consolidation pattern observed over the past two weeks. Technical analysts expect that a sustained move above $375 could unlock new upside momentum. "MongoDB delivered strong second quarter results across the board, highlighted by Atlas revenue growth accelerating to 29% and adding over 5,000 customers year-to-date, the highest ever in the first half of the year. We also delivered meaningful margin outperformance as we executed on our plan to drive profitable growth. Reflecting this strength, we are raising our guidance on the top and bottom line for the rest of the year" said Dev Ittycheria, President and Chief Executive Officer of MongoDB. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report MDB stock price is showing resilience around $370 support levels. Chart watchers see a breakout above $380 as a trigger for momentum traders to push toward $400 if macro conditions stay intact.