MEDPACE HOLDINGS INC (MEDP)

US58506Q1094 - Common Stock

393.91  -0.19 (-0.05%)

After market: 393.91 0 (0%)

Technical Rating and Analysis

9

Overall MEDP gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, MEDP is showing a nice and steady performance.

The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the yearly performance of all stocks, we notice that MEDP is one of the better performing stocks in the market, outperforming 93% of all stocks. On top of that, MEDP also shows a nice and consistent pattern of rising prices.
MEDP is one of the better performing stocks in the Life Sciences Tools & Services industry, it outperforms 98% of 59 stocks in the same industry.
MEDP is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so MEDP is lagging the market slightly.
In the last month MEDP has a been trading in the 379.15 - 410.05 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
MEDP Weekly chart
MEDP Daily chart
Setup Rating and Analysis

8

MEDP has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 388.35, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

283.57

417.45

When analyzing the support we can see 4 important areas.

  • A support zone ranging from 387.58 to 388.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @380.13 from a trend line in the daily time frame.
  • A support zone ranging from 371.99 to 371.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @286.43 from a trend line in the weekly time frame.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 394.25 to 402.10. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 408.80 to 413.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.63
Mansfield1.12
10 Day High410.05
10 Day Low382.19
20 Day High410.05
20 Day Low379.15
52 Week High421
52 Week Low216.87
Performance
1 Week-1.81%
2 Weeks1.96%
1 Month0.16%
3 Month-0.72%
6 Month31.48%
12 Month77.58%
2 Year163.19%
3 Year123.01%
5 Year502.13%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.1
RSI(14)48.67
LBB381.44
UBB410.07
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
402.11387.5714.54 (3.62%)25.00%
An entry @402.11. This is a Buy Stop order right above the resistance zone.An exit @387.57. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 14.54 points, which is 3.62%.For a 0.90% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The distance between exit and entry is rather small compared to the average daily movement of MEDP. Please evaluate whether better entry and exit points can be found.
  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
MEDP Daily chart

MEDPACE HOLDINGS INC

NASDAQ:MEDP (6/14/2024, 7:22:06 PM)

After market: 393.91 0 (0%)

393.91

-0.19 (-0.05%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryLife Sciences Tools & Services
Performance
% Chg-0.05%
1 Week-1.81%
2 Weeks1.96%
1 Month0.16%
3 Month-0.72%
6 Month31.48%
12 Month77.58%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)9.98
ATR(20)%2.31%
ATR Inc
Range Today8.27
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High410.05
10 Day Low382.19
20 Day High410.05
20 Day Low379.15
52 Week High421
52 Week Low216.87
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume128.10K
Volume Incr-0.47%
Vol(5)166.02K
Vol(50)209.72K