PEDIATRIX MEDICAL GROUP INC (MD) Stock Technical Analysis
NYSE:MD - New York Stock Exchange, Inc. - US58502B1061 - Common Stock - Currency: USD
We assign a technical rating of 3 out of 10 to MD. Although MD is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
In the last month MD has a been trading in the 12.71 - 14.66 range, which is quite wide. It is currently trading near the lows of this range.
MD is one of the better performing stocks in the Health Care Providers & Services industry, it outperforms 85% of 103 stocks in the same industry.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When comparing the yearly performance of all stocks, we notice that MD is one of the better performing stocks in the market, outperforming 89% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
MD is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MD is lagging the market.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, MD does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 12.44, a Stop Loss order could be placed below this zone.
More info and screens
11.71
15.92
We found 2 important support areas.
- A support zone ranging from 12.24 to 12.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 11.83 to 11.99. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 13.62 to 13.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 13.93 to 14.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 14.94 to 15.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @15.76 from a horizontal line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for MD is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MD is down. |
| ChartMill Relative Strength | 89.05 | POSITIVE | MD has a high relative strength, it outperformed 89.05% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MD is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of MD is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of MD is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 39.08 | NEUTRAL | The RSI value for MD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests MD has a negative trend. |
| Stochastics (14,3) | 20.62 | NEUTRAL | The Stochastics value for MD is a neutral value. |
| Average True Range in percent/ATR (20) | 3.24 | MEDIUM VOLATILITY | The ATR as a percentage value for MD suggests some volalility. |
| Average Directional Index/ADX (14) | 15.29 | NEGATIVE | The low ADX value for MD suggests a weak or negative trend. |
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)
13.16
+0.04 (+0.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg0.3%
1 Week-2.16%
2 Weeks-6.2%
1 Month-7.65%
3 Month2.65%
6 Month-4.91%
12 Month75%
2 Year-4.15%
3 Year-41.92%
5 Year-34.13%
10 Year-84.45%
15 Year-44.18%
Volatility
ATR(14)0.43
ATR(20)%3.24%
ATR Inc16.9%
Range Today0.52
ADR(20)0.42
ADR(20)%3.18%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.05
Mansfield-0.7
10 Day High14.66
10 Day Low12.71
20 Day High14.66
20 Day Low12.71
52 Week High17.67
52 Week Low7.4
CS1 End12.44
CR1 Start13.62
Volume & EV
DER(3)0.35%
DER(5)0.22%
Volume484.70K
Volume Incr-26.01%
Vol(5)500.32K
Vol(50)909.61K