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 7 out of 10 to MD. MD was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
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 MD is one of the better performing stocks in the market, outperforming 93% of all stocks. We also observe that the gains produced by MD over the past year are nicely spread over this period.
MD is part of the Health Care Providers & Services industry. There are 102 other stocks in this industry. MD outperforms 86% of them.
MD is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MD is lagging the market slightly.
In the last month MD has a been trading in the 12.84 - 15.37 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Although MD has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
11.71
15.92
3 important support areas can be observed.
- Support @13.03 from a trend line in the weekly time frame.
- 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 2 important areas.
- A resistance zone ranging from 14.76 to 15.18. 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 | UP | POSITIVE | The long term trend for MD is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MD is neutral. |
| ChartMill Relative Strength | 93.65 | POSITIVE | MD has a high relative strength, it outperformed 93.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of MD is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MD is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.74 | NEUTRAL | The RSI value for MD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests MD has a negative trend. |
| Stochastics (14,3) | 34.27 | NEUTRAL | The Stochastics value for MD is a neutral value. |
| Average True Range in percent/ATR (20) | 4.25 | MEDIUM VOLATILITY | The ATR as a percentage value for MD suggests some volalility. |
| Average Directional Index/ADX (14) | 20.5 | NEUTRAL | The ADX value for MD suggests a possible start of a new 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)
13.54
-0.61 (-4.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg-4.31%
1 Week-0.15%
2 Weeks-9.31%
1 Month4.64%
3 Month-7.51%
6 Month-8.51%
12 Month90.17%
2 Year-4.71%
3 Year-35.55%
5 Year-20.82%
10 Year-81.73%
15 Year-51.3%
Volatility
ATR(14)0.52
ATR(20)%4.25%
ATR Inc-11.99%
Range Today0.64
ADR(20)0.56
ADR(20)%4.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.65
Mansfield0.56
10 Day High15.37
10 Day Low13.25
20 Day High15.37
20 Day Low12.84
52 Week High17.67
52 Week Low6.62
CS1 End13.03
CR1 Start14.76
Volume & EV
DER(3)0.66%
DER(5)1.7%
Volume701.70K
Volume Incr37.47%
Vol(5)1.52M
Vol(50)943.33K