PEDIATRIX MEDICAL GROUP INC (MD) Stock Technical Analysis
USA - NYSE:MD - US58502B1061 - Common Stock
Overall MD gets a technical rating of 10 out of 10. Both in the recent history as in the last year, MD has proven to be a steady performer, scoring decent points in every aspect analyzed.
MD has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 17.21. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 16.27, a Stop Loss order could be placed below this zone.
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11.88
When analyzing the support we can see 3 important areas.
- A support zone ranging from 16.13 to 16.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @12.72 from a trend line in the weekly time frame.
- Support @12.00 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 17.21 to 17.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The short term trend for MD is up. |
| ChartMill Relative Strength | 86.57 | POSITIVE | MD has a high relative strength, it outperformed 86.57% 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 | POSITIVE | The current price of MD is above the rising 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) | 55.01 | NEUTRAL | The RSI value for MD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests MD has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 27.37 | NEUTRAL | The Stochastics value for MD is a neutral value. |
| Average True Range in percent/ATR (20) | 2.55 | MEDIUM VOLATILITY | The ATR as a percentage value for MD suggests some volalility. |
| Average Directional Index/ADX (14) | 28.63 | POSITIVE | The high ADX value value for MD suggests a strong trend. |
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 17.24 | 16.12 | 1.12 (6.50%) | 15.39% |
| An entry @17.24. This is a Buy Stop order right above the resistance zone. | An exit @16.12. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.12 points, which is 6.50%. | For a 1.00% total portfolio risk, you can invest 15.39% of your capital in this trade. |
- 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.
16.56
+0.29 (+1.78%)