PEDIATRIX MEDICAL GROUP INC (MD) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:MD - US58502B1061 - Common Stock
Overall MD gets a technical rating of 8 out of 10. In the last year, MD was one of the better performers, but we do observe some doubts in the very recent evolution.
Besides having an excellent technical rating, MD also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 21.38, a Stop Loss order could be placed below this zone.
More info and screens
11.88
We found 5 important support areas.
- A support zone ranging from 21.22 to 21.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 20.17 to 20.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @14.01 from a trend line in the weekly time frame.
- Support @12.25 from a horizontal line in the weekly time frame.
- Support @12.00 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 21.55 to 21.99. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @22.69 from a horizontal line in the daily 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 | DOWN | NEGATIVE | The short term trend for MD is down. |
| ChartMill Relative Strength | 93.05 | POSITIVE | MD has a high relative strength, it outperformed 93.05% 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 | POSITIVE | The current price of MD is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.77 | NEUTRAL | The RSI value for MD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests MD has a negative trend. |
| Stochastics (14,3) | 27.75 | NEUTRAL | The Stochastics value for MD is a neutral value. |
| Average True Range in percent/ATR (20) | 3.02 | MEDIUM VOLATILITY | The ATR as a percentage value for MD suggests some volalility. |
| Average Directional Index/ADX (14) | 18.24 | NEGATIVE | The low ADX value for MD suggests a weak or negative 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 |
|---|---|---|---|
| 22.00 | 21.33 | 0.67 (3.05%) | 25.00% |
| An entry @22.00. This is a Buy Stop order right above the resistance zone. | An exit @21.33. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.67 points, which is 3.05%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.76%. |
- The distance between exit and entry is rather small compared to the average daily movement of MD. 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.
21.39
-0.43 (-1.97%)
PEDIATRIX MEDICAL GROUP INC / MD FAQ
What is the ChartMill technical rating of PEDIATRIX MEDICAL GROUP INC (MD) stock?
ChartMill assigns a technical rating of 8 / 10 to MD.
What is the trend direction for MD stock?
The current trend direction for PEDIATRIX MEDICAL GROUP INC (MD) is Bullish.
What is the RSI signal for PEDIATRIX MEDICAL GROUP INC (MD) stock?
PEDIATRIX MEDICAL GROUP INC (MD) has an RSI value of 43.7731. This indicates that the stock is currently neutral.
What is the buy/sell signal for PEDIATRIX MEDICAL GROUP INC (MD) stock?
The buy/sell signal for PEDIATRIX MEDICAL GROUP INC (MD) is hold as the short term and long term trends are mixed.
Can you provide the support and resistance levels for PEDIATRIX MEDICAL GROUP INC?
PEDIATRIX MEDICAL GROUP INC (MD) has a support level at 21.38 and a resistance level at 21.55. Check the full technical report for our detailed analysis of MD support and resistance levels.