PEDIATRIX MEDICAL GROUP INC (MD) Stock Technical Analysis
NYSE:MD - New York Stock Exchange, Inc. - US58502B1061 - Common Stock - Currency: USD
Overall MD gets a technical rating of 4 out of 10. 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 13.12 - 15.18 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions 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. 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 103 other stocks in this industry. MD outperforms 83% of them.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
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.
MD has an average technical rating and it also 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
We found 2 important support areas.
- A support zone ranging from 12.24 to 12.45. 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 5 important areas.
- Resistance @13.29 from a trend line in the weekly time frame.
- A resistance zone ranging from 13.69 to 13.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 14.52 to 14.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 14.94 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 | 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 | 89.88 | POSITIVE | MD has a high relative strength, it outperformed 89.88% 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) | DOWN | NEGATIVE | The current price of MD is below a declining 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) | 38.16 | 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) | 11.38 | OVERSOLD | The low Stochastics value suggests MD may be oversold. |
| Average True Range in percent/ATR (20) | 3.6 | MEDIUM VOLATILITY | The ATR as a percentage value for MD suggests some volalility. |
| Average Directional Index/ADX (14) | 18.7 | 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)
13.22
-0.13 (-0.97%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg-0.97%
1 Week-7.23%
2 Weeks-5.03%
1 Month-12.85%
3 Month-6.97%
6 Month-6.17%
12 Month65.25%
2 Year-6.97%
3 Year-37.08%
5 Year-22.69%
10 Year-82.16%
15 Year-52.45%
Volatility
ATR(14)0.41
ATR(20)%3.6%
ATR Inc-21.97%
Range Today0.4
ADR(20)0.47
ADR(20)%3.54%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.88
Mansfield0.12
10 Day High14.44
10 Day Low13.12
20 Day High15.18
20 Day Low13.12
52 Week High17.67
52 Week Low6.62
CS1 End12.45
CR1 Start13.29
Volume & EV
DER(3)-0.23%
DER(5)-0.53%
Volume1.01M
Volume Incr-29.66%
Vol(5)749.64K
Vol(50)909.93K