SPECTRAL AI INC (MDAI) Stock Technical Analysis
NASDAQ:MDAI - Nasdaq - US84757T1051 - Common Stock - Currency: USD
Taking everything into account, MDAI scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, MDAI has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
MDAI is part of the Health Care Equipment & Supplies industry. There are 187 other stocks in this industry. MDAI outperforms 95% of them.
MDAI is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so MDAI is lagging the market slightly.
Looking at the yearly performance, MDAI did better than 95% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
In the last month MDAI has a been trading in the 2.07 - 3.21 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, MDAI also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
2.39
2.90
We found 2 important support areas.
- A support zone ranging from 2.49 to 2.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.41 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @2.72 from a horizontal line in the daily time frame.
- Resistance @2.82 from a trend line in the weekly time frame.
- Resistance @2.87 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 MDAI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MDAI is up. |
| ChartMill Relative Strength | 95.13 | POSITIVE | MDAI has a high relative strength, it outperformed 95.13% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of MDAI is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MDAI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MDAI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.14 | NEUTRAL | The RSI value for MDAI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests MDAI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 28.68 | NEUTRAL | The Stochastics value for MDAI is a neutral value. |
| Average True Range in percent/ATR (20) | 8.57 | HIGH VOLATILITY | The high ATR as a percentage value for MDAI suggests high volalility. |
| Average Directional Index/ADX (14) | 37.87 | POSITIVE | The high ADX value value for MDAI suggests a strong 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)
2.6
-0.11 (-4.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-4.06%
1 Week3.59%
2 Weeks-9.09%
1 Month22.07%
3 Month106.35%
6 Month35.42%
12 Month45.25%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.21
ATR(20)%8.57%
ATR Inc12.51%
Range Today0.14
ADR(20)0.21
ADR(20)%8.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.13
Mansfield4.02
10 Day High2.95
10 Day Low2.35
20 Day High3.21
20 Day Low2.07
52 Week High3.25
52 Week Low0.82
CS1 End2.5
CR1 Start2.72
Volume & EV
DER(3)-2.52%
DER(5)-4.6%
Volume325.60K
Volume Incr-37.63%
Vol(5)482.16K
Vol(50)554.70K