SPECTRAL AI INC (MDAI) Stock Technical Analysis
NASDAQ:MDAI - Nasdaq - US84757T1051 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to MDAI. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, MDAI is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
MDAI is one of the better performing stocks in the Health Care Equipment & Supplies industry, it outperforms 92% of 187 stocks in the same industry.
In the last month MDAI has a been trading in the 1.33 - 2.28 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that MDAI is one of the better performing stocks in the market, outperforming 94% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
MDAI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MDAI is lagging the market.
Volume is considerably higher in the last couple of days.
MDAI has an excellent technical rating, but the quality of the setup is only medium 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
1.12
2.88
When analyzing the support we can see 4 important areas.
- Support @1.96 from a horizontal line in the daily time frame.
- Support @1.22 from a trend line in the daily time frame.
- A support zone ranging from 1.18 to 1.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.13 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 2.20 to 2.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.85 from a trend 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 | 94.08 | POSITIVE | MDAI has a high relative strength, it outperformed 94.08% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MDAI is above 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) | 60.2 | NEUTRAL | The RSI value for MDAI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests MDAI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 75.53 | NEUTRAL | The Stochastics value for MDAI is a neutral value. |
| Average True Range in percent/ATR (20) | 7.99 | HIGH VOLATILITY | The high ATR as a percentage value for MDAI suggests high volalility. |
| Average Directional Index/ADX (14) | 47.62 | 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)
NASDAQ:MDAI (6/24/2025, 9:30:01 AM)
2.11
+0.06 (+2.93%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg2.93%
1 Week4.06%
2 Weeks2.5%
1 Month49.64%
3 Month81.42%
6 Month-25.45%
12 Month16.48%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.18
ATR(20)%7.99%
ATR Inc0.83%
Range Today0.01
ADR(20)0.15
ADR(20)%7.21%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.08
Mansfield2.03
10 Day High2.28
10 Day Low1.96
20 Day High2.28
20 Day Low1.33
52 Week High3.25
52 Week Low0.82
CS1 End1.96
CR1 Start2.2
Volume & EV
DER(3)-4.24%
DER(5)-7.01%
Volume7.51K
Volume Incr2.38%
Vol(5)421.90K
Vol(50)305.27K