MEDICLINIC INTERNATIONAL PLC (MDC.L)       496.4  -0.2 (-0.04%)

496.4  -0.2 (-0.04%)

GB00B8HX8Z88 - Common Stock

Technical Rating

Taking everything into account, MDC scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, MDC 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!
When comparing the yearly performance of all stocks, we notice that MDC is one of the better performing stocks in the market, outperforming 99% of all stocks. On top of that, MDC also shows a nice and consistent pattern of rising prices.
MDC is currently trading near its 52 week high. This is a good sign, certainly because the S&P500 Index is not trading near new highs.
In the last month MDC has a been trading in the 471.60 - 502.25 range, which is quite wide. It is currently trading near the high of this range.

Statistics

1 Month 3 Months 6 Months 12 Months 4.99% 38.79% 47.36% 69.60% SMA(20) SMA(50) SMA(100) SMA(200) RS 52 Wk Range ST Trend LT Trend 99.14 286.4 - 502.25
MDC Weekly chart
MDC Daily chart

Support/Resistance Analysis


272.65

505.01
When analyzing the support we can see 6 important areas.
  • Support @440.19 from a horizontal line in the daily time frame.
  • Support @394.82 from a trend line in the weekly time frame.
  • Support @386.83 from a trend line in the daily time frame.
  • Support @344.20 from a horizontal line in the daily time frame.
  • Support @284.00 from a horizontal line in the weekly time frame.
  • Support @275.40 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
  • A resistance zone ranging from 499.30 to 500.01. This zone is formed by a combination of multiple trend lines in multiple time frames.

Setup Analysis

Setup Rating

MDC 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 499.3. Right above this resistance zone may be a good entry point.


Possible Trading Setup

Given the decent technical rating and the setup score, we can suggest the following trade.


ENTRYEXITDISTANCECAPITAL
500.02483.5916.43 (3.29%)25.00%
An entry @500.02. This is a Buy Stop order right above the resistance zone.An exit @483.59. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 16.43 points, which is 3.29%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.82%.

  • 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.
MDC Daily chart

MEDICLINIC INTERNATIONAL PLC496.4

LON:MDC (8/17/2022, 12:24:56 PM)-0.2 (-0.04%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS Sector N/A
GICS Industry N/A
Performance
Today -0.04% 1 Week -0.24%
2 Weeks 1.89% 1 Month 4.99%
3 Month 38.79% 6 Month 47.36%
Volatility
ATR(14) 5.9 ATR(20)% 1.27%
ATR Inc -61.38% Range Today 1
Trend & SMA
ST Trend LT Trend
SMA(5) SMA(10)
SMA(20) SMA(50)
SMA(100) SMA(200)
Relative Strength & Ranges
CRS 99.14 Mansfield 3.6
10 Day High 502.25 10 Day Low 483.6
20 Day High 502.25 20 Day Low 471.6
52 Week High 502.25 52 Week Low 286.4
CS1 End 440.19 CR1 Start 499.3
Volume & EV
DER(3) 2.63% DER(5) 0.58%
Volume 177.20K Volume Incr 9.4%
Vol(5) 998.03K Vol(50) 863.20K

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