MDC HOLDINGS INC (MDC)

US5526761086 - Common Stock

62.34  +0.12 (+0.19%)

Technical Rating and Analysis

10

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.

Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that MDC is one of the better performing stocks in the market, outperforming 94% of all stocks. We also observe that the gains produced by MDC over the past year are nicely spread over this period.
MDC is part of the Household Durables industry. There are 68 other stocks in this industry. MDC outperforms 88% of them.
MDC is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
MDC is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
MDC has an average volume of 1504210 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month MDC has a been trading in a tight range between 62.06 and 63.00.
Weekly and Daily overview Charts
MDC Weekly chart
MDC Daily chart
Setup Rating and Analysis

8

MDC has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 62.21, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

37.17

63.64

4 important support areas can be observed.

  • A support zone ranging from 62.06 to 62.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @59.69 from a trend line in the daily time frame.
  • Support @39.58 from a trend line in the weekly time frame.
  • Support @37.55 from a trend line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 62.52 to 63.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.46
Mansfield2.06
10 Day High62.97
10 Day Low62.06
20 Day High63
20 Day Low62.06
52 Week High63
52 Week Low34.79
Performance
1 Week-0.24%
2 Weeks-0.83%
1 Month-0.67%
3 Month39.48%
6 Month34.24%
12 Month65.96%
2 Year40.32%
3 Year19.15%
5 Year133.72%
10 Year116.11%
15 Year167.16%
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)
Technical Indicators
MACD(12,26,9)-0.45
RSI(14)66.53
LBB61.97
UBB62.89
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
62.9862.050.92 (1.47%)25.00%
An entry @62.98. This is a Buy Stop order right above the 10 day high.An exit @62.05. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 0.92 points, which is 1.47%.For a 0.37% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • 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

MDC HOLDINGS INC

NYSE:MDC (2/20/2024, 11:12:24 AM)

62.34

+0.12 (+0.19%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg0.19%
1 Week-0.24%
2 Weeks-0.83%
1 Month-0.67%
3 Month39.48%
6 Month34.24%
12 Month65.96%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.27
ATR(20)%0.46%
ATR Inc
Range Today0.15
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High62.97
10 Day Low62.06
20 Day High63
20 Day Low62.06
52 Week High63
52 Week Low34.79
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume350.24K
Volume Incr-40.04%
Vol(5)1.67M
Vol(50)1.50M