M D C Holdings Inc (MDC) Technical Analysis
NYSE:MDC • US5526761086
Current stock price
MDC Technical Rating and Analysis
Overall MDC gets a technical rating of 8 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, MDC is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- MDC is part of the Household Durables industry. There are 60 other stocks in this industry. MDC outperforms 96% of them.
- MDC is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so MDC is leading the market.
- MDC has an average volume of 1900060 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Looking at the yearly performance, MDC did better than 89% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- In the last month MDC has a been trading in a tight range between 62.80 and 62.99.
- Volume is considerably higher in the last couple of days.
MDC Weekly and Daily overview Charts
MDC Setup Rating and Analysis
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. There is a resistance zone just above the current price starting at 62.99. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 62.92, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
MDC Support and Resistance Analysis
37.55
We found 3 important support areas.
- A support zone ranging from 61.23 to 62.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @41.10 from a trend line in the weekly time frame.
- Support @37.93 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 62.99 to 63.56. This zone is formed by a combination of multiple trend lines in multiple time frames.
MDC Technical Indicator Signal Analysis
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 MDC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MDC is up. |
| ChartMill Relative Strength | 89.05 | POSITIVE | MDC has a high relative strength, it outperformed 89.05% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MDC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MDC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MDC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.52 | NEUTRAL | The RSI value for MDC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests MDC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 85.19 | OVERBOUGHT | The high Stochastics value suggests MDC may be overbought. |
| Average True Range in percent/ATR (20) | 0.13 | LOW VOLATILITY | The low ATR as a percentage value for MDC suggests low volalility. |
| Average Directional Index/ADX (14) | 33.75 | POSITIVE | The high ADX value value for MDC suggests a strong trend. |
MDC Chart- and CandleStick Pattern Analysis
MDC 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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 63.00 | 62.80 | 0.20 (0.32%) | 25.00% |
| An entry @63.00. This is a Buy Stop order right above the 10 day high. | An exit @62.80. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.20 points, which is 0.32%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.08%. |
- 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 Technicals: Chart, Performance Metrics, Trend & Indicators
62.98
+0.03 (+0.05%)
M D C Holdings Inc / MDC TA FAQ
What is the ChartMill technical rating of M D C Holdings Inc (MDC) stock?
ChartMill assigns a technical rating of 8 / 10 to MDC.
What is the trend direction for MDC stock?
The current trend direction for M D C Holdings Inc (MDC) is Bullish.
Can you provide the RSI signal for M D C Holdings Inc?
M D C Holdings Inc (MDC) has an RSI value of 65.5173. This indicates that the stock is currently neutral.
Can you provide the MACD signal for M D C Holdings Inc?
The MACD indicator for M D C Holdings Inc (MDC) has a value of -0.0385379, indicating a bearish trend.
What is the short term momentum for M D C Holdings Inc (MDC) stock?
The short term momentum for M D C Holdings Inc (MDC) is positive.