VICTORYSHARES THB MID CAP (MDCP) Stock Technical Analysis
USA - NASDAQ:MDCP - US92647X8487 - ETF
26.83 USD
+0.04 (+0.14%)
We assign a technical rating of 1 out of 10 to MDCP. MDCP has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
In the last month MDCP has a been trading in the 24.99 - 27.81 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
When compared to the yearly performance of all other stocks, MDCP outperforms 41% of them, which is more or less in line with the market.
MDCP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MDCP is lagging the market.
MDCP has a bad technical rating, but it does show 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 27.15. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 26.76, a Stop Loss order could be placed below this zone.
More info and screens
25.65
31.14
We found 2 important support areas.
- A support zone ranging from 26.65 to 26.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 25.91 to 26.06. This zone is formed by a combination of multiple trend lines in the weekly time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 27.15 to 27.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 27.79 to 27.81. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @28.32 from a horizontal line in the daily time frame.
- Resistance @30.83 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 | DOWN | NEGATIVE | The long term trend for MDCP is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MDCP is neutral. |
| ChartMill Relative Strength | 41.15 | NEUTRAL | MDCP is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of MDCP is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MDCP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MDCP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.75 | NEUTRAL | The RSI value for MDCP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests MDCP has a positive trend. |
| Stochastics (14,3) | 63.91 | NEUTRAL | The Stochastics value for MDCP is a neutral value. |
| Average True Range in percent/ATR (20) | 1.78 | LOW VOLATILITY | The low ATR as a percentage value for MDCP suggests low volalility. |
| Average Directional Index/ADX (14) | 20.12 | NEUTRAL | The ADX value for MDCP suggests a possible start of a new 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:MDCP (4/23/2025, 8:20:37 PM)
26.83
+0.04 (+0.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.14%
1 Week-0.19%
2 Weeks7.37%
1 Month-3.02%
3 Month-7.99%
6 Month-8.6%
12 Month-0.68%
2 Year15.77%
3 Year20.51%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.59
ATR(20)%1.78%
ATR Inc-13.28%
Range Today0.38
ADR(20)0.16
ADR(20)%0.59%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS41.15
Mansfield0.21
10 Day High27.21
10 Day Low25.96
20 Day High27.81
20 Day Low24.99
52 Week High31.08
52 Week Low24.99
CS1 End26.76
CR1 Start27.15
Volume & EV
DER(3)0%
DER(5)0%
Volume900
Volume Incr-54.7%
Vol(5)47.54K
Vol(50)46.91K