We assign a technical rating of 0 out of 10 to MDIA. MDIA's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
MDIA has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 0.91, a Stop Loss order could be placed below this zone.
0.90
When analyzing the support we notice one important area.
3 important resistance areas can be observed.
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 MDIA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MDIA is down. |
| ChartMill Relative Strength | 10.44 | NEGATIVE | MDIA has a low relative strength, it was outperformed by 89.56% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MDIA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MDIA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MDIA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 32.35 | NEUTRAL | The RSI value for MDIA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests MDIA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 43.26 | NEUTRAL | The Stochastics value for MDIA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.32 | HIGH VOLATILITY | The high ATR as a percentage value for MDIA suggests high volalility. |
| Average Directional Index/ADX (14) | 46.63 | POSITIVE | The high ADX value value for MDIA suggests a strong trend. |
0.92
-0.02 (-2.65%)
ChartMill assigns a technical rating of 0 / 10 to MDIA.
The current trend direction for MEDIACO HOLDING INC-CL A (MDIA) is Bearish.
MEDIACO HOLDING INC-CL A (MDIA) has an RSI value of 32.3535. This indicates that the stock is currently neutral.
The short term momentum for MEDIACO HOLDING INC-CL A (MDIA) is negative.
The buy/sell signal for MEDIACO HOLDING INC-CL A (MDIA) is sell as both the short term and long term trends are negative.