Medallia Inc (MDLA) Technical Analysis
NYSE:MDLA
Current stock price
MDLA Technical Rating and Analysis
Overall MDLA gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, MDLA is only an average performer.
- The long and short term trends are both positive. This is looking good!
- MDLA is one of the better performing stocks in the Software industry, it outperforms 78% of 275 stocks in the same industry.
- MDLA has an average volume of 2943980 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When compared to the yearly performance of all other stocks, MDLA outperforms 43% of them, which is more or less in line with the market.
- MDLA is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MDLA is lagging the market slightly.
- In the last month MDLA has a been trading in a tight range between 33.86 and 34.01.
MDLA Weekly and Daily overview Charts
MDLA Setup Rating and Analysis
Besides having an excellent technical rating, MDLA 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 34.00. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 33.96, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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
MDLA Support and Resistance Analysis
27.79
We found 3 important support areas.
- A support zone ranging from 33.60 to 33.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 30.56 to 30.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @28.07 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 34.00 to 34.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
MDLA 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 MDLA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MDLA is up. |
| ChartMill Relative Strength | 43.86 | NEUTRAL | MDLA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MDLA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MDLA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of MDLA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 68.45 | NEUTRAL | The RSI value for MDLA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests MDLA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 73.33 | NEUTRAL | The Stochastics value for MDLA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.11 | LOW VOLATILITY | The low ATR as a percentage value for MDLA suggests low volalility. |
MDLA Chart- and CandleStick Pattern Analysis
MDLA 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 |
|---|---|---|---|
| 34.02 | 33.94 | 0.08 (0.24%) | 25.00% |
| An entry @34.02. This is a Buy Stop order right above the 10 day high. | An exit @33.94. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.08 points, which is 0.24%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.06%. |
- 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.
MDLA Technicals: Chart, Performance Metrics, Trend & Indicators
33.99
+0.02 (+0.06%)
Medallia Inc / MDLA TA FAQ
What is the technical rating for MDLA stock?
ChartMill assigns a technical rating of 7 / 10 to MDLA.
What is the trend direction for MDLA stock?
The current trend direction for Medallia Inc (MDLA) is Bullish.
Can you provide the RSI signal for Medallia Inc?
Medallia Inc (MDLA) has an RSI value of 68.4506. This indicates that the stock is currently neutral.
What is the short term momentum for Medallia Inc (MDLA) stock?
The short term momentum for Medallia Inc (MDLA) is positive.
Can you provide the support and resistance levels for Medallia Inc?
Medallia Inc (MDLA) has a support level at 33.96 and a resistance level at 34. Check the full technical report for our detailed analysis of MDLA support and resistance levels.