MEDALIST DIVERSIFIED REIT IN (MDRR) Stock Technical Analysis
USA - NASDAQ:MDRR - US58403P4028 - REIT
Taking everything into account, MDRR scores 4 out of 10 in our technical rating. MDRR has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
MDRR has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
12.28
We found 1 important support area.
- A support zone ranging from 12.40 to 12.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 12.89 to 12.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @13.60 from a trend line in the daily time frame.
- A resistance zone ranging from 13.98 to 14.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @14.48 from a horizontal line in the daily 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 | NEUTRAL | NEUTRAL | The long term trend for MDRR is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MDRR is down. |
| ChartMill Relative Strength | 67.76 | NEUTRAL | MDRR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MDRR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of MDRR is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MDRR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.39 | NEUTRAL | The RSI value for MDRR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests MDRR has a negative trend. |
| Stochastics (14,3) | 15.68 | OVERSOLD | The low Stochastics value suggests MDRR may be oversold. |
| Average True Range in percent/ATR (20) | 2.85 | MEDIUM VOLATILITY | The ATR as a percentage value for MDRR suggests some volalility. |
| Average Directional Index/ADX (14) | 16.5 | NEGATIVE | The low ADX value for MDRR suggests a weak or negative trend. |
12.5
-0.5 (-3.85%)
MEDALIST DIVERSIFIED REIT IN / MDRR FAQ
What is the technical rating for MDRR stock?
ChartMill assigns a technical rating of 4 / 10 to MDRR.
What is the current trend direction of MEDALIST DIVERSIFIED REIT IN (MDRR) stock?
The current trend direction for MEDALIST DIVERSIFIED REIT IN (MDRR) is Bearish.
Can you provide the RSI signal for MEDALIST DIVERSIFIED REIT IN?
MEDALIST DIVERSIFIED REIT IN (MDRR) has an RSI value of 41.3949. This indicates that the stock is currently neutral.
What is the support and resistance level for MDRR stock?
MEDALIST DIVERSIFIED REIT IN (MDRR) has a support level at 12.49 and a resistance level at 12.89. Check the full technical report for our detailed analysis of MDRR support and resistance levels.