VERADIGM INC (MDRX) Stock Technical Analysis
NASDAQ:MDRX - Nasdaq - US01988P1084 - Common Stock - Currency: USD
Overall MDRX gets a technical rating of 0 out of 10. MDRX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
96% of all other stocks performed better in the past year than MDRX.
MDRX is one of the lesser performing stocks in the Health Care Technology industry. 72% of 37 stocks in the same industry do better.
MDRX is currently making a new 52 week low. This is a very bad signal. MDRX is lagging the S&P500 Index which is trading in the middle of its 52 week range.
In the last month MDRX has a been trading in the 6.20 - 9.50 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
MDRX has an average volume of 3789360 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of MDRX is bad and it also does not present a 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
6.74
13.69
When analyzing the resistance we notice one important area.
- Resistance @13.55 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.53
Mansfield-5.07
10 Day High8.54
10 Day Low6.2
20 Day High9.5
20 Day Low6.2
52 Week High14.99
52 Week Low6.2
Performance
1 Week-17.75%
2 Weeks-17.55%
1 Month-27.55%
3 Month-43.86%
6 Month-49.63%
12 Month-54.9%
2 Year-65.01%
3 Year-55.87%
5 Year-36.47%
10 Year-63.33%
15 Year-21.72%
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)
Technical Indicators
MACD(12,26,9)-0.08
RSI(14)23.22
LBB7.29
UBB9.11
6.81
-0.79 (-10.39%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Technology
Performance
% Chg-10.39%
1 Week-17.75%
2 Weeks-17.55%
1 Month-27.55%
3 Month-43.86%
6 Month-49.63%
12 Month-54.9%
2 Year-65.01%
3 Year-55.87%
5 Year-36.47%
10 Year-63.33%
15 Year-21.72%
Volatility
ATR(14)0.49
ATR(20)%6.7%
ATR Inc299.02%
Range Today1.13
ADR(20)0.42
ADR(20)%6.1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.53
Mansfield-5.07
10 Day High8.54
10 Day Low6.2
20 Day High9.5
20 Day Low6.2
52 Week High14.99
52 Week Low6.2
CS1 EndN/A
CR1 Start13.55
Volume & EV
DER(3)2.81%
DER(5)2.09%
Volume81.92M
Volume Incr892.05%
Vol(5)20.39M
Vol(50)3.79M