Midas (MDS) Technical Analysis
NYSE:MDS
Current stock price
MDS Technical Rating and Analysis
Taking everything into account, MDS scores 8 out of 10 in our technical rating. MDS has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
- When comparing the yearly performance of all stocks, we notice that MDS is one of the better performing stocks in the market, outperforming 92% of all stocks. We also observe that the gains produced by MDS over the past year are nicely spread over this period.
- MDS is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month MDS has a been trading in a tight range between %RANGE_LOW% and %RANGE_HIGH%.
- Considerably lower volume is observed in the last couple of days.
MDS Weekly and Daily overview Charts
MDS Setup Rating and Analysis
Although MDS has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
MDS Support and Resistance Analysis
11.36
When analyzing the support we notice one important area.
- A support zone ranging from 11.47 to 11.49. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 11.50 to 11.51. This zone is formed by a combination of multiple trend lines in the daily time frame.
MDS 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 Relative Strength | 92.73 | POSITIVE | MDS has a high relative strength, it outperformed 92.73% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MDS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MDS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MDS is above the rising SMA(200). |
| Average True Range in percent/ATR (20) | 0.16 | LOW VOLATILITY | The low ATR as a percentage value for MDS suggests low volalility. |
MDS Chart- and CandleStick Pattern Analysis
MDS Technicals: Chart, Performance Metrics, Trend & Indicators
11.5
+0.01 (+0.09%)
Midas / MDS TA FAQ
What is the technical rating for MDS stock?
ChartMill assigns a technical rating of 7 / 10 to MDS.
What is the current trend direction of Midas (MDS) stock?
The current trend direction for Midas (MDS) is Bearish.
What is the RSI signal for MDS stock?
Midas (MDS) has an RSI value of null. This indicates that the stock is currently oversold.