Midas (MDS) Technical Analysis
NYSE:MDS
Current stock price
MDS Technical Rating and Analysis
We assign a technical rating of 8 out of 10 to MDS. In the last year, MDS was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
- Looking at the yearly performance, MDS did better than 92% of all other stocks. On top of that, MDS also shows a nice and consistent pattern of rising prices.
- MDS is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so MDS is leading 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 present a decent entry opportunity 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.
We found 1 important resistance 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.
Can you provide the RSI signal for Midas?
Midas (MDS) has an RSI value of null. This indicates that the stock is currently oversold.
What is the short term momentum for MDS stock?
The short term momentum for Midas (MDS) is neutral.
What are the support and resistance levels for Midas (MDS) stock?
Midas (MDS) has a support level at 11.49 and a resistance level at 11.5. Check the full technical report for our detailed analysis of MDS support and resistance levels.