MEDIDATA SOLUTIONS INC (MDSO) Technical Analysis
NASDAQ:MDSO
Current stock price
MDSO Technical Rating and Analysis
Taking everything into account, MDSO scores 8 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, MDSO is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- MDSO is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so MDSO is lagging the market slightly.
- When comparing the yearly performance of all stocks, we notice that MDSO is one of the better performing stocks in the market, outperforming 83% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- In the last month MDSO has a been trading in a tight range between 91.41 and 92.27.
- Volume is considerably higher in the last couple of days.
MDSO Weekly and Daily overview Charts
MDSO Setup Rating and Analysis
Although MDSO has an excellent technical rating, the quality of the presented setup is not ideal 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
MDSO Support and Resistance Analysis
90.49
When analyzing the support we notice one important area.
- A support zone ranging from 91.40 to 92.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 93.97 to 94.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
MDSO 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 MDSO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MDSO is up. |
| ChartMill Relative Strength | 83.65 | POSITIVE | MDSO has a high relative strength, it outperformed 83.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MDSO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MDSO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MDSO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.51 | NEUTRAL | The RSI value for MDSO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests MDSO has a positive trend. |
| Stochastics (14,3) | 94.27 | OVERBOUGHT | The high Stochastics value suggests MDSO may be overbought. |
| Average True Range in percent/ATR (20) | 0.18 | LOW VOLATILITY | The low ATR as a percentage value for MDSO suggests low volalility. |
MDSO Chart- and CandleStick Pattern Analysis
MDSO Technicals: Chart, Performance Metrics, Trend & Indicators
92.22
-0.02 (-0.02%)
MEDIDATA SOLUTIONS INC / MDSO TA FAQ
What is the technical rating for MDSO stock?
ChartMill assigns a technical rating of 7 / 10 to MDSO.
What is the current trend direction of MEDIDATA SOLUTIONS INC (MDSO) stock?
The current trend direction for MEDIDATA SOLUTIONS INC (MDSO) is Bullish.
Can you provide the RSI signal for MEDIDATA SOLUTIONS INC?
MEDIDATA SOLUTIONS INC (MDSO) has an RSI value of 67.5105. This indicates that the stock is currently neutral.
What is the MACD signal for MEDIDATA SOLUTIONS INC (MDSO) stock?
The MACD indicator for MEDIDATA SOLUTIONS INC (MDSO) has a value of 0.0367229, indicating a bearish trend.
Can you provide the buy/sell signal for MEDIDATA SOLUTIONS INC?
The buy/sell signal for MEDIDATA SOLUTIONS INC (MDSO) is buy as both the short term and long term trends are positive.