MEDIDATA SOLUTIONS INC (MDSO) Stock Technical Analysis
NASDAQ:MDSO - Nasdaq -
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.
Both the short term and long term trends are positive. This is a very positive sign.
MDSO is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so MDSO is performing more or less in line with the market.
Looking at the yearly performance, MDSO did better than 83% of all other 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 has an excellent technical rating, but the quality of the setup is only medium 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
90.49
95.70
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.
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. |
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)
92.22
-0.02 (-0.02%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.02%
1 Week0.35%
2 Weeks0.27%
1 Month0.79%
3 Month0.94%
6 Month-1.86%
12 Month28.57%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.17
ATR(20)%0.18%
ATR Inc-78.5%
Range Today0.05
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.65
Mansfield0.45
10 Day High92.27
10 Day Low91.72
20 Day High92.27
20 Day Low91.41
52 Week High98.6
52 Week Low60.1
CS1 End92.09
CR1 Start93.97
Volume & EV
DER(3)0.54%
DER(5)-1.2%
Volume7.35M
Volume Incr207.36%
Vol(5)2.57M
Vol(50)884.77K