WESTWD SAT ENCD MDSTR IN ETF (MDST) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:MDST - US90386K5891 - ETF
Taking everything into account, MDST scores 1 out of 10 in our technical rating. MDST scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
MDST has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. We notice that large players showed an interest for MDST in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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24.49
When analyzing the support we can see 2 important areas.
- Support @25.48 from a horizontal line in the daily time frame.
- A support zone ranging from 24.74 to 24.90. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 26.20 to 27.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 28.57 to 28.81. 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 | NEUTRAL | NEUTRAL | The long term trend for MDST is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MDST is neutral. |
| ChartMill Relative Strength | 32.17 | NEUTRAL | MDST is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MDST is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of MDST is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MDST is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.24 | NEUTRAL | The RSI value for MDST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests MDST has a negative trend. |
| Stochastics (14,3) | 7.24 | OVERSOLD | The low Stochastics value suggests MDST may be oversold. |
| Average True Range in percent/ATR (20) | 1.19 | LOW VOLATILITY | The low ATR as a percentage value for MDST suggests low volalility. |
| Average Directional Index/ADX (14) | 17.66 | NEGATIVE | The low ADX value for MDST suggests a weak or negative trend. |
25.99
+0.12 (+0.46%)
WESTWD SAT ENCD MDSTR IN ETF / MDST FAQ
What is the ChartMill technical rating of WESTWD SAT ENCD MDSTR IN ETF (MDST) stock?
ChartMill assigns a technical rating of 1 / 10 to MDST.
What is the current trend direction of WESTWD SAT ENCD MDSTR IN ETF (MDST) stock?
The current trend direction for WESTWD SAT ENCD MDSTR IN ETF (MDST) is Bearish.
What is the RSI signal for MDST stock?
WESTWD SAT ENCD MDSTR IN ETF (MDST) has an RSI value of 43.238. This indicates that the stock is currently neutral.
What is the MACD signal for MDST stock?
The MACD indicator for WESTWD SAT ENCD MDSTR IN ETF (MDST) has a value of -0.0717809, indicating a bearish trend.