USA - New York Stock Exchange - NYSE:MDV - US60784B1017 - REIT
We assign a technical rating of 4 out of 10 to MDV. In the last year, MDV was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
MDV has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 15.09. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 14.68, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for MDV in the last couple of days, which is a good sign.
13.81
When analyzing the support we notice one important area.
We found 1 important resistance area.
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 MDV is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MDV is up. |
| ChartMill Relative Strength | 33.06 | NEUTRAL | MDV is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MDV is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of MDV is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of MDV is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.55 | NEUTRAL | The RSI value for MDV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests MDV has a positive trend. |
| Stochastics (14,3) | 88.35 | OVERBOUGHT | The high Stochastics value suggests MDV may be overbought. |
| Average True Range in percent/ATR (20) | 2.2 | MEDIUM VOLATILITY | The ATR as a percentage value for MDV suggests some volalility. |
| Average Directional Index/ADX (14) | 10.53 | NEGATIVE | The low ADX value for MDV suggests a weak or negative trend. |
14.9
+0.11 (+0.74%)
ChartMill assigns a technical rating of 4 / 10 to MDV.
The current trend direction for MODIV INDUSTRIAL INC (MDV) is Bearish.
MODIV INDUSTRIAL INC (MDV) has an RSI value of 57.5531. This indicates that the stock is currently neutral.
The MACD indicator for MODIV INDUSTRIAL INC (MDV) has a value of 0.0422518, indicating a bearish trend.