MIMEDX GROUP INC (MDXG) Technical Analysis
NASDAQ:MDXG • US6024961012
Current stock price
3.81 USD
-0.13 (-3.3%)
At close:
3.81 USD
0 (0%)
After Hours:
MDXG Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to MDXG. MDXG's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 94% of all other stocks performed better in the past year than MDXG.
- MDXG is part of the Biotechnology industry. There are 519 other stocks in this industry, of which 77% are performing better than MDXG.
- MDXG is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so MDXG is lagging the market.
- In the last month MDXG has a been trading in the 3.81 - 4.93 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- MDXG has an average volume of 1019580 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
MDXG Weekly and Daily overview Charts
MDXG Setup Rating and Analysis
The technical rating of MDXG is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
MDXG Support and Resistance Analysis
3.77
7.88
3 important resistance areas can be observed.
- A resistance zone ranging from 4.38 to 4.40. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @6.74 from a trend line in the weekly time frame.
- Resistance @7.80 from a horizontal line in the weekly time frame.
MDXG 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 | DOWN | NEGATIVE | The long term trend for MDXG is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MDXG is down. |
| ChartMill Relative Strength | 6.5 | NEGATIVE | MDXG has a low relative strength, it was outperformed by 93.5% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MDXG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MDXG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MDXG is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 19.51 | OVERSOLD | The low RSI value suggests MDXG may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests MDXG has a negative trend. |
| Stochastics (14,3) | 2.01 | OVERSOLD | The low Stochastics value suggests MDXG may be oversold. |
| Average True Range in percent/ATR (20) | 4.69 | MEDIUM VOLATILITY | The ATR as a percentage value for MDXG suggests some volalility. |
| Average Directional Index/ADX (14) | 55.11 | POSITIVE | The high ADX value value for MDXG suggests a strong trend. |
MDXG Chart- and CandleStick Pattern Analysis
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)
MDXG Technicals: Chart, Performance Metrics, Trend & Indicators
3.81
-0.13 (-3.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-3.3%
1 Week-7.52%
2 Weeks-13.01%
1 Month-22.09%
3 Month-44.78%
6 Month-45.1%
12 Month-49.47%
2 Year-50.52%
3 Year11.73%
5 Year-63.01%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.17
ATR(20)%4.69%
ATR Inc14.46%
Range Today0.17
ADR(20)0.16
ADR(20)%4.33%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.5
3 months CRS6.42
6 months CRS11.74
Mansfield-4.02
10 Day High4.52
10 Day Low3.81
20 Day High4.93
20 Day Low3.81
52 Week High7.99
52 Week Low3.81
CS1 EndN/A
CR1 Start4.38
Volume & EV
DER(3)0.6%
DER(5)1.53%
Volume1.27M
Volume Incr-21.03%
Vol(5)898.22K
Vol(50)1.02M
MIMEDX GROUP INC / MDXG TA FAQ
Can you provide the ChartMill technical rating for MIMEDX GROUP INC?
ChartMill assigns a technical rating of 0 / 10 to MDXG.
Can you provide the trend direction for MIMEDX GROUP INC?
The current trend direction for MIMEDX GROUP INC (MDXG) is Bearish.
What is the RSI signal for MDXG stock?
MIMEDX GROUP INC (MDXG) has an RSI value of 19.5137. This indicates that the stock is currently oversold.
What is the MACD signal for MIMEDX GROUP INC (MDXG) stock?
The MACD indicator for MIMEDX GROUP INC (MDXG) has a value of -0.0230662, indicating a bearish trend.
Can you provide the short term momentum for MIMEDX GROUP INC?
The short term momentum for MIMEDX GROUP INC (MDXG) is negative.