6.77 USD
-0.09 (-1.31%)
6.77 USD
0 (0%)
We assign a technical rating of 2 out of 10 to MDXG. MDXG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
81% of all other stocks performed better in the past year than MDXG.
MDXG is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month MDXG has a been trading in the 6.66 - 7.45 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
MDXG is part of the Biotechnology industry. There are 530 other stocks in this industry, MDXG did better than 44% of them.
Although the technical rating is bad, MDXG does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
5.65
8.18
When analyzing the support we can see 4 important areas.
- Support @6.66 from a trend line in the daily time frame.
- A support zone ranging from 6.52 to 6.55. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @6.33 from a horizontal line in the daily time frame.
- A support zone ranging from 5.71 to 5.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 6.98 to 7.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 7.26 to 7.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @7.66 from a horizontal line in the weekly time frame.
- Resistance @8.10 from a horizontal line in the daily time frame.
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 MDXG is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MDXG is down. |
| ChartMill Relative Strength | 19.46 | NEGATIVE | MDXG has a low relative strength, it was outperformed by 80.54% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of MDXG is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of MDXG is below the rising 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) | 42.61 | NEUTRAL | The RSI value for MDXG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests MDXG has a negative trend. |
| Stochastics (14,3) | 18.13 | OVERSOLD | The low Stochastics value suggests MDXG may be oversold. |
| Average True Range in percent/ATR (20) | 3.49 | MEDIUM VOLATILITY | The ATR as a percentage value for MDXG suggests some volalility. |
| Average Directional Index/ADX (14) | 13.67 | NEGATIVE | The low ADX value for MDXG suggests a weak or negative trend. |
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)
6.77
-0.09 (-1.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-1.31%
1 Week-3.29%
2 Weeks-6.62%
1 Month0.74%
3 Month-6.1%
6 Month6.78%
12 Month-26.33%
2 Year-22.8%
3 Year143.53%
5 Year-25.44%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%3.49%
ATR Inc-35.14%
Range Today0.17
ADR(20)0.24
ADR(20)%3.48%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS19.46
3 months CRS30.55
6 months CRS66.31
Mansfield-1.47
10 Day High7.45
10 Day Low6.74
20 Day High7.45
20 Day Low6.66
52 Week High9.36
52 Week Low5.79
CS1 End6.66
CR1 Start6.98
Volume & EV
DER(3)1.03%
DER(5)-0.44%
Volume539.86K
Volume Incr-0.78%
Vol(5)736.35K
Vol(50)936.67K
MIMEDX GROUP INC / MDXG FAQ
Can you provide the ChartMill technical rating for MIMEDX GROUP INC?
ChartMill assigns a technical rating of 2 / 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 42.6052. This indicates that the stock is currently neutral.
What is the MACD signal for MIMEDX GROUP INC (MDXG) stock?
The MACD indicator for MIMEDX GROUP INC (MDXG) has a value of -0.0287068, 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.