MDxHealth SA (MDXH.BR) Technical Analysis
EBR:MDXH • BE0974461940
Current stock price
MDXH.BR Technical Rating and Analysis
Taking everything into account, MDXH scores 9 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, MDXH is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- MDXH is one of the better performing stocks in the Biotechnology industry, it outperforms 100% of 72 stocks in the same industry.
- MDXH is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- When comparing the yearly performance of all stocks, we notice that MDXH is one of the better performing stocks in the market, outperforming 99% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
- In the last month MDXH has a been trading in the 2.80 - 3.28 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
MDXH.BR Weekly and Daily overview Charts
MDXH.BR Setup Rating and Analysis
MDXH has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 2.82, a Stop Loss order could be placed below this zone.
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MDXH.BR Support and Resistance Analysis
2.77
When analyzing the support we notice one important area.
- A support zone ranging from 2.80 to 2.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
MDXH.BR 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 | UP | POSITIVE | The long term trend for MDXH.BR is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MDXH.BR is up. |
| ChartMill Relative Strength | 99.77 | POSITIVE | MDXH.BR has a high relative strength, it outperformed 99.77% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MDXH.BR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MDXH.BR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MDXH.BR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 68.11 | NEUTRAL | The RSI value for MDXH.BR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests MDXH.BR has a negative trend. |
| Stochastics (14,3) | 67.01 | NEUTRAL | The Stochastics value for MDXH.BR is a neutral value. |
| Average True Range in percent/ATR (20) | 5.51 | HIGH VOLATILITY | The high ATR as a percentage value for MDXH.BR suggests high volalility. |
| Average Directional Index/ADX (14) | 66.45 | POSITIVE | The high ADX value value for MDXH.BR suggests a strong trend. |
MDXH.BR Chart- and CandleStick Pattern Analysis
MDXH.BR Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 3.09 | 2.79 | 0.30 (9.74%) | 10.27% |
| An entry @3.09. This is a Buy Stop order right above the 10 day moving average. | An exit @2.79. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.30 points, which is 9.74%. | When investing 10.27% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
MDXH.BR Technicals: Chart, Performance Metrics, Trend & Indicators
EBR:MDXH (12/15/2023, 7:00:00 PM)
3.02
-0.12 (-3.76%)
MDxHealth SA / MDXH.BR TA FAQ
Can you provide the ChartMill technical rating for MDxHealth SA?
ChartMill assigns a technical rating of 8 / 10 to MDXH.BR.
What is the current trend direction of MDxHealth SA (MDXH.BR) stock?
The current trend direction for MDxHealth SA (MDXH.BR) is Bullish.
What is the RSI signal for MDXH stock?
MDxHealth SA (MDXH.BR) has an RSI value of 68.1132. This indicates that the stock is currently neutral.
What is the buy/sell signal for MDxHealth SA (MDXH.BR) stock?
The buy/sell signal for MDxHealth SA (MDXH.BR) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for MDxHealth SA (MDXH.BR) stock?
MDxHealth SA (MDXH.BR) has a support level at 2.82. Check the full technical report for our detailed analysis of MDXH.BR support and resistance levels.