Taking everything into account, MDYG scores 6 out of 10 in our technical rating. Although MDYG is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
MDYG has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 93.06. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 91.21, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for MDYG 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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85.64
We found 1 important support area.
- A support zone ranging from 86.51 to 91.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 93.06 to 94.90. 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 | UP | POSITIVE | The long term trend for MDYG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MDYG is up. |
| ChartMill Relative Strength | 46.37 | NEUTRAL | MDYG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MDYG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of MDYG is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MDYG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.46 | NEUTRAL | The RSI value for MDYG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.3 | POSITIVE | The MACD value suggests MDYG has a positive trend. |
| Stochastics (14,3) | 87.77 | OVERBOUGHT | The high Stochastics value suggests MDYG may be overbought. |
| Average True Range in percent/ATR (20) | 1.61 | LOW VOLATILITY | The low ATR as a percentage value for MDYG suggests low volalility. |
| Average Directional Index/ADX (14) | 19.15 | NEGATIVE | The low ADX value for MDYG suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 94.91 | 87.08 | 7.83 (8.25%) | 12.12% |
| An entry @94.91. This is a Buy Stop order right above the resistance zone. | An exit @87.08. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 7.83 points, which is 8.25%. | For a 1.00% total portfolio risk, you can invest 12.12% of your capital in this trade. |
- 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.
NYSEARCA:MDYG (12/1/2025, 2:10:47 PM)
92.75
0 (0%)
SS SPDR S&P 400 MC GR ETF / MDYG FAQ
What is the ChartMill technical rating of SS SPDR S&P 400 MC GR ETF (MDYG) stock?
ChartMill assigns a technical rating of 6 / 10 to MDYG.
What is the trend direction for MDYG stock?
The current trend direction for SS SPDR S&P 400 MC GR ETF (MDYG) is Bullish.
What is the RSI signal for MDYG stock?
SS SPDR S&P 400 MC GR ETF (MDYG) has an RSI value of 58.4614. This indicates that the stock is currently neutral.
What is the short term momentum for MDYG stock?
The short term momentum for SS SPDR S&P 400 MC GR ETF (MDYG) is positive.
What is the buy/sell signal for MDYG stock?
The buy/sell signal for SS SPDR S&P 400 MC GR ETF (MDYG) is buy as both the short term and long term trends are positive.