NYSE:MED - New York Stock Exchange, Inc. - US58470H1014 - Common Stock - Currency: USD
Overall MED gets a technical rating of 4 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. MED was also a bad performer in the overall market in the last year.
Although the technical rating is only medium, MED does present a nice setup opportunity. 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 14.59. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for MED in the last couple of days, which is a good sign.
12.34
When analyzing the support we can see 4 important areas.
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 | DOWN | NEGATIVE | The long term trend for MED is down. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MED is up. |
ChartMill Relative Strength | 17.44 | NEGATIVE | MED has a low relative strength, it was outperformed by 82.56% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MED is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MED is above the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MED is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 60.09 | NEUTRAL | The RSI value for MED is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests MED has a positive trend. |
Stochastics (14,3) | 86.08 | OVERBOUGHT | The high Stochastics value suggests MED may be overbought. |
Average True Range in percent/ATR (20) | 4.44 | MEDIUM VOLATILITY | The ATR as a percentage value for MED suggests some volalility. |
Average Directional Index/ADX (14) | 19.29 | NEGATIVE | The low ADX value for MED suggests a weak or negative trend. |
NYSE:MED (7/3/2025, 7:48:05 PM)
14.58
-0.04 (-0.27%)