NYSE:MED - New York Stock Exchange, Inc. - US58470H1014 - Common Stock - Currency: USD
We assign a technical rating of 6 out of 10 to MED. In the last year, MED was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
MED has an average technical rating and also the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
12.56
When analyzing the support we can see 3 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 | NEUTRAL | NEUTRAL | The long term trend for MED is neutral. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MED is up. |
ChartMill Relative Strength | 24.49 | NEGATIVE | MED has a low relative strength, it was outperformed by 75.51% 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) | 58.33 | NEUTRAL | The RSI value for MED is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests MED has a positive trend. |
Stochastics (14,3) | 83.04 | OVERBOUGHT | The high Stochastics value suggests MED may be overbought. |
Average True Range in percent/ATR (20) | 3.91 | MEDIUM VOLATILITY | The ATR as a percentage value for MED suggests some volalility. |
Average Directional Index/ADX (14) | 21.29 | NEUTRAL | The ADX value for MED suggests a possible start of a new 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 |
---|---|---|---|
15.24 | 13.17 | 2.07 (13.58%) | 7.36% |
An entry @15.24. This is a Buy Stop order right above the resistance zone. | An exit @13.17. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 2.07 points, which is 13.58%. | For a 1.00% total portfolio risk, you can invest 7.36% of your capital in this trade. |
14.9
-0.21 (-1.39%)