Overall MEDP gets a technical rating of 8 out of 10. In the last year, MEDP was one of the better performers, but we do observe some doubts in the very recent evolution.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- Looking at the yearly performance, MEDP did better than 89% of all other stocks.
- MEDP is part of the Life Sciences Tools & Services industry. There are 57 other stocks in this industry. MEDP outperforms 89% of them.
- MEDP 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.
- In the last month MEDP has a been trading in the 551.00 - 628.92 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
MEDP has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 584.41, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
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538.63
We found 3 important support areas.
- A support zone ranging from 584.12 to 584.41. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @557.07 from a horizontal line in the daily time frame.
- A support zone ranging from 544.07 to 548.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 606.53 to 620.60. This zone is formed by a combination of multiple trend lines and important moving averages 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 MEDP is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MEDP is neutral. |
| ChartMill Relative Strength | 89.14 | POSITIVE | MEDP has a high relative strength, it outperformed 89.14% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of MEDP is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of MEDP is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MEDP is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.1 | NEUTRAL | The RSI value for MEDP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.55 | NEGATIVE | The MACD value suggests MEDP has a negative trend. |
| Stochastics (14,3) | 65.05 | NEUTRAL | The Stochastics value for MEDP is a neutral value. |
| Average True Range in percent/ATR (20) | 3.05 | MEDIUM VOLATILITY | The ATR as a percentage value for MEDP suggests some volalility. |
| Average Directional Index/ADX (14) | 17.26 | NEGATIVE | The low ADX value for MEDP 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 |
|---|---|---|---|
| 606.54 | 584.11 | 22.43 (3.70%) | 25.00% |
| An entry @606.54. This is a Buy Stop order right above the 10 day moving average. | An exit @584.11. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 22.43 points, which is 3.70%. | For a 0.92% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of MEDP. Please evaluate whether better entry and exit points can be found.
- 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.
588.05
-18.22 (-3.01%)
MEDPACE HOLDINGS INC / MEDP FAQ
What is the technical rating for MEDP stock?
ChartMill assigns a technical rating of 8 / 10 to MEDP.
Can you provide the trend direction for MEDPACE HOLDINGS INC?
The current trend direction for MEDPACE HOLDINGS INC (MEDP) is Bullish.
What is the RSI signal for MEDP stock?
MEDPACE HOLDINGS INC (MEDP) has an RSI value of 48.0985. This indicates that the stock is currently neutral.
What is the short term momentum for MEDPACE HOLDINGS INC (MEDP) stock?
The short term momentum for MEDPACE HOLDINGS INC (MEDP) is neutral.
Can you provide the support and resistance levels for MEDPACE HOLDINGS INC?
MEDPACE HOLDINGS INC (MEDP) has a support level at 584.41 and a resistance level at 606.53. Check the full technical report for our detailed analysis of MEDP support and resistance levels.