MEDPACE HOLDINGS INC (MEDP) Stock Technical Analysis
USA - NASDAQ:MEDP - US58506Q1094 - Common Stock
Overall MEDP gets a technical rating of 10 out of 10. Both in the recent history as in the last year, MEDP has proven to be a steady performer, scoring decent points in every aspect analyzed.
MEDP has an excellent technical rating and also presents a decent setup pattern. 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 605.21. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 592.18, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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.
More info and screens
522.96
We found 2 important support areas.
- A support zone ranging from 574.18 to 592.18. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 528.24 to 536.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 605.21 to 605.21. 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 MEDP is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MEDP is up. |
| ChartMill Relative Strength | 93.98 | POSITIVE | MEDP has a high relative strength, it outperformed 93.98% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MEDP is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MEDP is above the rising 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) | 67.87 | NEUTRAL | The RSI value for MEDP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.57 | NEGATIVE | The MACD value suggests MEDP has a negative trend. |
| Stochastics (14,3) | 65.4 | NEUTRAL | The Stochastics value for MEDP is a neutral value. |
| Average True Range in percent/ATR (20) | 3.42 | MEDIUM VOLATILITY | The ATR as a percentage value for MEDP suggests some volalility. |
| Average Directional Index/ADX (14) | 35.99 | POSITIVE | The high ADX value value for MEDP suggests a strong 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 |
|---|---|---|---|
| 605.22 | 574.17 | 31.05 (5.13%) | 19.49% |
| An entry @605.22. This is a Buy Stop order right above the resistance zone. | An exit @574.17. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 31.05 points, which is 5.13%. | When investing 19.49% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
602.77
+2.33 (+0.39%)
MEDPACE HOLDINGS INC / MEDP FAQ
What is the technical rating for MEDP stock?
ChartMill assigns a technical rating of 10 / 10 to MEDP.
What is the current trend direction of MEDPACE HOLDINGS INC (MEDP) stock?
The current trend direction for MEDPACE HOLDINGS INC (MEDP) is Bullish.
What is the RSI signal for MEDPACE HOLDINGS INC (MEDP) stock?
MEDPACE HOLDINGS INC (MEDP) has an RSI value of 67.8717. This indicates that the stock is currently neutral.
What is the MACD signal for MEDP stock?
The MACD indicator for MEDPACE HOLDINGS INC (MEDP) has a value of -0.574854, indicating a bearish trend.
Can you provide the buy/sell signal for MEDPACE HOLDINGS INC?
The buy/sell signal for MEDPACE HOLDINGS INC (MEDP) is buy as both the short term and long term trends are positive.