MEDPACE HOLDINGS INC (MEDP) Stock Technical Analysis
USA - NASDAQ:MEDP - US58506Q1094 - Common Stock
544.41 USD
+16.34 (+3.09%)
544.41 USD
0 (0%)
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.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, MEDP did better than 90% of all other stocks.
MEDP is part of the Life Sciences Tools & Services industry. There are 57 other stocks in this industry. MEDP outperforms 85% 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 484.00 - 547.15 range, which is quite wide. It is currently trading near the high of this range.
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 support zone below the current price at 523.51, a Stop Loss order could be placed below this zone.
More info and screens
327.60
549.86
When analyzing the support we can see 3 important areas.
- A support zone ranging from 518.55 to 523.51. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 481.36 to 505.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @330.91 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 544.42 to 544.42. 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 | 90.47 | POSITIVE | MEDP has a high relative strength, it outperformed 90.47% 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) | 64.14 | NEUTRAL | The RSI value for MEDP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.73 | NEGATIVE | The MACD value suggests MEDP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 69.95 | NEUTRAL | The Stochastics value for MEDP is a neutral value. |
| Average True Range in percent/ATR (20) | 2.97 | MEDIUM VOLATILITY | The ATR as a percentage value for MEDP suggests some volalility. |
| Average Directional Index/ADX (14) | 29 | POSITIVE | The high ADX value value for MEDP suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
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 |
|---|---|---|---|
| 544.43 | 518.54 | 25.89 (4.76%) | 21.03% |
| An entry @544.43. This is a Buy Stop order right above the resistance zone. | An exit @518.54. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 25.89 points, which is 4.76%. | For a 1.00% total portfolio risk, you can invest 21.03% 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.
544.41
+16.34 (+3.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryLife Sciences Tools & Services
Performance
% Chg3.09%
1 Week3.23%
2 Weeks2.66%
1 Month9.3%
3 Month21.66%
6 Month82.35%
12 Month64.86%
2 Year124.34%
3 Year145.25%
5 Year390.73%
10 YearN/A
15 YearN/A
Volatility
ATR(14)18.48
ATR(20)%2.97%
ATR Inc-5.94%
Range Today21
ADR(20)15.99
ADR(20)%2.94%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.47
Mansfield3.46
10 Day High546.77
10 Day Low494.17
20 Day High547.15
20 Day Low484
52 Week High547.15
52 Week Low250.05
CS1 End523.51
CR1 Start544.42
Volume & EV
DER(3)0.32%
DER(5)0.57%
Volume245.10K
Volume Incr-9.68%
Vol(5)276.36K
Vol(50)320.65K