Overall MEDP gets a technical rating of 6 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
Although the technical rating is only medium, MEDP does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 563.09, a Stop Loss order could be placed below this zone.
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346.08
When analyzing the support we can see 2 important areas.
- A support zone ranging from 544.07 to 563.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @349.58 from a trend line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 605.20 to 605.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @618.50 from a horizontal line in the daily time frame.
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 | 91.54 | POSITIVE | MEDP has a high relative strength, it outperformed 91.54% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MEDP is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of MEDP is below 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) | 49.9 | NEUTRAL | The RSI value for MEDP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.81 | NEGATIVE | The MACD value suggests MEDP has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 46.84 | NEUTRAL | The Stochastics value for MEDP is a neutral value. |
| Average True Range in percent/ATR (20) | 2.8 | MEDIUM VOLATILITY | The ATR as a percentage value for MEDP suggests some volalility. |
| Average Directional Index/ADX (14) | 19.29 | 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 |
|---|---|---|---|
| 572.45 | 544.06 | 28.39 (4.96%) | 20.16% |
| An entry @572.45. This is a Buy Stop order right above the 10 day high. | An exit @544.06. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 28.39 points, which is 4.96%. | When investing 20.16% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
568.36
+8.15 (+1.45%)
MEDPACE HOLDINGS INC / MEDP FAQ
What is the technical rating for MEDP stock?
ChartMill assigns a technical rating of 6 / 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 49.9022. 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 -0.808135, indicating a bearish trend.