MEDPACE HOLDINGS INC (MEDP) Technical Analysis
NASDAQ:MEDP • US58506Q1094
Current stock price
MEDP Technical Rating and Analysis
Overall MEDP gets a technical rating of 2 out of 10. MEDP has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- MEDP is one of the better performing stocks in the Life Sciences Tools & Services industry, it outperforms 82% of 57 stocks in the same industry.
- When comparing the performance of all stocks over the past year, MEDP turns out to be only a medium performer in the overall market: it outperformed 69% of all stocks.
- MEDP is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MEDP is lagging the market slightly.
- In the last month MEDP has a been trading in the 425.57 - 483.30 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
MEDP Weekly and Daily overview Charts
MEDP Setup Rating and Analysis
MEDP has a bad technical rating, but it does show 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 448.24, a Stop Loss order could be placed below this zone.
More info and screens
MEDP Support and Resistance Analysis
418.86
When analyzing the support we can see 2 important areas.
- A support zone ranging from 445.55 to 448.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 423.09 to 432.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 456.26 to 470.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @478.55 from a horizontal line in the daily time frame.
- A resistance zone ranging from 605.20 to 605.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @618.49 from a horizontal line in the daily time frame.
MEDP Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for MEDP is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MEDP is down. |
| ChartMill Relative Strength | 69.76 | NEUTRAL | MEDP is not amongst the best or worst performers 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 | NEGATIVE | The current price of MEDP is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of MEDP is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.68 | NEUTRAL | The RSI value for MEDP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 3.86 | POSITIVE | The MACD value suggests MEDP has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 44.14 | NEUTRAL | The Stochastics value for MEDP is a neutral value. |
| Average True Range in percent/ATR (20) | 4.01 | MEDIUM VOLATILITY | The ATR as a percentage value for MEDP suggests some volalility. |
| Average Directional Index/ADX (14) | 34.38 | POSITIVE | The high ADX value value for MEDP suggests a strong trend. |
MEDP Chart- and CandleStick Pattern Analysis
MEDP Technicals: Chart, Performance Metrics, Trend & Indicators
455.15
+1.51 (+0.33%)
MEDPACE HOLDINGS INC / MEDP TA FAQ
What is the technical rating for MEDP stock?
ChartMill assigns a technical rating of 2 / 10 to MEDP.
Can you provide the trend direction for MEDPACE HOLDINGS INC?
The current trend direction for MEDPACE HOLDINGS INC (MEDP) is Bearish.
What is the RSI signal for MEDP stock?
MEDPACE HOLDINGS INC (MEDP) has an RSI value of 41.679. 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 negative.
Can you provide the support and resistance levels for MEDPACE HOLDINGS INC?
MEDPACE HOLDINGS INC (MEDP) has a support level at 448.24 and a resistance level at 456.26. Check the full technical report for our detailed analysis of MEDP support and resistance levels.