MEDPACE HOLDINGS INC (MEDP) Technical Analysis
NASDAQ:MEDP • US58506Q1094
Current stock price
MEDP Technical Rating and Analysis
Overall MEDP gets a technical rating of 5 out of 10. Although MEDP is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- MEDP is one of the better performing stocks in the Life Sciences Tools & Services industry, it outperforms 89% of 57 stocks in the same industry.
- In the last month MEDP has a been trading in the 442.83 - 502.00 range, which is quite wide. It is currently trading near the high of this range.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- Looking at the yearly performance, MEDP did better than 81% of all other stocks. However, we also see that MEDP couldn't keep up this performance in the last couple of months.
- 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.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
MEDP Weekly and Daily overview Charts
MEDP Setup Rating and Analysis
MEDP has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
MEDP Support and Resistance Analysis
418.86
3 important support areas can be observed.
- A support zone ranging from 456.06 to 457.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 438.08 to 443.84. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 423.09 to 428.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 498.35 to 498.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | NEUTRAL | NEUTRAL | The long term trend for MEDP is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MEDP is neutral. |
| ChartMill Relative Strength | 81.31 | POSITIVE | MEDP has a high relative strength, it outperformed 81.31% 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) | DOWN | MIXED | The current price of MEDP is above 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) | 60.51 | NEUTRAL | The RSI value for MEDP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 6.65 | POSITIVE | The MACD value suggests MEDP has a positive trend. |
| Stochastics (14,3) | 93 | OVERBOUGHT | The high Stochastics value suggests MEDP may be overbought. |
| Average True Range in percent/ATR (20) | 3.58 | MEDIUM VOLATILITY | The ATR as a percentage value for MEDP suggests some volalility. |
| Average Directional Index/ADX (14) | 23.43 | NEUTRAL | The ADX value for MEDP suggests a possible start of a new trend. |
MEDP Chart- and CandleStick Pattern Analysis
MEDP Technicals: Chart, Performance Metrics, Trend & Indicators
496
-2.34 (-0.47%)
MEDPACE HOLDINGS INC / MEDP TA FAQ
What is the technical rating for MEDP stock?
ChartMill assigns a technical rating of 5 / 10 to MEDP.
Can you provide the trend direction for MEDPACE HOLDINGS INC?
The current trend direction for MEDPACE HOLDINGS INC (MEDP) is Bearish.
Can you provide the RSI signal for MEDPACE HOLDINGS INC?
MEDPACE HOLDINGS INC (MEDP) has an RSI value of 60.5097. This indicates that the stock is currently neutral.
Can you provide the MACD signal for MEDPACE HOLDINGS INC?
The MACD indicator for MEDPACE HOLDINGS INC (MEDP) has a value of 6.64671, indicating a bullish trend.