NASDAQ:MEDP - Nasdaq - US58506Q1094 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to MEDP. MEDP's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
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 resistance zone just above the current price starting at 305.12. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 290.15, a Stop Loss order could be placed below this zone.
274.45
We found 2 important support areas.
When analyzing the resistance we notice 5 important areas.
305.11
+2.86 (+0.95%)