MEDPACE HOLDINGS INC (MEDP) Stock Technical Analysis
NASDAQ:MEDP - Nasdaq - US58506Q1094 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to MEDP. Recently some decent action could be observed, but in the medium term time frame this is still negative. MEDP was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, MEDP is a bad performer in the overall market: 86% of all stocks are doing better.
MEDP is one of the lesser performing stocks in the Life Sciences Tools & Services industry. 60% of 54 stocks in the same industry do better.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
MEDP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MEDP is lagging the market.
In the last month MEDP has a been trading in the 301.90 - 334.33 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
MEDP has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 310.42, a Stop Loss order could be placed below this zone.
More info and screens
274.45
366.42
We found 4 important support areas.
- A support zone ranging from 305.43 to 310.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @298.53 from a trend line in the weekly time frame.
- A support zone ranging from 287.10 to 288.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @277.22 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 316.87 to 338.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @362.79 from a horizontal line in the weekly 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 | 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 | 14.75 | NEGATIVE | MEDP has a low relative strength, it was outperformed by 85.25% off all stocks 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) | UP | POSITIVE | The current price of MEDP is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MEDP is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.47 | NEUTRAL | The RSI value for MEDP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.21 | NEGATIVE | The MACD value suggests MEDP has a negative trend. |
| Stochastics (14,3) | 29.96 | NEUTRAL | The Stochastics value for MEDP is a neutral value. |
| Average True Range in percent/ATR (20) | 2.78 | MEDIUM VOLATILITY | The ATR as a percentage value for MEDP suggests some volalility. |
| Average Directional Index/ADX (14) | 19.68 | NEGATIVE | The low ADX value for MEDP suggests a weak or negative 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)
311.87
-7.29 (-2.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryLife Sciences Tools & Services
Performance
% Chg-2.28%
1 Week-3.6%
2 Weeks-3%
1 Month3.03%
3 Month5.26%
6 Month-7.55%
12 Month-25.98%
2 Year23.19%
3 Year83.96%
5 Year161.31%
10 YearN/A
15 YearN/A
Volatility
ATR(14)8.99
ATR(20)%2.78%
ATR Inc7.67%
Range Today12.58
ADR(20)8.6
ADR(20)%2.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.75
Mansfield-1.37
10 Day High334.33
10 Day Low309.97
20 Day High334.33
20 Day Low301.9
52 Week High440.38
52 Week Low250.05
CS1 End310.42
CR1 Start316.87
Volume & EV
DER(3)-1.08%
DER(5)-0.85%
Volume375.00K
Volume Incr-22.49%
Vol(5)330.04K
Vol(50)365.32K