MEDPACE HOLDINGS INC (MEDP) Stock Technical Analysis
NASDAQ:MEDP - US58506Q1094 - Common Stock
473.34 USD
-2.17 (-0.46%)
473.34 USD
0 (0%)
We assign a technical rating of 9 out of 10 to MEDP. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, MEDP is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
MEDP is one of the better performing stocks in the Life Sciences Tools & Services industry, it outperforms 88% of 55 stocks in the same industry.
MEDP is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so MEDP is lagging the market slightly.
In the last month MEDP has a been trading in the 424.56 - 477.49 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, MEDP did better than 91% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
Considerably lower volume is observed in the last couple of days.
MEDP has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 475.52. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 473.33, a Stop Loss order could be placed below this zone.
More info and screens
300.82
482.52
5 important support areas can be observed.
- A support zone ranging from 467.62 to 473.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @423.08 from a horizontal line in the daily time frame.
- Support @331.00 from a horizontal line in the daily time frame.
- Support @318.11 from a trend line in the daily time frame.
- Support @303.86 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 475.52 to 477.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The short term trend for MEDP is up. |
| ChartMill Relative Strength | 91.48 | POSITIVE | MEDP has a high relative strength, it outperformed 91.48% 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) | UP | POSITIVE | The current price of MEDP is above 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) | 66.32 | NEUTRAL | The RSI value for MEDP is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.58 | NEGATIVE | The MACD value suggests MEDP has a negative trend. |
| Stochastics (14,3) | 89.76 | OVERBOUGHT | The high Stochastics value suggests MEDP may be overbought. |
| Average True Range in percent/ATR (20) | 2.04 | MEDIUM VOLATILITY | The ATR as a percentage value for MEDP suggests some volalility. |
| Average Directional Index/ADX (14) | 38.93 | POSITIVE | The high ADX value value for MEDP suggests a strong 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)
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 |
|---|---|---|---|
| 477.75 | 467.61 | 10.14 (2.12%) | 25.00% |
| An entry @477.75. This is a Buy Stop order right above the resistance zone. | An exit @467.61. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 10.14 points, which is 2.12%. | For a 0.53% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of MEDP. Please evaluate whether better entry and exit points can be found.
- 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.
473.34
-2.17 (-0.46%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryLife Sciences Tools & Services
Performance
% Chg-0.46%
1 Week1.4%
2 Weeks2.25%
1 Month9.46%
3 Month59.64%
6 Month42.23%
12 Month40.98%
2 Year95.49%
3 Year201.16%
5 Year323.57%
10 YearN/A
15 YearN/A
Volatility
ATR(14)8.84
ATR(20)%2.04%
ATR Inc-1.38%
Range Today11.87
ADR(20)9.44
ADR(20)%1.99%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.48
Mansfield2.76
10 Day High477.49
10 Day Low452.77
20 Day High477.49
20 Day Low424.56
52 Week High501.3
52 Week Low250.05
CS1 End473.33
CR1 Start475.52
Volume & EV
DER(3)-1.86%
DER(5)-2.37%
Volume380.10K
Volume Incr-21.13%
Vol(5)305.36K
Vol(50)520.52K