HORIZON KINETICS MEDICAL ETF (MEDX) Stock Technical Analysis
USA - NASDAQ:MEDX - US53656G5633 - ETF
31.8034 USD
+0.18 (+0.58%)
Taking everything into account, MEDX scores 8 out of 10 in our technical rating. Although MEDX is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Warning: MEDX has an average volume of 1281 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
MEDX is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month MEDX has a been trading in the 28.87 - 31.90 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, MEDX outperforms 63% of them, which is more or less in line with the market.
Although MEDX has an excellent technical rating, it 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
26.87
32.13
When analyzing the support we can see 2 important areas.
- A support zone ranging from 27.96 to 29.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 27.14 to 27.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 31.81 to 31.81. 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 MEDX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MEDX is up. |
| ChartMill Relative Strength | 63.35 | NEUTRAL | MEDX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MEDX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MEDX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MEDX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 73.8 | OVERBOUGHT | The high RSI value suggests MEDX may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.2 | POSITIVE | The MACD value suggests MEDX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 92.99 | OVERBOUGHT | The high Stochastics value suggests MEDX may be overbought. |
| Average True Range in percent/ATR (20) | 1.12 | LOW VOLATILITY | The low ATR as a percentage value for MEDX suggests low volalility. |
| Average Directional Index/ADX (14) | 35.77 | POSITIVE | The high ADX value value for MEDX 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)
NASDAQ:MEDX (10/8/2025, 8:00:12 PM)
31.8034
+0.18 (+0.58%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.58%
1 Week0.74%
2 Weeks8.13%
1 Month8.61%
3 Month14.27%
6 Month28.34%
12 Month3.22%
2 Year16.24%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.36
ATR(20)%1.12%
ATR Inc-50.72%
Range Today0.1
ADR(20)0.24
ADR(20)%0.74%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS63.35
Mansfield0.23
10 Day High31.9
10 Day Low28.87
20 Day High31.9
20 Day Low28.87
52 Week High31.9
52 Week Low23.46
CS1 End29.35
CR1 Start31.81
Volume & EV
DER(3)0%
DER(5)1.54%
Volume700
Volume Incr-24.69%
Vol(5)1.00K
Vol(50)1.28K