NYSE:MFD - New York Stock Exchange, Inc. - US55607W1009 - Currency: USD
Taking everything into account, MFD scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, MFD is only an average performer.
MFD has an excellent technical rating and also presents 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 8.29, a Stop Loss order could be placed below this zone.
7.14
When analyzing the support we can see 4 important areas.
We found 1 important resistance area.
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 |
---|---|---|---|
8.58 | 8.40 | 0.17 (2.04%) | 25.00% |
An entry @8.57. This is a Buy Stop order right above the 10 day moving average. | An exit @8.40. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.17 points, which is 2.04%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.51%. |
8.45
-0.19 (-2.2%)