Mgc Diagnostics Corp. (MGCD) Stock Technical Analysis
NASDAQ:MGCD - Nasdaq -
Overall MGCD gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, MGCD is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that MGCD is one of the better performing stocks in the market, outperforming 88% of all stocks. We also observe that the gains produced by MGCD over the past year are nicely spread over this period.
MGCD is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so MGCD is leading the market.
In the last month MGCD has a been trading in a tight range between 10.95 and 11.20.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, MGCD also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 11.04. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 11.00, a Stop Loss order could be placed below this zone.
More info and screens
8.34
11.15
When analyzing the support we can see 4 important areas.
- A support zone ranging from 10.97 to 11.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @9.35 from a trend line in the daily time frame.
- Support @8.77 from a trend line in the weekly time frame.
- A support zone ranging from 8.42 to 8.50. 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 11.04 to 11.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.69
Mansfield1.63
10 Day High11.04
10 Day Low10.95
20 Day High11.2
20 Day Low10.95
52 Week High11.2
52 Week Low6.24
Performance
1 Week0.46%
2 Weeks0.27%
1 Month0.64%
3 Month22.92%
6 Month34.51%
12 Month39.8%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.08
RSI(14)73.72
LBB10.97
UBB11.03
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 |
|---|---|---|---|
| 11.05 | 10.94 | 0.11 (1.00%) | 25.00% |
| An entry @11.05. This is a Buy Stop order right above the resistance zone. | An exit @10.94. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.11 points, which is 1.00%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.25%. |
- 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.
NASDAQ:MGCD (12/28/2017, 8:10:00 PM)
11.03
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0%
1 Week0.46%
2 Weeks0.27%
1 Month0.64%
3 Month22.92%
6 Month34.51%
12 Month39.8%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%0.34%
ATR Inc-12.5%
Range Today0.02
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.69
Mansfield1.63
10 Day High11.04
10 Day Low10.95
20 Day High11.2
20 Day Low10.95
52 Week High11.2
52 Week Low6.24
CS1 End11
CR1 Start11.04
Volume & EV
DER(3)2.08%
DER(5)1.51%
Volume4.30K
Volume Incr-84.69%
Vol(5)19.08K
Vol(50)53.39K