MINIMED GROUP INC (MMED) Technical Analysis
NASDAQ:MMED • US60365F1093
Current stock price
MMED Technical Rating and Analysis
Overall MMED gets a technical rating of 3 out of 10. In the last year, MMED was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
- When comparing the yearly performance of all stocks, MMED is a bad performer in the overall market: 100% of all stocks are doing better.
- MMED is part of the Health Care Equipment & Supplies industry. There are 187 other stocks in this industry, of which 90% are performing better than MMED.
- In the last month MMED has a been trading in the 12.80 - 17.20 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Both the short term and long term trends are positive. This is a very positive sign.
MMED Weekly and Daily overview Charts
MMED Setup Rating and Analysis
The technical rating of MMED is bad and it also does not present a 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
MMED Support and Resistance Analysis
13.07
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 14.39 to 14.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @14.80 from a trend line in the daily time frame.
MMED Technical Indicator Signal Analysis
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 MMED is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MMED is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | MMED has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MMED is below a declining SMA(20). |
| Relative Strength Index/RSI (14) | 35.11 | NEUTRAL | The RSI value for MMED is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.52 | NEGATIVE | The MACD value suggests MMED has a negative trend. |
| Stochastics (14,3) | 33.95 | NEUTRAL | The Stochastics value for MMED is a neutral value. |
| Average True Range in percent/ATR (20) | 7.9 | HIGH VOLATILITY | The high ATR as a percentage value for MMED suggests high volalility. |
| Average Directional Index/ADX (14) | 28.56 | POSITIVE | The high ADX value value for MMED suggests a strong trend. |
MMED Chart- and CandleStick Pattern Analysis
MMED Technicals: Chart, Performance Metrics, Trend & Indicators
13.2
-0.61 (-4.42%)
MINIMED GROUP INC / MMED TA FAQ
Can you provide the ChartMill technical rating for MINIMED GROUP INC?
ChartMill assigns a technical rating of 3 / 10 to MMED.
What is the current trend direction of MINIMED GROUP INC (MMED) stock?
The current trend direction for MINIMED GROUP INC (MMED) is Bullish.
What is the RSI signal for MMED stock?
MINIMED GROUP INC (MMED) has an RSI value of 35.1136. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for MINIMED GROUP INC?
The buy/sell signal for MINIMED GROUP INC (MMED) is buy as both the short term and long term trends are positive.
What is the support and resistance level for MMED stock?
MINIMED GROUP INC (MMED) has a resistance level at 14.39. Check the full technical report for our detailed analysis of MMED support and resistance levels.