MULTIPLAN CORP (MPLN) Stock Technical Analysis
NYSE:MPLN - New York Stock Exchange, Inc. - US62548M2098 - Common Stock - Currency: USD
We assign a technical rating of 7 out of 10 to MPLN. In the last year, MPLN was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
MPLN is one of the better performing stocks in the Health Care Technology industry, it outperforms 94% of 36 stocks in the same industry.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
Looking at the yearly performance, MPLN did better than 97% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
MPLN is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MPLN is lagging the market slightly.
In the last month MPLN has a been trading in the 12.86 - 29.84 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although MPLN 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
22.92
23.38
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 | NEUTRAL | NEUTRAL | The long term trend for MPLN is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MPLN is neutral. |
| ChartMill Relative Strength | 97.53 | POSITIVE | MPLN has a high relative strength, it outperformed 97.53% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of MPLN is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MPLN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of MPLN is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.9 | NEUTRAL | The RSI value for MPLN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.78 | NEGATIVE | The MACD value suggests MPLN has a negative trend. |
| Stochastics (14,3) | 54.36 | NEUTRAL | The Stochastics value for MPLN is a neutral value. |
| Average True Range in percent/ATR (20) | 14.01 | HIGH VOLATILITY | The high ATR as a percentage value for MPLN suggests high volalility. |
| Average Directional Index/ADX (14) | 58.39 | POSITIVE | The high ADX value value for MPLN 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)
23.15
-0.36 (-1.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Technology
Performance
% Chg-1.53%
1 Week-21.45%
2 Weeks-14.35%
1 Month40.13%
3 Month193.41%
6 Month146.28%
12 Month-47.86%
2 Year-42.7%
3 Year-84.61%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.59
ATR(20)%14.01%
ATR Inc1.72%
Range Today2.23
ADR(20)2.79
ADR(20)%12.03%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.53
Mansfield2.4
10 Day High29.84
10 Day Low12.86
20 Day High29.84
20 Day Low12.86
52 Week High45.4
52 Week Low4.8
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-2.15%
DER(5)-1.04%
Volume204.80K
Volume Incr87.95%
Vol(5)294.88K
Vol(50)229.86K