SPECTRAL AI INC (MDAI) Stock Technical Analysis
NASDAQ:MDAI - Nasdaq - US84757T1051 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to MDAI. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
MDAI is one of the better performing stocks in the Health Care Equipment & Supplies industry, it outperforms 85% of 190 stocks in the same industry.
MDAI has an average volume of 1302290 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
Looking at the yearly performance, MDAI did better than 91% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
MDAI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MDAI is lagging the market.
In the last month MDAI has a been trading in the 1.72 - 2.25 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, MDAI does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
1.16
2.99
4 important support areas can be observed.
- Support @1.91 from a horizontal line in the weekly time frame.
- A support zone ranging from 1.76 to 1.78. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @1.24 from a trend line in the daily time frame.
- Support @1.17 from a trend line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 2.08 to 2.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.23 from a horizontal line in the daily time frame.
- Resistance @2.96 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.57
Mansfield0.21
10 Day High2.25
10 Day Low1.86
20 Day High2.25
20 Day Low1.72
52 Week High3.25
52 Week Low0.82
Performance
1 Week-10.14%
2 Weeks-2.01%
1 Month-3.47%
3 Month63.87%
6 Month30.87%
12 Month4.28%
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
RSI(14)45.75
LBB1.8
UBB2.27
1.95
-0.04 (-2.01%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-2.01%
1 Week-10.14%
2 Weeks-2.01%
1 Month-3.47%
3 Month63.87%
6 Month30.87%
12 Month4.28%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%7.95%
ATR Inc-26.14%
Range Today0.1
ADR(20)0.15
ADR(20)%7.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.57
Mansfield0.21
10 Day High2.25
10 Day Low1.86
20 Day High2.25
20 Day Low1.72
52 Week High3.25
52 Week Low0.82
CS1 End1.91
CR1 Start2.08
Volume & EV
DER(3)-0.93%
DER(5)-6.17%
Volume401.60K
Volume Incr-45.34%
Vol(5)507.86K
Vol(50)1.30M