SPECTRAL AI INC (MDAI)
US84757T1051 - Common Stock
We assign a technical rating of 9 out of 10 to MDAI. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, MDAI is showing a nice and steady performance.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
The long and short term trends are both positive. This is looking good!
MDAI is part of the Health Care Equipment & Supplies industry. There are 187 other stocks in this industry. MDAI outperforms 84% of them.
MDAI has an average volume of 2460590 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, MDAI did better than 89% of all other stocks. However, this relatively good performance is mostly due to a recent big 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 1.22 - 2.77 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, MDAI also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 1.95, a Stop Loss order could be placed below this zone.
More info and screens
1.11
2.17
3 important support areas can be observed.
- A support zone ranging from 1.89 to 1.95. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @1.30 from a trend line in the weekly time frame.
- Support @1.12 from a trend line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 2.09 to 2.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.15 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.32
Mansfield0.58
10 Day High2.23
10 Day Low1.71
20 Day High2.77
20 Day Low1.22
52 Week High3.72
52 Week Low0.82
Performance
1 Week7.14%
2 Weeks1.45%
1 Month76.47%
3 Month73.55%
6 Month19.32%
12 Month-14.63%
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)-0.02
RSI(14)61.24
LBB1.76
UBB2.22
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 |
|---|---|---|---|
| 2.12 | 1.88 | 0.24 (11.32%) | 8.83% |
| An entry @2.12. This is a Buy Stop order right above the resistance zone. | An exit @1.88. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.24 points, which is 11.32%. | For a 1.00% total portfolio risk, you can invest 8.83% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of MDAI. Please evaluate whether better entry and exit points can be found.
- 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.
SPECTRAL AI INC
NASDAQ:MDAI (12/24/2024, 1:31:54 PM)
After market: 2.05 +0.02 (+0.99%)2.03
-0.07 (-3.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-3.33%
1 Week7.14%
2 Weeks1.45%
1 Month76.47%
3 Month73.55%
6 Month19.32%
12 Month-14.63%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.27
ATR(20)%16.13%
ATR Inc-21.62%
Range Today0.12
ADR(20)0.33
ADR(20)%16.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.32
Mansfield0.58
10 Day High2.23
10 Day Low1.71
20 Day High2.77
20 Day Low1.22
52 Week High3.72
52 Week Low0.82
CS1 End1.95
CR1 Start2.11
Volume & EV
DER(3)2.32%
DER(5)-1.22%
Volume486.20K
Volume Incr-83.92%
Vol(5)899.10K
Vol(50)2.46M