MEDICINES CO (MDCO) Stock Technical Analysis
NASDAQ:MDCO - Nasdaq -
Taking everything into account, MDCO scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, MDCO has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that MDCO is one of the better performing stocks in the market, outperforming 99% of all stocks. We also observe that the gains produced by MDCO over the past year are nicely spread over this period.
MDCO is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so MDCO is leading the market.
MDCO has an average volume of 4504680 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month MDCO has a been trading in a tight range between 83.88 and 84.98.
MDCO has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 84.91. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 84.89, a Stop Loss order could be placed below this zone.
More info and screens
53.69
85.81
When analyzing the support we can see 3 important areas.
- A support zone ranging from 83.90 to 84.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @60.88 from a trend line in the daily time frame.
- Support @54.23 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 84.91 to 84.96. 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
CRS99.5
Mansfield8.63
10 Day High84.98
10 Day Low84.66
20 Day High84.98
20 Day Low83.88
52 Week High84.98
52 Week Low18.83
Performance
1 Week0.22%
2 Weeks0.89%
1 Month0.99%
3 Month65.98%
6 Month129.65%
12 Month356.21%
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)-0.95
RSI(14)80.68
LBB84.12
UBB85.16
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 |
|---|---|---|---|
| 84.97 | 84.65 | 0.32 (0.38%) | 25.00% |
| An entry @84.97. This is a Buy Stop order right above the resistance zone. | An exit @84.65. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.32 points, which is 0.38%. | For a 0.09% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
84.9
-0.06 (-0.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.07%
1 Week0.22%
2 Weeks0.89%
1 Month0.99%
3 Month65.98%
6 Month129.65%
12 Month356.21%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.17
ATR(20)%0.24%
ATR Inc-60.91%
Range Today0.1
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
CRS99.5
Mansfield8.63
10 Day High84.98
10 Day Low84.66
20 Day High84.98
20 Day Low83.88
52 Week High84.98
52 Week Low18.83
CS1 End84.89
CR1 Start84.91
Volume & EV
DER(3)-5.82%
DER(5)0.18%
Volume15.59M
Volume Incr33.38%
Vol(5)4.67M
Vol(50)4.50M