NASDAQ:MDIV - Nasdaq - US33738R1005 - ETF - Currency: USD
Overall MDIV gets a technical rating of 1 out of 10. MDIV has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
MDIV has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 15.99. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 15.39, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for MDIV in the last couple of days, which is a good sign.
15.10
When analyzing the support we notice one important area.
When analyzing the resistance we notice one important area.
15.84
+0.12 (+0.76%)