MIMEDX GROUP INC (MDXG)

US6024961012 - Common Stock

9.055  -0.18 (-1.9%)

Technical Rating and Analysis

9

We assign a technical rating of 9 out of 10 to MDXG. Both in the recent history as in the last year, MDXG has proven to be a steady performer, scoring decent points in every aspect analyzed.

Both the short term and long term trends are positive. This is a very positive sign.
MDXG is one of the better performing stocks in the Biotechnology industry, it outperforms 80% of 565 stocks in the same industry.
MDXG is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month MDXG has a been trading in the 5.58 - 9.32 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
When comparing the yearly performance of all stocks, we notice that MDXG is one of the better performing stocks in the market, outperforming 88% of all stocks. However, this relatively good performance is mostly due to a recent big move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
MDXG Weekly chart
MDXG Daily chart
Setup Rating and Analysis

2

Although MDXG has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

5.45

9.33

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 5.73 to 5.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @5.51 from a horizontal line in the daily time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 9.22 to 9.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.73
Mansfield1.13
10 Day High9.32
10 Day Low6.45
20 Day High9.32
20 Day Low5.59
52 Week High9.32
52 Week Low5.47
Performance
1 Week24.06%
2 Weeks34.74%
1 Month58.32%
3 Month47.44%
6 Month18.33%
12 Month30.74%
2 Year184%
3 Year31.67%
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)0.21
RSI(14)86.51
LBB5.37
UBB8.89
MDXG Daily chart

MIMEDX GROUP INC

NASDAQ:MDXG (11/15/2024, 10:00:55 AM)

9.055

-0.18 (-1.9%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-1.9%
1 Week24.06%
2 Weeks34.74%
1 Month58.32%
3 Month47.44%
6 Month18.33%
12 Month30.74%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.47
ATR(20)%4.03%
ATR Inc
Range Today0.34
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High9.32
10 Day Low6.45
20 Day High9.32
20 Day Low5.59
52 Week High9.32
52 Week Low5.47
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume245.30K
Volume Incr166.56%
Vol(5)1.61M
Vol(50)654.80K