MIMEDX GROUP INC (MDXG)
US6024961012 - Common Stock
Taking everything into account, MDXG scores 8 out of 10 in our technical rating. 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.
The long and short term trends are both positive. This is looking good!
MDXG is part of the Biotechnology industry. There are 565 other stocks in this industry. MDXG outperforms 83% of them.
MDXG is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so MDXG is performing more or less in line with the market.
MDXG is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Looking at the yearly performance, MDXG did better than 87% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
Besides having an excellent technical rating, MDXG also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 9.09, a Stop Loss order could be placed below this zone.
More info and screens
5.67
9.86
We found 3 important support areas.
- A support zone ranging from 9.07 to 9.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @6.02 from a trend line in the weekly time frame.
- Support @5.73 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 9.69 to 9.76. 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
CRS87.39
Mansfield1.2
10 Day High10.14
10 Day Low8.93
20 Day High10.14
20 Day Low8.93
52 Week High10.14
52 Week Low5.47
Performance
1 Week-0.66%
2 Weeks-5.99%
1 Month-1.3%
3 Month48.45%
6 Month32.46%
12 Month2.25%
2 Year227.34%
3 Year50.66%
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)-0.16
RSI(14)53.38
LBB9
UBB9.85
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 |
|---|---|---|---|
| 9.38 | 9.06 | 0.32 (3.40%) | 25.00% |
| An entry @9.38. This is a Buy Stop order right above the 10 day moving average. | An exit @9.06. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.32 points, which is 3.40%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.85%. |
- The distance between exit and entry is rather small compared to the average daily movement of MDXG. 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.
MIMEDX GROUP INC
NASDAQ:MDXG (12/23/2024, 12:19:02 PM)
9.185
+0.09 (+0.93%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.93%
1 Week-0.66%
2 Weeks-5.99%
1 Month-1.3%
3 Month48.45%
6 Month32.46%
12 Month2.25%
2 Year227.34%
3 Year50.66%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.33
ATR(20)%3.57%
ATR Inc-25.99%
Range Today0.25
ADR(20)0.32
ADR(20)%3.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.39
Mansfield1.2
10 Day High10.14
10 Day Low8.93
20 Day High10.14
20 Day Low8.93
52 Week High10.14
52 Week Low5.47
CS1 End9.09
CR1 Start9.69
Volume & EV
DER(3)-0.69%
DER(5)0.37%
Volume141.87K
Volume Incr3.97%
Vol(5)944.86K
Vol(50)860.14K