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MEDPACE HOLDINGS INC (MEDP) Stock Technical Analysis

NASDAQ:MEDP - Nasdaq - US58506Q1094 - Common Stock - Currency: USD

350.04  +7.02 (+2.05%)

After market: 350.04 0 (0%)

Technical Rating and Analysis

6

Taking everything into account, MEDP scores 6 out of 10 in our technical rating. MEDP has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.

The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
MEDP is part of the Life Sciences Tools & Services industry. There are 57 other stocks in this industry. MEDP outperforms 73% of them.
In the last month MEDP has a been trading in the 327.00 - 359.63 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that MEDP is one of the better performing stocks in the market, outperforming 73% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
MEDP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MEDP is lagging the market.
Weekly and Daily overview Charts
MEDPACE HOLDINGS INC / MEDP Weekly stock chart
MEDPACE HOLDINGS INC / MEDP Daily stock chart
Setup Rating and Analysis

8

Although the technical rating is only medium, MEDP does present a nice setup opportunity. 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 350.88. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 347.96, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

305.83

372.87

We found 3 important support areas.

  • A support zone ranging from 337.44 to 347.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 327.53 to 331.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 308.92 to 310.62. This zone is formed by a combination of multiple trend lines in multiple time frames.

2 important resistance areas can be observed.

  • A resistance zone ranging from 350.88 to 356.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @369.18 from a horizontal line in the daily time frame.
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
CRS73.29
Mansfield-1.46
10 Day High354.52
10 Day Low332
20 Day High359.63
20 Day Low327
52 Week High459.77
52 Week Low291.15
Performance
1 Week0.62%
2 Weeks4.42%
1 Month5.01%
3 Month9.54%
6 Month-7.15%
12 Month18.4%
2 Year58.34%
3 Year97.25%
5 Year309.16%
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)0.53
RSI(14)55.21
LBB331.37
UBB356.79
Example Setup

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.

ENTRYEXITDISTANCECAPITAL
356.41337.4318.98 (5.33%)18.78%
An entry @356.41. This is a Buy Stop order right above the resistance zone.An exit @337.43. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 18.98 points, which is 5.33%.When investing 18.78% of your capital in this trade, your total portfolio risk will be 1.00%.

  • 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.
MEDPACE HOLDINGS INC / MEDP Daily stock chart

MEDPACE HOLDINGS INC

NASDAQ:MEDP (1/30/2025, 5:20:00 PM)

After market: 350.04 0 (0%)

350.04

+7.02 (+2.05%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryLife Sciences Tools & Services
Performance
% Chg2.05%
1 Week0.62%
2 Weeks4.42%
1 Month5.01%
3 Month9.54%
6 Month-7.15%
12 Month18.4%
2 Year58.34%
3 Year97.25%
5 Year309.16%
10 YearN/A
15 YearN/A
Volatility
ATR(14)10.07
ATR(20)%2.82%
ATR Inc-5.57%
Range Today8.71
ADR(20)9.09
ADR(20)%2.6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.29
Mansfield-1.46
10 Day High354.52
10 Day Low332
20 Day High359.63
20 Day Low327
52 Week High459.77
52 Week Low291.15
CS1 End347.96
CR1 Start350.88
Volume & EV
DER(3)1.48%
DER(5)0.85%
Volume160.59K
Volume Incr-6.08%
Vol(5)184.75K
Vol(50)267.35K