MULTIPLAN CORP (MPLN)

US62548M1009 - Common Stock

6.02  -0.65 (-9.75%)

After market: 6.32 +0.3 (+4.98%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to MPLN. MPLN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
97% of all other stocks performed better in the past year than MPLN.
MPLN is part of the Health Care Technology industry. There are 37 other stocks in this industry, of which 80% are performing better than MPLN.
MPLN is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so MPLN is lagging the market.
In the last month MPLN has a been trading in the 5.96 - 8.07 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Weekly and Daily overview Charts
MPLN Weekly chart
MPLN Daily chart
Setup Rating and Analysis

4

MPLN has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

5.96

7.17

When analyzing the resistance we notice 2 important areas.

  • Resistance @6.71 from a trend line in the daily time frame.
  • A resistance zone ranging from 6.96 to 7.10. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS3.75
Mansfield-7.63
10 Day High7.89
10 Day Low5.96
20 Day High8.07
20 Day Low5.96
52 Week High69.2
52 Week Low4.8
Performance
1 Week-16.5%
2 Weeks-14.97%
1 Month-14.24%
3 Month-19.99%
6 Month-58.94%
12 Month-91.15%
2 Year-86.91%
3 Year-96.6%
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)-0.02
RSI(14)36.16
LBB6.29
UBB7.7
MPLN Daily chart

MULTIPLAN CORP

NYSE:MPLN (12/20/2024, 8:25:24 PM)

After market: 6.32 +0.3 (+4.98%)

6.02

-0.65 (-9.75%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Technology
Performance
% Chg-9.75%
1 Week-16.5%
2 Weeks-14.97%
1 Month-14.24%
3 Month-19.99%
6 Month-58.94%
12 Month-91.15%
2 Year-86.91%
3 Year-96.6%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.67
ATR(20)%11.13%
ATR Inc-17.06%
Range Today0.78
ADR(20)0.67
ADR(20)%11.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.75
Mansfield-7.63
10 Day High7.89
10 Day Low5.96
20 Day High8.07
20 Day Low5.96
52 Week High69.2
52 Week Low4.8
CS1 EndN/A
CR1 Start6.71
Volume & EV
DER(3)-14.21%
DER(5)-7.75%
Volume136.80K
Volume Incr27.32%
Vol(5)98.68K
Vol(50)67.87K