MULTIPLAN CORP (MPLN)

US62548M1009 - Common Stock

8.8  -0.36 (-3.93%)

After market: 8.4 -0.4 (-4.55%)

Technical Rating and Analysis

0

Taking everything into account, MPLN scores 0 out of 10 in our technical rating. MPLN's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, MPLN is a bad performer in the overall market: 97% of all stocks are doing better.
MPLN is one of the lesser performing stocks in the Health Care Technology industry. 77% of 37 stocks in the same industry do better.
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 8.22 - 12.40 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.
MPLN has an average volume of 1024660 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
MPLN Weekly chart
MPLN Daily chart
Setup Rating and Analysis

3

The technical rating of MPLN is bad and it also does not present a quality setup 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

8.70

9.90

We found 1 important support area.

  • A support zone ranging from 8.79 to 8.79. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 3 important resistance areas.

  • A resistance zone ranging from 9.17 to 9.19. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • A resistance zone ranging from 9.46 to 9.48. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 9.69 to 9.80. This zone is formed by a combination of multiple trend lines and important moving averages 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
CRS3.77
Mansfield-7.23
10 Day High11.1
10 Day Low8.22
20 Day High12.4
20 Day Low8.22
52 Week High69.2
52 Week Low6.35
Performance
1 Week-13.81%
2 Weeks-20.15%
1 Month-3.61%
3 Month-13.73%
6 Month-68.85%
12 Month-84.17%
2 Year-85.23%
3 Year-94.55%
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)-0.22
RSI(14)42.27
LBB8.2
UBB12.19
MPLN Daily chart

MULTIPLAN CORP

NYSE:MPLN (11/4/2024, 8:24:26 PM)

After market: 8.4 -0.4 (-4.55%)

8.8

-0.36 (-3.93%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Technology
Performance
% Chg-3.93%
1 Week-13.81%
2 Weeks-20.15%
1 Month-3.61%
3 Month-13.73%
6 Month-68.85%
12 Month-84.17%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.9
ATR(20)%11.15%
ATR Inc
Range Today0.82
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 High11.1
10 Day Low8.22
20 Day High12.4
20 Day Low8.22
52 Week High69.2
52 Week Low6.35
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume44.90K
Volume Incr-28.84%
Vol(5)40.08K
Vol(50)1.02M