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Mediclinic International (MDC)

260.20p

15:34 01/04/20

  • -2.00% -5.40p
  • Today's Low & High
  • 253.00 / 271.80
  • Open / Previous Close
  • 271.80 / 269.40
  • 52-week range
  • -16.00% -50.30p
  • Volume
  • 812,278
  • Market Cap(million)
  • £1,918.31m

260.60p REAL TIME BATS

  • 16:53 01/04/20
  • -1.92%
  • -5.10p

Technical Analysis

Support and resistance levels

S1

2.69
-2.00%

R1

3.54
29.00%

S2

2.66
-3.00%

R2

3.67
33.00%

Technical comment

Short term
Medium term
Long term

Pivot Points

  • Levels of negotiation support
  • 2.52
  • 2.27
  • Levels of negotiation support resistance
  • 3.01
  • 3.25

Technical situation

Bearish bias after the loss of support at 2.66/ Very short-term stabilization above 2.69.

Recommendation

Short term comment

Losses from the last relative highs set at 3.67 makes the long-term bullish scenario to be recently discarded. Very short-term falls restrainment gives a positive signal that will remain as long as it doesn't lose support at 2.69.

Long term comment

--

Indicator Previous Current Signal Comment
RSI 7 47.34 35.74 The RSI 7 doesn't show any sign of overbuy/oversell.
RSI 14 41.04 35.09 The RSI 14 doesn't show any sign of overbuy/oversell.
RSI 21 39.50 35.14 The RSI 21 doesn't show any sign of overbuy/oversell.
RSI 50 41.38 38.80 The RSI 50 doesn't show any sign of overbuy/oversell.
RSI 200 46.22 45.39 The RSI 200 doesn't show any sign of overbuy/oversell.
Fast Stochastic n/a n/a Intermediate zone for the indicator, no exhaustion signal.
Slow Stochastic n/a n/a Intermediate zone for the indicator, no exhaustion signal.
Simple Moving Average 7 2.87 2.88
Simple Moving Average 21 3.16 3.13 Bearish mid-term trend.
Simple Moving Average 50 3.56 3.54 Bearish mid-term trend.
Simple Moving Average 200 3.56 3.56
Exponential Moving Average 7 2.95 2.90 Very short-term trend is bearish.
Exponential Moving Average 21 3.14 3.11 Bearish mid-term trend.
Exponential Moving Average 50 3.14 3.11
Exponential Moving Average 200 3.14 3.11
MACD Line -0.21 -0.21 Price following bearish trend.
MACD Signal -0.23 -0.22 Price following bearish trend.
Bollinger 95 n/a n/a
Bollinger 99 n/a n/a
Double Exponential Moving Average 7 2.92 2.91 Very short-term trend is bearish.
Double Exponential Moving Average 21 3.49 3.45 Bearish mid-term trend.
Double Exponential Moving Average 50 3.49 3.45 Bearish mid-term trend.
Double Exponential Moving Average 200 3.49 3.45
Divergences n/a n/a NO
On Balance Vol. -296,429.99 -295,734.27 OBV is bearish.
Momentum 7 0.29 -0.02 Neutral speed of the very short term move.
Momentum 7 -0.40 -0.62 Extremely high short-term falling speed.
% K Williams 27.94 61.76 Neutral, doesn't favour a price turn.
Priority Date Notification
30/03/2020 Moderate strength signals from fast stochastic anticipate likely short-term rebounds.
27/03/2020 Moderate strength signals from fast stochastic anticipate likely short-term rebounds.
26/03/2020 By being close (below) the short-term Moving Average, it could move on to lower levels, though if it should break above the MA the signal would revert to bullish
26/03/2020 Moderate strength signals from fast stochastic anticipate likely short-term rebounds.
25/03/2020 Moderate strength signals from fast stochastic anticipate likely short-term rebounds.
24/03/2020 Moderate strength signals from fast stochastic anticipate likely short-term rebounds.
23/03/2020 RSI7 points some overselling, which if increasing, is likely to reflect renewed short term bullish pressure.
23/03/2020 RSI14 points some overselling, which if increasing, is likely to reflect renewed short and mid term bullish pressure.
23/03/2020 Moderate strength signals from fast stochastic anticipate likely short-term rebounds.
20/03/2020 Moderate strength signals from fast stochastic anticipate likely short-term rebounds.
19/03/2020 Bullish signal from fast stochastic. Previous close points the chance of rebounds after a recent negative move.