Question 1

What does the Stochastic Oscillator suggest about MEDP's trend?

Accepted Answer

The Stochastic Oscillator has been in the overbought zone for 2 days. Expect a price pull-back in the near future.

Question 2

How did MEDP's Momentum indicator behave recently?

Accepted Answer

MEDP saw its Momentum Indicator move above the 0 level on August 16, 2024. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 96 similar instances where the indicator turned positive. In 77 of the 96 cases, the stock moved higher in the following days. The odds of a move higher are at 0%.

Question 3

What does MACD indicator imply for MEDP?

Accepted Answer

The Moving Average Convergence Divergence (MACD) for MEDP just turned positive on August 14, 2024. Looking at past instances where MEDP's MACD turned positive, the stock continued to rise in 42 of 50 cases over the following month. The odds of a continued upward trend are 0%.

Question 4

What is the significance of the 10-day moving average indicator for MEDP?

Accepted Answer

The 10-day moving average for MEDP crossed bearishly below the 50-day moving average on July 30, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In 12 of 17 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 0%.

Question 5

What does a 3-day price advance indicate for MEDP?

Accepted Answer

Following a +2.00% 3-day Advance, the price is estimated to grow further. Considering data from situations where MEDP advanced for three days, in 261 of 334 cases, the price rose further within the following month. The odds of a continued upward trend are 0%.

MEDP Stock Medpace Holdings (MEDP, $407.77) Moving Average Convergence Divergence (MACD) Histogram turned positive on June 5, 2024

Momentum Indicator for MEDP turns positive, indicating new upward trend

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