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Technicals for MedPlus Health Services Limited
By MusingTheNews
2025-04-25 20:46
Overall Technical outlook
Price Summary
The stock of MEDPLUS declined -3.29% today, reflecting a lacklustre market performance. MedPlus Health Services Limited's stock opened at 820.05 on 2025-04-25, surged to 828.95, hit a low of 787.3, and closed up -3.29% at 793.1, with 147977 shares traded. The stock's highest price over the 52-week span is 865.35, while the lowest price is 634.55. Analysts predict that the future price will fluctuate between 900.0 and 1160.0, with the mean expected price being approximately 964.5.
Technicals
Support and Resistance: The current price of 793.1 for MEDPLUS finds support at 775.3 and resistance at 830.85. These levels define a range in which the price might oscillate, with 775.3 as a potential support and 830.85 as a resistance level. Support/Resistance for MEDPLUS
Aroon: The Aroon indicator shows a continued bullish trend, with Aroon Up staying at the 100 level. This sustained strength suggests a strong upward momentum. However, further analysis is required, especially when combined with other indicators, to confirm the trend's durability and potential future direction. Aroon chart for MedPlus Health Services Limited
Bol. Bands: The current state of the BOLL BANDS is neutral, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty. Bolinger Bands chart for MedPlus Health Services Limited
Parabolic SAR: The PSAR for MEDPLUS continues to signal a bullish outlook, establishing a crucial support level that may help sustain the current upward momentum. This level of support suggests that the market is likely to continue trending higher, providing a foundation for ongoing bullish movement. Parabolic Stop and Reverse chart for MedPlus Health Services Limited
Stochastic: The stochastic indicator for MedPlus Health Services Limited shows the K-line below the D-line but still above 80, hinting at the possible onset of a bearish price move. This could indicate that the market's recent strength is waning, with a potential downturn on the horizon. Traders should keep an eye on this development for further signs of weakness. Stochastic chart for MedPlus Health Services Limited
Tripple Moving Agerage: The current reading of the Tripple MOVING AVG is neutral, offering no clear signals for a movement in either direction. This suggests that the market may be in a holding pattern, with no dominant trend in place. Tripple SMA chart for MedPlus Health Services Limited
To accurately interpret a company's technical data, it is important to first examine its fundamentals. These include financial performance, management quality, and growth prospects. In addition, understanding the dynamics of the industry in which the company operates—such as competition, market trends, and regulatory factors—provides further insights. This combined analysis helps create a fuller picture, allowing for more precise conclusions to be drawn from the company's technical performance and stock behavior.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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