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Technicals for MedPlus Health Services Limited
By MusingTheNews
2025-06-13 20:46
Overall Technical outlook
Price Summary
On 2025-06-13, MedPlus Health Services Limited's stock began at 875.0, climbed to 886.25, dropped to 870.45, and had 0.64% to end at 880.6, with a volume of 101481 shares. The stock reached its highest price of 977.2 and its lowest price of 634.55 during the 52-week period. The future price of MEDPLUS is projected to range from 900.0 to 1160.0, with an average expected price of 960.0, according to 7 analysts.
Technicals
Support and Resistance: The price sits at 880.6, supported by 830.85 and resisted by 909.95. This indicates a trading range where 830.85 provides a floor, preventing declines, and 909.95 acts as a ceiling, limiting further price increases for MEDPLUS. Support/Resistance for MEDPLUS
Aroon: The AROON indicator reflects a strong bearish trend for MEDPLUS, with Aroon Down moving higher and the Aroon Oscillator staying low. This suggests that the downward trend is likely to continue, indicating sustained bearish momentum. The steady low reading of the Aroon Oscillator suggests that the price may face further declines. Aroon chart for MedPlus Health Services Limited
Bol. Bands: The BOLL BANDS is currently neutral, showing no clear bias toward a rising or falling trend. This lack of directional clarity suggests that the market may be in a holding pattern, awaiting further developments. Bolinger Bands chart for MedPlus Health Services Limited
Parabolic SAR: The PSAR continues its bearish trend, setting a resistance level that could prevent significant upward movement for MEDPLUS. This resistance suggests that the market may struggle to overcome bearish forces, keeping upward momentum in check. Parabolic Stop and Reverse chart for MedPlus Health Services Limited
Stochastic: The Stochastic K-line has moved below both the D-line and the 20 level, reflecting a mildly bearish signal for MEDPLUS. This suggests that the market might encounter some downward pressure, but the overall bearish tone is moderate. Traders should remain observant for any further indications of a downturn. Stochastic chart for MedPlus Health Services Limited
Tripple Moving Agerage: The 20, 50, and 100 moving averages are aligned in a bearish formation, signaling a downtrend. However, the wavering slopes of the 20 and 50 SMAs suggest that the bearish momentum is starting to weaken for MedPlus Health Services Limited. This could be an early sign of a potential bullish reversal, as the market's downward trend loses strength, possibly leading to a shift towards more positive price action. Tripple SMA chart for MedPlus Health Services Limited
To make the most of a company's technical analysis, it's important to start with an understanding of its fundamentals. These include profitability, cash flow, and competitive positioning. Additionally, the industry in which the company operates plays a critical role, as trends and external factors can influence its market performance. By considering both the company's internal fundamentals and the external industry environment, more meaningful and accurate conclusions can be drawn from the technical data.
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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