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Technicals for MedPlus Health Services Limited
By MusingTheNews
2026-02-03 20:47
Overall Technical outlook
Price Summary
On 2026-02-02, MedPlus Health Services Limited's stock started at 811.8, soared to 825.15, dropped to 804.25, and finished the day 1.11% higher at 820.8, with a trading volume of 128891 shares. Over the previous 52 weeks, the stock reached a high of 977.2 and a low of 700.0. The price projection is between 933.0 and 1220.0, with an average expected price around 1061.8572, according to 7 analysts.
Technicals
Support and Resistance: The current price sits at 820.8, supported at 804.05 and capped by resistance at 829.95. These levels define a range for MEDPLUS where the price might stabilize, with 804.05 as a floor and 829.95 as a ceiling. Support/Resistance for MEDPLUS
Aroon: The current state of the AROON is neutral, offering no clear signals of movement in either direction. This suggests a potential pause in market activity, with no strong trend emerging at the moment. Aroon chart for MedPlus Health Services Limited
Bol. Bands: The current state of the BOLL BANDS is neutral, providing no clear signals for either an upward or downward movement. This indicates that the market may be in a state of equilibrium, with no strong momentum in either direction. Bolinger Bands chart for MedPlus Health Services Limited
Parabolic SAR: The PSAR has recently moved from bearish to bullish for MedPlus Health Services Limited, potentially signaling a trend reversal. When combined with other indicators, this shift could suggest a strong bullish signal. Investors should consider this as a possible buying opportunity, especially if the trend is supported by broader market movements. Parabolic Stop and Reverse chart for MedPlus Health Services Limited
Stochastic: The STOCHASTIC is in a neutral stance for MEDPLUS, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand. Stochastic chart for MedPlus Health Services Limited
Tripple Moving Agerage: The current reading of the Tripple MOVING AVG is neutral for MEDPLUS, with no clear signals for an upward or downward trend. This indicates that the market may be in a state of uncertainty, with no dominant force driving the direction. Tripple SMA chart for MedPlus Health Services Limited
The technical analysis of a company's stock performance is valuable, but only when considered in conjunction with the company's fundamentals. These fundamentals, including financial strength, earnings growth, and leadership, provide a foundation for understanding market movements. Additionally, industry trends and competitive pressures play an important role. By integrating both fundamental and technical analysis, one can better evaluate the company's true potential and make more informed investment decisions.
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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