Spdr S&p Midcap 400 $MDY Technical Update

The Spdr S&p Midcap 400 (NYSE: MDY) update and the technical summary table below can help you manage risk and optimize returns. We have day, swing, and longer-term trading plans for MDY, and 1300 other stocks too, updated in real time for our trial subscribers. The data below is a snapshot, but updates are available now.

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Technical Summary

Term →Near Mid Long
Bias Neutral Neutral Neutral
P1 346.17 327.42 313.07
P2 347.68 344.02 346.00
P3 350.22 359.97 377.06

Long Term Trading Plans for MDY

June 16, 2019, 1:30 pm ET

The Technical Summary and Trading Plans for MDY help you determine where to buy, sell, and set risk controls. The data is best used in conjunction with our Market Analysis and Stock Correlation Filters too, because those help us go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis with this MDY Report.

MDY - (Long) Support Plan

The technical summary data tells us to buy MDY near 346.00 with an upside target of 377.06. This data also tells us to set a stop loss @ 345.74 to protect against excessive loss in case the stock begins to move against the trade. 346.00 is the first level of support below 346.88 , and by rule, any test of support is a buy signal. In this case, support 346.00 is being tested, a buy signal would exist.

MDY - (Short) Resistance Plan

The technical summary data is suggesting a short of MDY as it gets near 377.06 with a downside target of 346.00. We should have a stop loss in place at 377.32 though. 377.06 is the first level of resistance above 346.88, and by rule, any test of resistance is a short signal. In this case, if resistance 377.06 is being tested, a short signal would exist.

MDY Long Term Analysis

MDY Dividend Chart

MDY Growth rate - Yearly

MDY PE chart

MDY PEG chart