Technical Analysis for MDP - Meredith Corporation

Grade Last Price % Change Price Change
grade A 55.46 1.32% 0.72
MDP closed up 1.32 percent on Friday, January 18, 2019, on 82 percent of normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation.

Earnings due: Jan 30

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Up Up Up
See historical MDP trend table...

Date Alert Name Type % Chg
Jan 18 Shooting Star Candlestick Bearish 0.00%
Jan 18 Crossed Above 50 DMA Bullish 0.00%
Jan 18 Expansion Pivot Buy Setup Bullish Swing Setup 0.00%
Jan 17 50 DMA Resistance Bearish 1.32%
Jan 17 Pocket Pivot Bullish Swing Setup 1.32%
Jan 17 NR7 Range Contraction 1.32%
Jan 17 Overbought Stochastic Strength 1.32%
Jan 16 50 DMA Resistance Bearish 1.61%
Jan 16 Overbought Stochastic Strength 1.61%
Jan 15 Fell Below 50 DMA Bearish 1.33%

Older signals for MDP ...

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Profile
Meredith Corporation, a media and marketing company, is engaged in magazine publishing and related brand licensing, television broadcasting, digital and customer relationship marketing, digital and mobile media, and video creation operations in the United States. It operates in two segments, National Media and Local Media. The National Media segment publishes magazines for woman with focus on home and family market. This segment publishes approximately 20 subscription magazines that include Better Homes and Gardens, Family Circle, Ladies' Home Journal, Parents, FamilyFun, American Baby, EveryDay with Rachael Ray, and Fitness, as well as approximately 120 special interest publications under approximately 75 titles. Its portfolio also includes Parenting and Babytalk magazines; and approximately 30 mobile-optimized Websites and 30 applications. In addition, this segment provides specialized marketing products and services to America's companies; and a consumer database, as well as involved in brand licensing and other related operations. The Local Media segment consists of 12 network-affiliated television stations comprising 6 CBS affiliates, 3 FOX affiliates, 2 MyNetworkTV affiliates, and 1 NBC affiliate; and a video creation unit. This segment also includes 20 Web sites and mobile Websites, as well as 36 applications focusing on news, sports, and weather-related information. The company was founded in 1902 and is headquartered in Des Moines, Iowa.
Is MDP a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 3 bullish, 0 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 68.7062
52 Week Low 47.3
Average Volume 387,100
200-Day Moving Average 52.6866
50-Day Moving Average 54.8114
20-Day Moving Average 52.8665
10-Day Moving Average 55.136
Average True Range 1.7256
ADX 20.84
+DI 28.3169
-DI 15.7249
Chandelier Exit (Long, 3 ATRs ) 52.0132
Chandelier Exit (Short, 3 ATRs ) 52.6368
Upper Bollinger Band 58.1235
Lower Bollinger Band 47.6095
Percent B (%b) 0.75
BandWidth 19.887831
MACD Line 0.4946
MACD Signal Line 0.1474
MACD Histogram 0.3472
Fundamentals Value
Market Cap 2.47 Billion
Num Shares 44.5 Million
EPS 4.16
Price-to-Earnings (P/E) Ratio 13.33
Price-to-Sales 1.39
Price-to-Book 2.39
PEG Ratio 3.18
Dividend 2.08
Dividend Yield 3.75%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 58.97
Resistance 3 (R3) 59.16 58.17 58.39
Resistance 2 (R2) 58.17 57.28 58.08 58.19
Resistance 1 (R1) 56.82 56.73 57.50 56.63 57.99
Pivot Point 55.83 55.83 56.17 55.74 55.83
Support 1 (S1) 54.48 54.94 55.16 54.29 52.93
Support 2 (S2) 53.49 54.39 53.40 52.73
Support 3 (S3) 52.14 53.49 52.54
Support 4 (S4) 51.95