Technical Analysis for MGLN - Magellan Health Services, Inc.

Grade Last Price % Change Price Change
A 93.97 0.07% 0.07
MGLN closed up 0.07 percent on Thursday, April 22, 2021, on 49 percent of normal volume.
Earnings due: May 10
*** please verify all earnings dates ***

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Flat Flat
Historical MGLN trend table...

Date Alert Name Type % Chg
New 52 Week Closing High Bullish -1.06%
Volume Surge Other -1.06%
Calm After Storm Range Contraction -1.06%
Narrow Range Bar Range Contraction -1.06%
New 52 Week High Strength -1.06%
Upper Bollinger Band Walk Strength -1.06%
Above Upper BB Strength -1.06%
Overbought Stochastic Strength -1.06%
Volume Surge Other 0.43%
Calm After Storm Range Contraction 0.43%
Older End-of-Day Signals for MGLN ...

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Profile

Magellan Health Services, Inc. Description

Magellan Health Services, Inc. engages in the specialty managed healthcare business in the United States. The company, through its contracted network of third-party treatment providers, offers managed behavioral healthcare services, including outpatient programs, such as counseling or therapy; intermediate care programs comprising intensive outpatient programs and partial hospitalization services; and inpatient treatment and crisis intervention services. It also provides radiology benefits management services, such as the delivery of diagnostic imaging and other therapeutic services through contracts with health plans and insurance companies, and governmental agencies. In addition, the company offers specialty pharmaceutical management services, including contracting and formulary optimization programs; specialty pharmaceutical dispensing operations; and medical pharmacy management programs. Its specialty pharmaceutical management services are provided under contracts with health plans, insurance companies, employers, and governmental agencies to manage specialty drugs used in the treatment of conditions, such as cancer, multiple sclerosis, hemophilia, infertility, rheumatoid arthritis, chronic forms of hepatitis, and other diseases. Further, the company provides Medicaid administration services comprising network management, formulary and rebate management, point-of-sale claims processing systems and administration, clinical prior authorization, and drug utilization review under contracts with health plans and employers, as well as public sector clients sponsoring Medicaid and other state benefit programs. It serves health plans, insurance companies, employers, labor unions, and various governmental agencies. Magellan Health Services, Inc. was founded in 1969 and is based in Avon, Connecticut.


Classification

Sector: Healthcare
Industry: Health Care Plans
Keywords: Cancer Insurance Life Sciences Diseases Healthcare Service Healthcare Services Rheumatoid Arthritis Multiple Sclerosis Network Management Work Management Specialty Drugs Radiology Health Services Claims Processing Diagnostic Imaging Hepatitis Medicaid Fertility Hemophilia Infertility Oral Healthcare Us Government Behavioral Healthcare Intervention Services Formulary Rebate Management Specialty Drugs In The United States Behavioral Healthcare Services Therapeutic Services Treatment Of Conditions

Is MGLN a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 95.43
52 Week Low 53.28
Average Volume 190,940
200-Day Moving Average 83.26
50-Day Moving Average 93.56
20-Day Moving Average 93.86
10-Day Moving Average 94.03
Average True Range 0.54
ADX 13.36
+DI 15.53
-DI 15.26
Chandelier Exit (Long, 3 ATRs ) 92.83
Chandelier Exit (Short, 3 ATRs ) 94.45
Upper Bollinger Band 94.39
Lower Bollinger Band 93.32
Percent B (%b) 0.61
BandWidth 1.15
MACD Line 0.16
MACD Signal Line 0.19
MACD Histogram -0.0297
Fundamentals Value
Market Cap 2.41 Billion
Num Shares 25.6 Million
EPS 5.32
Price-to-Earnings (P/E) Ratio 17.66
Price-to-Sales 0.28
Price-to-Book 1.26
PEG Ratio 0.93
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 94.37
Resistance 3 (R3) 94.40 94.29 94.30
Resistance 2 (R2) 94.29 94.19 94.28 94.28
Resistance 1 (R1) 94.13 94.13 94.08 94.10 94.26
Pivot Point 94.03 94.03 94.00 94.01 94.03
Support 1 (S1) 93.87 93.92 93.81 93.84 93.68
Support 2 (S2) 93.76 93.86 93.75 93.66
Support 3 (S3) 93.60 93.76 93.64
Support 4 (S4) 93.57