Technical Analysis for MTBC - Medical Transcription Billing, Corp.

Grade Last Price % Change Price Change
grade C 4.43 -1.56% -0.07
MTBC closed down 1.56 percent on Thursday, January 17, 2019, on 30 percent of normal volume. It ran into resistance at its 50 day moving average. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

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

Date Alert Name Type % Chg
Jan 17 50 DMA Resistance Bearish 0.00%
Jan 17 Wide Bands Range Expansion 0.00%
Jan 17 Overbought Stochastic Strength 0.00%
Jan 16 MACD Bullish Centerline Cross Bullish -1.56%
Jan 16 Narrow Range Bar Range Contraction -1.56%
Jan 16 NR7 Range Contraction -1.56%
Jan 16 Wide Bands Range Expansion -1.56%
Jan 16 Overbought Stochastic Strength -1.56%
Jan 15 50 DMA Resistance Bearish -1.12%
Jan 15 Bearish Engulfing Bearish -1.12%

Older signals for MTBC ...

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Profile
Transcription Billing, Corp., a healthcare information technology company, provides an integrated suite of Web-based solutions and related business services primarily in the United States. It offers PracticePro, a Web-based software-as-a-service platform, which includes practice management software, and related tools and applications, which facilitate the day-to-day operation of a medical practice; electronic health record (EHR) solutions that facilitate customers to reduce paperwork and qualify for government incentives; and revenue cycle management services, such as end-to-end medical billing, analytics, and related services. The company also provides ChartsPro, a Web-based EHR solution; integrated clinical decision support tools, insurance eligibility verification, and patient engagement and education materials; automated prescription and lab connectivity services; and ancillary services comprising Web development and hosting, transcription, and coding and consulting services. It serves healthcare providers, including physicians, nurses, nurse practitioners, physician assistants, and other clinical staff that render bills for their services. The company was founded in 1999 and is headquartered in Somerset, New Jersey.
Is MTBC a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 1 bullish, 1 bearish and 3 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 5.65
52 Week Low 2.86
Average Volume 84,183
200-Day Moving Average 4.2936
50-Day Moving Average 4.5704
20-Day Moving Average 4.0525
10-Day Moving Average 4.384
Average True Range 0.247
ADX 22.71
+DI 24.1592
-DI 19.3354
Chandelier Exit (Long, 3 ATRs ) 3.959
Chandelier Exit (Short, 3 ATRs ) 3.991
Upper Bollinger Band 4.8086
Lower Bollinger Band 3.2964
Percent B (%b) 0.75
BandWidth 37.315238
MACD Line 0.013
MACD Signal Line -0.0775
MACD Histogram 0.0905
Fundamentals Value
Market Cap 50.73 Million
Num Shares 11.5 Million
EPS -1.07
Price-to-Earnings (P/E) Ratio -4.14
Price-to-Sales 1.12
Price-to-Book 2.98
PEG Ratio 0.00
Dividend 0.00
Dividend Yield 0.00%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 4.73
Resistance 3 (R3) 4.75 4.68 4.68
Resistance 2 (R2) 4.68 4.60 4.67 4.66
Resistance 1 (R1) 4.55 4.55 4.52 4.53 4.65
Pivot Point 4.48 4.48 4.46 4.47 4.48
Support 1 (S1) 4.35 4.40 4.32 4.33 4.21
Support 2 (S2) 4.28 4.35 4.27 4.20
Support 3 (S3) 4.15 4.28 4.18
Support 4 (S4) 4.13