From a technical perspective, MediaAlpha, Inc. (MAX Quick QuoteMAX - Free Report) is looking like an interesting pick, as it just reached a key level of support. MAX recently overtook the 50-day moving average, and this suggests a short-term bullish trend.

The 50-day simple moving average, which is one of three major moving averages, is widely used by traders and analysts to establish support and resistance levels for a range of securities. Because it's the first sign of an up or down trend, the 50-day is considered to be more important.

Shares of MAX have been moving higher over the past four weeks, up 10.5%. Plus, the company is currently a Zacks Rank #3 (Hold) stock, suggesting that MAX could be poised for a continued surge.

The bullish case only gets stronger once investors take into account MAX's positive earnings estimate revisions. There have been 1 higher compared to none lower for the current fiscal year, and the consensus estimate has moved up as well.

With a winning combination of earnings estimate revisions and hitting a key technical level, investors should keep their eye on MAX for more gains in the near future.