MEDIPHARM LABS CORP (LABS.CA) Stock Technical Analysis
TSX:LABS - Toronto Stock Exchange - CA58504D1006 - Common Stock - Currency: CAD
We assign a technical rating of 0 out of 10 to LABS. LABS scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, LABS is a bad performer in the overall market: 86% of all stocks are doing better.
LABS is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so LABS is lagging the market.
In the last month LABS has a been trading in the 0.07 - 0.07 range, which is quite wide. It is currently trading near the high of this range.
LABS is an average performer in the Pharmaceuticals industry, it outperforms 41% of 35 stocks in the same industry.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, LABS does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 0.07. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for LABS in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.06
0.08
We found 1 important support area.
- Support @0.06 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 0.07 to 0.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.08 from a trend line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for LABS.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for LABS.CA is down. |
| ChartMill Relative Strength | 14.22 | NEGATIVE | LABS.CA has a low relative strength, it was outperformed by 85.78% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of LABS.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of LABS.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of LABS.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.48 | NEUTRAL | The RSI value for LABS.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests LABS.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 66.67 | NEUTRAL | The Stochastics value for LABS.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.54 | HIGH VOLATILITY | The high ATR as a percentage value for LABS.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 28.21 | POSITIVE | The high ADX value value for LABS.CA suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
TSX:LABS (8/1/2025, 7:00:00 PM)
0.065
-0.01 (-7.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-7.14%
1 Week-7.14%
2 Weeks-7.14%
1 Month0%
3 Month-23.53%
6 Month0%
12 Month0%
2 Year-23.53%
3 Year-13.33%
5 Year-93.01%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%6.54%
ATR Inc7.69%
Range Today0.01
ADR(20)0
ADR(20)%6.54%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.22
Mansfield-1.78
10 Day High0.07
10 Day Low0.07
20 Day High0.07
20 Day Low0.07
52 Week High0.12
52 Week Low0.06
CS1 End0.06
CR1 Start0.07
Volume & EV
DER(3)58.61%
DER(5)45.7%
Volume15.58K
Volume Incr-42.74%
Vol(5)80.91K
Vol(50)183.77K