MEDIPHARM LABS CORP (LABS.CA) Stock Technical Analysis
TSX:LABS - CA58504D1006 - Common Stock
0.07 CAD
-0.01 (-12.5%)
We assign a technical rating of 2 out of 10 to LABS. LABS's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
67% of all other stocks performed better in the past year than LABS.
LABS is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
LABS is part of the Pharmaceuticals industry. There are 35 other stocks in this industry, LABS did better than 47% of them.
In the last month LABS has a been trading in the 0.07 - 0.09 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
LABS has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 0.07, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for LABS in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
0.06
0.09
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.07 to 0.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 0.06 to 0.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- 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.
- A resistance zone ranging from 0.08 to 0.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.09 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 | NEUTRAL | NEUTRAL | The long term trend for LABS.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for LABS.CA is neutral. |
| ChartMill Relative Strength | 33.16 | NEUTRAL | LABS.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of LABS.CA is below the rising 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) | 44.61 | NEUTRAL | The RSI value for LABS.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests LABS.CA has a negative trend. |
| Stochastics (14,3) | 25 | NEUTRAL | The Stochastics value for LABS.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 8.39 | HIGH VOLATILITY | The high ATR as a percentage value for LABS.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 65.71 | 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 (9/2/2025, 7:00:00 PM)
0.07
-0.01 (-12.5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-12.5%
1 Week-6.67%
2 Weeks-6.67%
1 Month7.69%
3 Month-12.5%
6 Month-6.67%
12 Month16.67%
2 Year-6.67%
3 Year0%
5 Year-92.05%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%8.39%
ATR Inc80.65%
Range Today0.01
ADR(20)0.01
ADR(20)%8.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS33.16
Mansfield-1.45
10 Day High0.08
10 Day Low0.07
20 Day High0.09
20 Day Low0.07
52 Week High0.12
52 Week Low0.06
CS1 End0.07
CR1 Start0.07
Volume & EV
DER(3)5.11%
DER(5)6.9%
Volume390.18K
Volume Incr-1.26%
Vol(5)321.48K
Vol(50)224.43K