MEDICUS PHARMA LTD (MDCX) Stock Technical Analysis
NASDAQ:MDCX - CA58471K2020 - Common Stock
2.08 USD
+0.14 (+7.22%)
2.11 USD
+0.03 (+1.44%)
Overall MDCX gets a technical rating of 0 out of 10. MDCX 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, MDCX is a bad performer in the overall market: 100% of all stocks are doing better.
MDCX is one of the lesser performing stocks in the Biotechnology industry. 92% of 542 stocks in the same industry do better.
In the last month MDCX has a been trading in the 1.81 - 2.50 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
MDCX has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 1.93, a Stop Loss order could be placed below this zone.
More info and screens
1.90
2.27
We found 1 important support area.
- A support zone ranging from 1.92 to 1.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 2.09 to 2.10. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 2.23 to 2.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 MDCX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MDCX is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | MDCX has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MDCX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MDCX is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 43.83 | NEUTRAL | The RSI value for MDCX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests MDCX has a positive trend. |
| Stochastics (14,3) | 27.03 | NEUTRAL | The Stochastics value for MDCX is a neutral value. |
| Average True Range in percent/ATR (20) | 11.76 | HIGH VOLATILITY | The high ATR as a percentage value for MDCX suggests high volalility. |
| Average Directional Index/ADX (14) | 15.5 | NEGATIVE | The low ADX value for MDCX suggests a weak or negative 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)
2.08
+0.14 (+7.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg7.22%
1 Week-4.15%
2 Weeks4%
1 Month-12.6%
3 Month-24.64%
6 Month-31.8%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.23
ATR(20)%11.76%
ATR Inc-41.4%
Range Today0.18
ADR(20)0.24
ADR(20)%11.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High2.48
10 Day Low1.88
20 Day High2.5
20 Day Low1.81
52 Week HighN/A
52 Week LowN/A
CS1 End1.93
CR1 Start2.09
Volume & EV
DER(3)-12.95%
DER(5)-13.94%
Volume393.10K
Volume Incr-13.54%
Vol(5)341.44K
Vol(50)447.40K