Canada - TSX:MDP - CA58410Q2036 - Common Stock
Overall MDP gets a technical rating of 2 out of 10. MDP scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, MDP does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 2.62, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for MDP in the last couple of days, which is a good sign.
2.10
We found 4 important support areas.
4 important resistance areas can be observed.
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 MDP.CA is neutral. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MDP.CA is neutral. |
ChartMill Relative Strength | 27.71 | NEGATIVE | MDP.CA has a low relative strength, it was outperformed by 72.29% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MDP.CA is below a declining SMA(20). |
Simple Moving Average/SMA (50) | UP | MIXED | The current price of MDP.CA is below the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MDP.CA is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 45.04 | NEUTRAL | The RSI value for MDP.CA is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests MDP.CA has a negative trend. |
Stochastics (14,3) | 55.88 | NEUTRAL | The Stochastics value for MDP.CA is a neutral value. |
Average True Range in percent/ATR (20) | 5.13 | HIGH VOLATILITY | The high ATR as a percentage value for MDP.CA suggests high volalility. |
Average Directional Index/ADX (14) | 16.05 | NEGATIVE | The low ADX value for MDP.CA suggests a weak or negative trend. |
TSX:MDP (10/22/2025, 7:00:00 PM)
2.73
-0.02 (-0.73%)