MEDEXUS PHARMACEUTICALS INC (MDP.CA) Stock Technical Analysis
TSX:MDP - CA58410Q2036 - Common Stock
3.11 CAD
0 (0%)
Taking everything into account, MDP scores 6 out of 10 in our technical rating. MDP has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month MDP has a been trading in the 2.47 - 3.19 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
When compared to the yearly performance of all other stocks, MDP outperforms 62% of them, which is more or less in line with the market.
MDP is part of the Pharmaceuticals industry. There are 34 other stocks in this industry, MDP did better than 66% of them.
MDP is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MDP is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
MDP has an average technical rating and the quality of the presented setup is also not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
2.10
3.26
We found 5 important support areas.
- A support zone ranging from 2.82 to 2.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 2.70 to 2.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.65 from a horizontal line in the daily time frame.
- Support @2.39 from a trend line in the weekly time frame.
- Support @2.12 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @3.23 from a horizontal line in the weekly 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 MDP.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MDP.CA is up. |
| ChartMill Relative Strength | 62.4 | NEUTRAL | MDP.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MDP.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MDP.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MDP.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.35 | NEUTRAL | The RSI value for MDP.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests MDP.CA has a positive trend. |
| Stochastics (14,3) | 83.62 | OVERBOUGHT | The high Stochastics value suggests MDP.CA may be overbought. |
| Average True Range in percent/ATR (20) | 5.45 | HIGH VOLATILITY | The high ATR as a percentage value for MDP.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 15.14 | NEGATIVE | The low ADX value for MDP.CA 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 3.24 | 2.81 | 0.43 (13.27%) | 7.53% |
| An entry @3.24. This is a Buy Stop order right above the resistance zone. | An exit @2.81. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.43 points, which is 13.27%. | When investing 7.53% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX:MDP (8/28/2025, 7:00:00 PM)
3.11
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg0%
1 Week9.12%
2 Weeks13.09%
1 Month11.47%
3 Month0.97%
6 Month9.51%
12 Month26.94%
2 Year8.74%
3 Year24.9%
5 Year-21.27%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.18
ATR(20)%5.45%
ATR Inc63.96%
Range Today0.14
ADR(20)0.16
ADR(20)%5.11%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS62.4
Mansfield-0.15
10 Day High3.19
10 Day Low2.73
20 Day High3.19
20 Day Low2.47
52 Week High5.56
52 Week Low1.71
CS1 End2.92
CR1 Start3.23
Volume & EV
DER(3)1.02%
DER(5)1.37%
Volume58.15K
Volume Incr64.71%
Vol(5)76.46K
Vol(50)47.77K