MEDEXUS PHARMACEUTICALS INC (MDP.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:MDP - CA58410Q2036 - Common Stock
Taking everything into account, MDP scores 4 out of 10 in our technical rating. In the past year, MDP was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- 91% of all other stocks performed better in the past year than MDP.
- MDP is one of the lesser performing stocks in the Pharmaceuticals industry. 71% of 33 stocks in the same industry do better.
- MDP 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.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- In the last month MDP has a been trading in the 2.58 - 3.09 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, MDP does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 3.07. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 2.68, a Stop Loss order could be placed below this zone.
More info and screens
2.48
When analyzing the support we can see 3 important areas.
- A support zone ranging from 2.60 to 2.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.55 from a horizontal line in the daily time frame.
- Support @2.50 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 3.07 to 3.11. 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 | 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 | 9.66 | NEGATIVE | MDP.CA has a low relative strength, it was outperformed by 90.34% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of MDP.CA is below 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) | 48.84 | NEUTRAL | The RSI value for MDP.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests MDP.CA has a negative trend. |
| Stochastics (14,3) | 25.74 | NEUTRAL | The Stochastics value for MDP.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.63 | MEDIUM VOLATILITY | The ATR as a percentage value for MDP.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 22.38 | NEUTRAL | The ADX value for MDP.CA suggests a possible start of a new trend. |
TSX:MDP (1/16/2026, 7:00:00 PM)
2.81
+0.06 (+2.18%)
MEDEXUS PHARMACEUTICALS INC / MDP.CA FAQ
What is the ChartMill technical rating of MEDEXUS PHARMACEUTICALS INC (MDP.CA) stock?
ChartMill assigns a technical rating of 4 / 10 to MDP.CA.
What is the current trend direction of MEDEXUS PHARMACEUTICALS INC (MDP.CA) stock?
The current trend direction for MEDEXUS PHARMACEUTICALS INC (MDP.CA) is Bearish.
Can you provide the RSI signal for MEDEXUS PHARMACEUTICALS INC?
MEDEXUS PHARMACEUTICALS INC (MDP.CA) has an RSI value of 48.8404. This indicates that the stock is currently neutral.
What is the short term momentum for MEDEXUS PHARMACEUTICALS INC (MDP.CA) stock?
The short term momentum for MEDEXUS PHARMACEUTICALS INC (MDP.CA) is neutral.