MEDEXUS PHARMACEUTICALS INC (MDP.CA) Stock Technical Analysis
TSX:MDP - Toronto Stock Exchange - CA58410Q2036 - Common Stock - Currency: CAD
Overall MDP gets a technical rating of 2 out of 10. MDP has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
In the last month MDP has a been trading in the 2.78 - 3.61 range, which is quite wide. It is currently trading near the lows of this range.
MDP is one of the better performing stocks in the Pharmaceuticals industry, it outperforms 79% of 35 stocks in the same industry.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
Looking at the yearly performance, MDP did better than 71% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
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.
The technical rating of MDP is bad and it also does not present a quality setup 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
2.07
3.26
4 important support areas can be observed.
- Support @2.87 from a horizontal line in the weekly time frame.
- Support @2.79 from a horizontal line in the daily time frame.
- Support @2.31 from a trend line in the weekly time frame.
- A support zone ranging from 2.09 to 2.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 2.93 to 2.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.15 from a trend line in the daily time frame.
- 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 | DOWN | NEGATIVE | The short term trend for MDP.CA is down. |
| ChartMill Relative Strength | 71.33 | POSITIVE | MDP.CA has a high relative strength, it outperformed 71.33% 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) | UP | MIXED | The current price of MDP.CA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.31 | NEUTRAL | The RSI value for MDP.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests MDP.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 8.14 | OVERSOLD | The low Stochastics value suggests MDP.CA may be oversold. |
| Average True Range in percent/ATR (20) | 5.56 | HIGH VOLATILITY | The high ATR as a percentage value for MDP.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 36.78 | POSITIVE | The high ADX value value for MDP.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:MDP (7/17/2025, 7:00:00 PM)
2.88
+0.06 (+2.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg2.13%
1 Week-5.88%
2 Weeks-4.95%
1 Month-6.8%
3 Month12.94%
6 Month-33.02%
12 Month27.43%
2 Year37.8%
3 Year22.55%
5 Year-31.43%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%5.56%
ATR Inc-46.64%
Range Today0.09
ADR(20)0.16
ADR(20)%5.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.33
Mansfield-0.54
10 Day High3.14
10 Day Low2.78
20 Day High3.61
20 Day Low2.78
52 Week High5.56
52 Week Low1.71
CS1 End2.87
CR1 Start2.93
Volume & EV
DER(3)0%
DER(5)0%
Volume37.07K
Volume Incr-18.21%
Vol(5)36.88K
Vol(50)35.35K