Overall MEDS gets a technical rating of 0 out of 10. MEDS 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, MEDS 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.
More info and screens
4.06
We found 5 important support areas.
- Support @6.59 from a trend line in the daily time frame.
- Support @6.36 from a horizontal line in the daily time frame.
- Support @4.32 from a trend line in the weekly time frame.
- Support @4.18 from a horizontal line in the weekly time frame.
- Support @4.10 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- Resistance @9.96 from a trend 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 | DOWN | NEGATIVE | The long term trend for MEDS is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MEDS is down. |
| ChartMill Relative Strength | 24.62 | NEGATIVE | MEDS has a low relative strength, it was outperformed by 75.38% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of MEDS is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MEDS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of MEDS is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.11 | NEUTRAL | The RSI value for MEDS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests MEDS has a positive trend. |
| Stochastics (14,3) | 51.8 | NEUTRAL | The Stochastics value for MEDS is a neutral value. |
| Average True Range in percent/ATR (20) | 7.68 | HIGH VOLATILITY | The high ATR as a percentage value for MEDS suggests high volalility. |
| Average Directional Index/ADX (14) | 8.73 | NEGATIVE | The low ADX value for MEDS suggests a weak or negative trend. |
7.59
+0.35 (+4.83%)
TRXADE HEALTH INC / MEDS FAQ
Can you provide the ChartMill technical rating for TRXADE HEALTH INC?
ChartMill assigns a technical rating of 0 / 10 to MEDS.
What is the trend direction for MEDS stock?
The current trend direction for TRXADE HEALTH INC (MEDS) is Bearish.
What is the RSI signal for TRXADE HEALTH INC (MEDS) stock?
TRXADE HEALTH INC (MEDS) has an RSI value of 49.1068. This indicates that the stock is currently neutral.
What is the buy/sell signal for TRXADE HEALTH INC (MEDS) stock?
The buy/sell signal for TRXADE HEALTH INC (MEDS) is sell as both the short term and long term trends are negative.
Can you provide the support and resistance levels for TRXADE HEALTH INC?
TRXADE HEALTH INC (MEDS) has a support level at 6.59 and a resistance level at 9.96. Check the full technical report for our detailed analysis of MEDS support and resistance levels.