TRXADE HEALTH INC (MEDS)

US89846A4058 - Common Stock

5.96  -0.34 (-5.4%)

Technical Rating and Analysis

3

Overall MEDS gets a technical rating of 3 out of 10. Although MEDS is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
MEDS is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so MEDS is lagging the market.
In the last month MEDS has a been trading in the 5.82 - 10.55 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
MEDS is one of the better performing stocks in the Health Care Technology industry, it outperforms 87% of 40 stocks in the same industry.
When comparing the yearly performance of all stocks, we notice that MEDS is one of the better performing stocks in the market, outperforming 85% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
MEDS Weekly chart
MEDS Daily chart
Setup Rating and Analysis

5

MEDS has a poor technical rating and the quality of the setup is also only medium 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.

Support and Resistance Analysis

4.06

6.02

When analyzing the support we can see 2 important areas.

  • Support @4.18 from a horizontal line in the weekly time frame.
  • Support @4.10 from a horizontal line in the weekly time frame.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS85.94
Mansfield-3.12
10 Day High7.68
10 Day Low5.82
20 Day High10.55
20 Day Low5.82
52 Week High44.56
52 Week Low3.69
Performance
1 Week-8.31%
2 Weeks-15.58%
1 Month-40.34%
3 Month39.25%
6 Month-0.33%
12 Month5.51%
2 Year-76.63%
3 Year-90.87%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.09
RSI(14)34.83
LBB5.72
UBB7.77
MEDS Daily chart

TRXADE HEALTH INC

NASDAQ:MEDS (4/30/2024, 7:11:09 PM)

5.96

-0.34 (-5.4%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Technology
Performance
% Chg-5.4%
1 Week-8.31%
2 Weeks-15.58%
1 Month-40.34%
3 Month39.25%
6 Month-0.33%
12 Month5.51%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.78
ATR(20)%12.9%
ATR Inc
Range Today0.54
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High7.68
10 Day Low5.82
20 Day High10.55
20 Day Low5.82
52 Week High44.56
52 Week Low3.69
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume7.40K
Volume Incr-65.97%
Vol(5)14.26K
Vol(50)532.32K