MEDICURE INC (MPH.CA) Stock Technical Analysis
TSX-V:MPH - TSX Venture Exchange - CA58469E4085 - Common Stock - Currency: CAD
Overall MPH gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, MPH is only an average performer.
Warning: MPH has an average volume of 3818 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
MPH is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so MPH is lagging the market slightly.
MPH is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
When compared to the yearly performance of all other stocks, MPH outperforms 65% of them, which is more or less in line with the market.
MPH is an average performer in the Biotechnology industry, it outperforms 60% of 24 stocks in the same industry.
MPH has an excellent technical rating, but the quality of the setup is 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.
More info and screens
1.19
1.29
When analyzing the support we notice one important area.
- A support zone ranging from 1.20 to 1.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 1.26 to 1.28. 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 | UP | POSITIVE | The long term trend for MPH.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MPH.CA is up. |
| ChartMill Relative Strength | 65.1 | NEUTRAL | MPH.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MPH.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MPH.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of MPH.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 61.37 | NEUTRAL | The RSI value for MPH.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests MPH.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 86.53 | OVERBOUGHT | The high Stochastics value suggests MPH.CA may be overbought. |
| Average True Range in percent/ATR (20) | 5.45 | HIGH VOLATILITY | The high ATR as a percentage value for MPH.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 24.25 | NEUTRAL | The ADX value for MPH.CA suggests a possible start of a new 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-V:MPH (7/11/2025, 7:00:00 PM)
1.21
-0.02 (-1.63%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-1.63%
1 Week-4.72%
2 Weeks3.42%
1 Month45.78%
3 Month39.08%
6 Month21%
12 Month-6.92%
2 Year-17.12%
3 Year0.83%
5 Year14.15%
10 Year-59.67%
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%5.45%
ATR Inc-67.82%
Range Today0
ADR(20)0.02
ADR(20)%1.49%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS65.1
Mansfield0.34
10 Day High1.27
10 Day Low1.06
20 Day High1.27
20 Day Low0.83
52 Week High1.45
52 Week Low0.63
CS1 End1.2
CR1 Start1.26
Volume & EV
DER(3)0%
DER(5)0%
Volume100
Volume Incr-61.1%
Vol(5)1.43K
Vol(50)3.82K