MEDICURE INC (MPH.CA) Stock Technical Analysis
Canada • TSX Venture Exchange • TSX-V:MPH • CA58469E4085
Taking everything into account, MPH scores 6 out of 10 in our technical rating. Although MPH is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- In the last month MPH has a been trading in the 1.14 - 1.32 range, which is quite wide. It is currently trading near the lows of this range.
- Warning: MPH has an average volume of 5077 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- When comparing the performance of all stocks over the past year, MPH turns out to be only a medium performer in the overall market: it outperformed 45% of all stocks.
- MPH is an average performer in the Biotechnology industry, it outperforms 63% of 23 stocks in the same industry.
- MPH is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so MPH is lagging the market.
- Considerably lower volume is observed in the last couple of days.
Although the technical rating is only medium, MPH does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for MPH in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.99
When analyzing the support we can see 3 important areas.
- Support @1.10 from a trend line in the daily time frame.
- Support @1.04 from a horizontal line in the daily time frame.
- A support zone ranging from 1.00 to 1.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 1.17 to 1.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.24 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 1.31 to 1.33. 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 | NEUTRAL | NEUTRAL | The short term trend for MPH.CA is neutral. |
| ChartMill Relative Strength | 45.02 | NEUTRAL | MPH.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of MPH.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of MPH.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MPH.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.76 | NEUTRAL | The RSI value for MPH.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests MPH.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 37.04 | NEUTRAL | The Stochastics value for MPH.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.79 | HIGH VOLATILITY | The high ATR as a percentage value for MPH.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 11.87 | NEGATIVE | The low ADX value for MPH.CA suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 1.21 | 1.13 | 0.08 (6.61%) | 15.12% |
| An entry @1.21. This is a Buy Stop order right above the resistance zone. | An exit @1.13. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.08 points, which is 6.61%. | For a 1.00% total portfolio risk, you can invest 15.12% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of MPH. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX-V:MPH (1/29/2026, 7:00:00 PM)
1.16
-0.07 (-5.69%)
MEDICURE INC / MPH.CA FAQ
Can you provide the ChartMill technical rating for MEDICURE INC?
ChartMill assigns a technical rating of 6 / 10 to MPH.CA.
What is the trend direction for MPH stock?
The current trend direction for MEDICURE INC (MPH.CA) is Bullish.
What is the RSI signal for MPH stock?
MEDICURE INC (MPH.CA) has an RSI value of 47.7614. This indicates that the stock is currently neutral.
Can you provide the MACD signal for MEDICURE INC?
The MACD indicator for MEDICURE INC (MPH.CA) has a value of 0.00139422, indicating a bearish trend.
Can you provide the support and resistance levels for MEDICURE INC?
MEDICURE INC (MPH.CA) has a support level at 1.1 and a resistance level at 1.17. Check the full technical report for our detailed analysis of MPH.CA support and resistance levels.