MEDICURE INC (MPH.CA) Technical Analysis
TSX-V:MPH • CA58469E4085
Overall MPH gets a technical rating of 0 out of 10. MPH's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- 91% of all other stocks performed better in the past year than MPH.
- MPH is part of the Biotechnology industry. There are 23 other stocks in this industry, of which 63% are performing better than MPH.
- In the last month MPH has a been trading in the 0.95 - 1.32 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.
- Warning: MPH has an average volume of 4722 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- MPH is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MPH is lagging the market slightly.
The technical rating of MPH is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.93
When analyzing the support we notice one important area.
- A support zone ranging from 0.94 to 0.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @1.26 from a trend line in the daily time frame.
- Resistance @1.30 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 | NEUTRAL | NEUTRAL | The long term trend for MPH.CA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MPH.CA is down. |
| ChartMill Relative Strength | 9.31 | NEGATIVE | MPH.CA has a low relative strength, it was outperformed by 90.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MPH.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MPH.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MPH.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.82 | NEUTRAL | The RSI value for MPH.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests MPH.CA has a negative trend. |
| Stochastics (14,3) | 19.19 | OVERSOLD | The low Stochastics value suggests MPH.CA may be oversold. |
| Average True Range in percent/ATR (20) | 7.5 | HIGH VOLATILITY | The high ATR as a percentage value for MPH.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 13.4 | NEGATIVE | The low ADX value for MPH.CA suggests a weak or negative trend. |
MPH.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:MPH (3/11/2026, 7:00:00 PM)
0.95
-0.02 (-2.06%)
MEDICURE INC / MPH.CA FAQ
Can you provide the ChartMill technical rating for MEDICURE INC?
ChartMill assigns a technical rating of 0 / 10 to MPH.CA.
What is the trend direction for MPH stock?
The current trend direction for MEDICURE INC (MPH.CA) is Bearish.
What is the RSI signal for MPH stock?
MEDICURE INC (MPH.CA) has an RSI value of 39.8164. 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 -0.0167177, indicating a bearish trend.
Can you provide the support and resistance levels for MEDICURE INC?
MEDICURE INC (MPH.CA) has a support level at 0.94 and a resistance level at 1.26. Check the full technical report for our detailed analysis of MPH.CA support and resistance levels.