MEDICURE INC (MPH.CA) Stock Technical Analysis
Canada - TSX-V:MPH - CA58469E4085 - Common Stock
1 CAD
-0.12 (-10.71%)
Overall MPH gets a technical rating of 2 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.
When comparing the yearly performance of all stocks, MPH is a bad performer in the overall market: 65% of all stocks are doing better.
In the last month MPH has a been trading in the 0.97 - 1.33 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.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Warning: MPH has an average volume of 4550 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
MPH is an average performer in the Biotechnology industry, it outperforms 47% of 24 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.
The technical rating of MPH is bad and it also does not present a quality setup 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
0.99
1.33
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 1.13 to 1.15. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @1.19 from a trend line in the weekly time frame.
- Resistance @1.32 from a trend line in the daily 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 | 35.81 | NEUTRAL | MPH.CA is not amongst the best or worst performers 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) | UP | MIXED | The current price of MPH.CA is below the rising 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) | 43.15 | 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) | 27.02 | NEUTRAL | The Stochastics value for MPH.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 8.85 | HIGH VOLATILITY | The high ATR as a percentage value for MPH.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 12.91 | NEGATIVE | The low ADX value for MPH.CA suggests a weak or negative 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 (9/12/2025, 7:00:00 PM)
1
-0.12 (-10.71%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-10.71%
1 Week-24.24%
2 Weeks-4.76%
1 Month-16.67%
3 Month20.48%
6 Month1.01%
12 Month-13.04%
2 Year-37.89%
3 Year0%
5 Year11.11%
10 Year-72.38%
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%8.85%
ATR Inc21.26%
Range Today0.13
ADR(20)0.04
ADR(20)%4.1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS35.81
Mansfield-1.37
10 Day High1.33
10 Day Low0.97
20 Day High1.33
20 Day Low0.97
52 Week High1.33
52 Week Low0.63
CS1 EndN/A
CR1 Start1.13
Volume & EV
DER(3)0%
DER(5)0%
Volume15.50K
Volume Incr27.2%
Vol(5)6.40K
Vol(50)4.55K