MEDICUS PHARMA LTD (MDCX.CA) Stock Technical Analysis
TSX-V:MDCX - TSX Venture Exchange - CA58471K2020 - Common Stock - Currency: CAD
Overall MDCX gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, MDCX is showing a nice and steady performance.
Warning: MDCX has an average volume of 1774 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!
Looking at the yearly performance, MDCX did better than 96% of all other stocks. We also observe that the gains produced by MDCX over the past year are nicely spread over this period.
MDCX is part of the Biotechnology industry. There are 25 other stocks in this industry. MDCX outperforms 95% of them.
MDCX 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 MDCX is lagging the market slightly.
In the last month MDCX has a been trading in the 3.84 - 5.91 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although MDCX has an excellent technical rating, it does not offer a high 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
2.94
5.78
2 important support areas can be observed.
- Support @3.63 from a trend line in the weekly time frame.
- Support @2.97 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 5.70 to 5.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.39
Mansfield8.39
10 Day High5.91
10 Day Low3.84
20 Day High5.91
20 Day Low3.84
52 Week High7
52 Week Low1.48
Performance
1 Week45.9%
2 Weeks47.79%
1 Month44.05%
3 Month63.04%
6 Month173.56%
12 Month164.65%
2 YearN/A
3 YearN/A
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)0.22
RSI(14)74.55
LBB2.89
UBB6.12
TSX-V:MDCX (2/21/2025, 7:00:00 PM)
5.69
-0.01 (-0.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-0.18%
1 Week45.9%
2 Weeks47.79%
1 Month44.05%
3 Month63.04%
6 Month173.56%
12 Month164.65%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.3
ATR(20)%4.09%
ATR Inc-63.16%
Range Today0.22
ADR(20)0.14
ADR(20)%2.54%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.39
Mansfield8.39
10 Day High5.91
10 Day Low3.84
20 Day High5.91
20 Day Low3.84
52 Week High7
52 Week Low1.48
CS1 End3.63
CR1 Start5.7
Volume & EV
DER(3)1.42%
DER(5)6.19%
Volume700
Volume Incr80.15%
Vol(5)2.00K
Vol(50)1.77K