TRXADE HEALTH INC (MEDS) Stock Technical Analysis
NASDAQ:MEDS - Nasdaq - US89846A4058 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to MEDS. MEDS'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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
76% of all other stocks performed better in the past year than MEDS.
MEDS is currently trading near the lower end of its 52 week range, which is not a good sign. MEDS is lagging the S&P500 Index which is trading in the middle of its 52 week range.
MEDS is an average performer in the Health Care Technology industry, it outperforms 58% of 37 stocks in the same industry.
In the last month MEDS has a been trading in the 6.43 - 8.31 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, MEDS does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
4.06
10.06
5 important support areas can be observed.
- Support @6.59 from a trend line in the daily time frame.
- Support @6.36 from a horizontal line in the daily time frame.
- Support @4.32 from a trend line in the weekly time frame.
- Support @4.18 from a horizontal line in the weekly time frame.
- Support @4.10 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @9.96 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.62
Mansfield-1.92
10 Day High7.7
10 Day Low6.44
20 Day High8.31
20 Day Low6.43
52 Week High44.56
52 Week Low3.69
Performance
1 Week3.55%
2 Weeks18.04%
1 Month-8.22%
3 Month-16.59%
6 Month-68.47%
12 Month12.78%
2 Year-55.22%
3 Year-89.72%
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)0.18
RSI(14)49.11
LBB6.31
UBB7.79
7.59
+0.35 (+4.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Technology
Performance
% Chg4.83%
1 Week3.55%
2 Weeks18.04%
1 Month-8.22%
3 Month-16.59%
6 Month-68.47%
12 Month12.78%
2 Year-55.22%
3 Year-89.72%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.61
ATR(20)%7.68%
ATR Inc-7.95%
Range Today0.64
ADR(20)0.55
ADR(20)%7.3%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS24.62
Mansfield-1.92
10 Day High7.7
10 Day Low6.44
20 Day High8.31
20 Day Low6.43
52 Week High44.56
52 Week Low3.69
CS1 End6.59
CR1 Start9.96
Volume & EV
DER(3)2.12%
DER(5)-2.21%
Volume18.90K
Volume Incr-48.28%
Vol(5)17.00K
Vol(50)70.94K