TRXADE HEALTH INC (MEDS) Stock Technical Analysis
NASDAQ:MEDS - Nasdaq - US89846A4058 - Common Stock - Currency: USD
Overall MEDS gets a technical rating of 0 out of 10. MEDS scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, MEDS is a bad performer in the overall market: 76% of all stocks are doing better.
MEDS is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
MEDS is an average performer in the Health Care Technology industry, it outperforms 50% of 39 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.
MEDS has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
4.06
10.06
We found 5 important support areas.
- 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.
We found 1 important resistance 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
TRXADE HEALTH INC
NASDAQ:MEDS (9/20/2024, 8:07:08 PM)
After market: 7.591 +0 (+0.01%)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