Technical Analysis for LABS - Medipharm Labs Corp.

Grade Last Price % Change Price Change
D 0.065 -7.14% -0.005
LABS closed unchanged on Wednesday, November 20, 2024, on 23 percent of normal volume. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation.
0 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down

Date Alert Name Type % Chg
Fell Below 50 DMA Bearish -7.14%
Hammer Candlestick Bullish -7.14%
Lizard Bullish Bullish Day Trade Setup -7.14%
Calm After Storm Range Contraction -7.14%
Doji - Bullish? Reversal -7.14%
Lower Bollinger Band Touch Weakness -7.14%
Calm After Storm Range Contraction -7.14%
NR7 Range Contraction -7.14%
Narrow Range Bar Range Contraction -7.14%
50 DMA Support Bullish -7.14%

   Recent Intraday Alerts

Alert Time
2x Volume Pace about 3 hours ago
1.5x Volume Pace about 3 hours ago
Rose Above 50 DMA 1 day ago
Fell Below Previous Day's Low 1 day ago
50 DMA Resistance 1 day ago

Get a Trading Sidekick!

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

Medipharm Labs Corp. Description

MediPharm Labs, through its subsidiary, is a pioneer in the cannabis industry and has the distinction of being the first company in Canada to become a licensed producer for cannabis oil production under the Access to Cannabis for Medical Purposes Regulations (ACMPR) without first receiving a cannabis cultivation licence. This expert focus on cannabis concentrates from our cGMP (current Good Manufacturing Practices) and ISO standard clean rooms and critical environments laboratory, allows MediPharm Labs to work with its established, Health Canada-approved cultivation partners to produce pharmaceutical-grade cannabis oil with a competitive advantage. MediPharm Labs is research-driven and focused on downstream secondary extraction methodology, distillation, and cannabinoid isolation and purification. MediPharm Labs, through its subsidiary, provides B2B contract processing of cannabis to Canadian authorized licensed producers and appropriate international growers, supplying integrity-assured cannabis oil to qualified companies for sale under their own brand. In addition, MediPharm Labs will supply raw materials, formulations, processing and packaging for the creation of ready-to-sell advanced derivative products. Through its subsidiary, MediPharm Labs Australia Pty. Ltd., MediPharm Labs has also completed its application process with the federal Office of Drug Control to extract and import medical cannabis products in Australia.


Classification

Sector: Healthcare
Industry: Drug Manufacturers - Specialty & Generic
Keywords: Oil Health Manufacturing Materials Dow Derivative Medicine Pharma Cannabis Pharmaceutical Labor Drug Entheogens Euphoriants Extraction Packaging Cannabis Products Medicinal Plants Health Sciences Herbalism Business To Business Medical Cannabis Oil Production Cannabis In Canada Rooms Pharmaceuticals Policy Cannabis Industry Cannabis Oil Downstream Licensed Producer Raw Materials Cannabis Cultivation Derivative Products Grit Legality Of Cannabis Licensed Producers Access To Cannabis For Medical Purposes Regulations Medical Cannabis Products

Is LABS a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 0.1
52 Week Low 0.06
Average Volume 205,873
200-Day Moving Average 0.073
50-Day Moving Average 0.070
20-Day Moving Average 0.072
10-Day Moving Average 0.071
Average True Range 0.006
RSI (14) 50.00
ADX 22.19
+DI 9.122
-DI 20.670
Chandelier Exit (Long, 3 ATRs) 0.061
Chandelier Exit (Short, 3 ATRs) 0.084
Upper Bollinger Bands 0.078
Lower Bollinger Band 0.065
Percent B (%b) 0.38
BandWidth 17.902
MACD Line 0.000
MACD Signal Line 0.000
MACD Histogram -0.0003
Fundamentals Value
Market Cap 9.77 Million
Num Shares 140 Million
EPS 0.01
Price-to-Earnings (P/E) Ratio 7.00
Price-to-Sales 1.38
Price-to-Book 0.78
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.078
Resistance 3 (R3) 0.077 0.073 0.076
Resistance 2 (R2) 0.073 0.071 0.074 0.076
Resistance 1 (R1) 0.072 0.070 0.073 0.073 0.075
Pivot Point 0.068 0.068 0.069 0.069 0.068
Support 1 (S1) 0.067 0.066 0.068 0.068 0.065
Support 2 (S2) 0.063 0.065 0.064 0.064
Support 3 (S3) 0.062 0.063 0.064
Support 4 (S4) 0.063