Technical Analysis for MEDS - Trxade Group, Inc.

Grade Last Price % Change Price Change
D 4.38 -2.67% -0.12
MEDS closed down 2.67 percent on Monday, June 21, 2021, on 9 percent of normal volume. It was able to find support at its 50 day moving average. 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. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Up Down
Historical MEDS trend table...

Date Alert Name Type % Chg
20 DMA Support Bullish 0.00%
50 DMA Support Bullish 0.00%
Hammer Candlestick Bullish 0.00%
1,2,3 Pullback Bullish Bullish Swing Setup 0.00%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 0.00%
Wide Bands Range Expansion 0.00%
Down 3 Days in a Row Weakness 0.00%
Down 4 Days in a Row Weakness 0.00%
Down 5 Days in a Row Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Older End-of-Day Signals for MEDS ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
20 DMA Support about 10 hours ago
50 DMA Support about 10 hours ago
Fell Below 20 DMA about 10 hours ago
Down 5% about 11 hours ago
Fell Below Previous Day's Low about 11 hours ago
View Earlier Intraday Alerts

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Profile

Trxade Group, Inc. provides an on-line platform for pharmaceutical purchasers. It owns and operates a business-to-business web-based marketplace focuses on the United States pharmaceutical industry. It operates web-based market platform that enables trade among healthcare buyers and sellers of pharmaceuticals, accessories and services; provides state-licensed pharmacies and buying groups in the United States with pharmaceuticals approved by the United States Food and Drug Administration; and acts as technology consultant provider that supports their programming needs and provides research on pharmaceutical pricing and shortages in acute care and retail settings. The company was founded on July 15, 2005 and is headquartered in Land O' Lakes, FL.
Classification

Sector: Healthcare
Industry: Pharmaceutical Retailers
Keywords: Pharmaceutical Industry Pharmaceuticals Pharmacy United States Food And Drug Administration Pharmacy In China

Is MEDS 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 10.82
52 Week Low 3.1
Average Volume 4,200,219
200-Day Moving Average 5.36
50-Day Moving Average 4.12
20-Day Moving Average 4.25
10-Day Moving Average 4.83
Average True Range 0.71
ADX 42.28
+DI 47.85
-DI 14.84
Chandelier Exit (Long, 3 ATRs) 8.69
Chandelier Exit (Short, 3 ATRs) 5.44
Upper Bollinger Bands 5.84
Lower Bollinger Band 2.66
Percent B (%b) 0.54
BandWidth 74.93
MACD Line 0.21
MACD Signal Line 0.19
MACD Histogram 0.0231
Fundamentals Value
Market Cap 35.45 Million
Num Shares 8.09 Million
EPS -0.05
Price-to-Earnings (P/E) Ratio -90.31
Price-to-Sales 2.44
Price-to-Book 4.20
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 4.95
Resistance 3 (R3) 4.93 4.71 4.86
Resistance 2 (R2) 4.71 4.57 4.73 4.82
Resistance 1 (R1) 4.55 4.48 4.44 4.57 4.79
Pivot Point 4.33 4.33 4.28 4.35 4.33
Support 1 (S1) 4.17 4.19 4.06 4.19 3.97
Support 2 (S2) 3.95 4.10 3.97 3.94
Support 3 (S3) 3.79 3.95 3.91
Support 4 (S4) 3.81