Technical Analysis for MDCL - Medicine Man Technologies Inc.

Grade Last Price % Change Price Change
grade B 1.9 15.85% 0.2600
MDCL closed up 15.85 percent on Monday, April 20, 2020, on 1.53 times normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.

Trend Table & Recent Signals

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

Date Alert Name Type % Chg
Crossed Above 50 DMA Bullish 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
Stochastic Reached Overbought Strength 0.00%
Upper Bollinger Band Walk Strength 0.00%
Wide Bands Range Expansion 0.00%
Above Upper BB Strength 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Up 4 Days in a Row Strength 0.00%
Up 5 Days in a Row Strength 0.00%
Older signals for MDCL ...

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

Medicine Man Technologies is an innovative provider of consulting services related to cultivation, production, and dispensary operations nationally. Currently serving 29 clients in 14 states as well as having successfully supported license applications (cultivation and dispensary) in Illinois, Colorado, and Nevada, we are now working with clients in California, Maryland, Hawaii, and Puerto Rico to support applications in their respective states. Further information about MMT can be found in our S1 and 10Q/K filings.
Pharmacy Dispensary Consulting Services License Applications

Is MDCL 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 4.05
52 Week Low 1.05
Average Volume 84,922
200-Day Moving Average 2.7491
50-Day Moving Average 1.7205
20-Day Moving Average 1.4601
10-Day Moving Average 1.5072
Average True Range 0.1761
ADX 26.85
+DI 32.6718
-DI 14.5785
Chandelier Exit (Long, 3 ATRs ) 1.4617
Chandelier Exit (Short, 3 ATRs ) 1.5783
Upper Bollinger Band 1.7959
Lower Bollinger Band 1.1243
Percent B (%b) 1.16
BandWidth 45.9969
MACD Line -0.0008
MACD Signal Line -0.0770
MACD Histogram 0.0762
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 2.4250
Resistance 3 (R3) 2.3967 2.1933 2.3375
Resistance 2 (R2) 2.1933 2.0596 2.2075 2.3083
Resistance 1 (R1) 2.0467 1.9770 2.1200 2.0750 2.2792
Pivot Point 1.8433 1.8433 1.8800 1.8575 1.8433
Support 1 (S1) 1.6967 1.7096 1.7700 1.7250 1.5208
Support 2 (S2) 1.4933 1.6270 1.5075 1.4917
Support 3 (S3) 1.3467 1.4933 1.4625
Support 4 (S4) 1.3750