Technical Analysis for MDCN - Medican Enterprises Inc

Grade Last Price % Change Price Change
F 0.0001 0.00% 0.0000
MDCN closed unchanged on Thursday, December 2, 2021, on 40 percent of normal volume. 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
Weak or Absent Down Down Down
Historical MDCN trend table...

Date Alert Name Type % Chg
20 DMA Resistance Bearish 0.00%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.00%
Narrow Range Bar Range Contraction 0.00%
Stochastic Reached Oversold Weakness 0.00%
Wide Bands Range Expansion 0.00%
Below Lower BB Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Fell Below 20 DMA Bearish 0.00%
180 Bearish Setup Bearish Swing Setup 0.00%
Older End-of-Day Signals for MDCN ...

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

Alert Time
10 DMA Resistance about 7 hours ago
10 DMA Support about 7 hours ago
Rose Above 10 DMA about 7 hours ago
Rose Above Lower Bollinger Band about 7 hours ago
Fell Below Lower Bollinger Band about 7 hours ago
View Earlier Intraday Alerts

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Profile

Medican Enterprises Inc Description

Medican Enterprises, Inc. is a bio-pharmaceutical company. The Company is engaged in wholesale medical marijuana production, cultivation, and wholesale distribution of cannabis related products. Through joint ventures with development partners all over Canada and the United States, the Company builds and operates medical marijuana cultivation and research centers. The Company focuses on cultivating approximately five strains of cannabis, including High tetrahydrocannabinol (THC)/Low Cannabidiol (CBD), Medium THC/Low CBD, Medium THC/Medium CBD and Low TCH/High CBD. The Company provides strategic planning, valuation, project debt and corporate finance solutions to its joint venture partners in order to capitalize on the growing medical marijuana market and fund multiple facilities. The Company's subsidiary, Medican Systems Inc., is a licensed producer of medical marijuana under the new program marijuana for medical purposes regulation.


Classification

Sector: Healthcare
Industry: Biotechnology
Keywords: Cannabis Corporate Finance Entheogens Euphoriants Medicinal Plants Drugs Psychoactive Drugs Cannabidiol Cannabinoids Effects Of Cannabis Tetrahydrocannabinol Appetite Stimulants Cannabinol Cannabis Related Products Finance Solutions Bio Pharmaceutical E Finance Solutions Licensed Producer Cannabis Strains

Is MDCN 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 0.004
52 Week Low 0.0001
Average Volume 344,625,908
200-Day Moving Average 0.0006
50-Day Moving Average 0.0003
20-Day Moving Average 0.0002
10-Day Moving Average 0.0002
Average True Range 0.0006
ADX 0.55
+DI 33.3333
-DI 33.3333
Chandelier Exit (Long, 3 ATRs) -0.0015
Chandelier Exit (Short, 3 ATRs) 0.0019
Upper Bollinger Bands 0.0003
Lower Bollinger Band 0.0001
Percent B (%b) 0.0
BandWidth 100.0000
MACD Line -0.0003
MACD Signal Line -0.0001
MACD Histogram -0.0002
Fundamentals Value
Market Cap 13.48 Thousand
Num Shares 135 Million
EPS -17.92
Price-to-Earnings (P/E) Ratio 0.00
Price-to-Sales 2.72
Price-to-Book 0.00
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.0003
Resistance 3 (R3) 0.0003 0.0002 0.0002
Resistance 2 (R2) 0.0002 0.0002 0.0002 0.0002
Resistance 1 (R1) 0.0002 0.0002 0.0002 0.0002 0.0002
Pivot Point 0.0001 0.0001 0.0001 0.0001 0.0001
Support 1 (S1) 0.0001 0.0001 0.0001 0.0001 0.0000
Support 2 (S2) 0.0000 0.0001 0.0000 0.0000
Support 3 (S3) 0.0000 0.0000 0.0000
Support 4 (S4) -0.0001