Technical Analysis for MDRNF - Modern Plant Based Foods Inc

Grade Last Price % Change Price Change
F 1.41 0.95% 0.0132
MDRNF closed up 0.95 percent on Thursday, June 17, 2021, on 1.21 times normal volume. The bears made the stock sink to a new 52-week low. 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
Weak or Absent N/A N/A Down
Historical MDRNF trend table...

Date Alert Name Type % Chg
Hammer Candlestick Bullish 0.00%
Stochastic Buy Signal Bullish 0.00%
Lizard Bullish Bullish Day Trade Setup 0.00%
New 52 Week Low Weakness 0.00%
Outside Day Range Expansion 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
New 52 Week Closing Low Bearish 0.95%
Narrow Range Bar Range Contraction 0.95%
New 52 Week Low Weakness 0.95%
Older End-of-Day Signals for MDRNF ...

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Profile

Modern Plant Based Foods Inc. engages in developing and selling plant-based meat alternatives made from plants. The company's product lineup includes the modern burgers, modern crabcakes, modern meatballs, modern crumbles, and sauces. It offers its products through various retail locations in the British Columbia Lower Mainland, as well as on e-commerce platforms. The company was formerly known as Modern Meat Inc. Modern Plant Based Foods Inc. is headquartered in Vancouver, Canada.
Classification

Sector: Consumer Defensive
Industry: Packaged Foods
Keywords: Food And Drink Retail Locations Cuisine E Commerce Platforms Meat Substitutes Vegetarian Cuisine Vegetarianism

Is MDRNF 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 1.95
52 Week Low 1.3595
Average Volume 4,090
200-Day Moving Average 0.0000
50-Day Moving Average 0.0000
20-Day Moving Average 1.4663
10-Day Moving Average 1.4481
Average True Range 0.0990
ADX 24.63
+DI 34.8674
-DI 22.4911
Chandelier Exit (Long, 3 ATRs) 1.5630
Chandelier Exit (Short, 3 ATRs) 1.6565
Upper Bollinger Bands 1.5683
Lower Bollinger Band 1.3643
Percent B (%b) 0.22
BandWidth 13.9126
MACD Line -0.0483
MACD Signal Line -0.0483
MACD Histogram 0.0
Fundamentals Value
Market Cap 41.69 Million
Num Shares 29.6 Million
EPS
Price-to-Sales 544.57
Price-to-Book 25.34
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 1.4858
Resistance 3 (R3) 1.4773 1.4437 1.4731
Resistance 2 (R2) 1.4437 1.4244 1.4479 1.4689
Resistance 1 (R1) 1.4268 1.4125 1.4353 1.4353 1.4647
Pivot Point 1.3932 1.3932 1.3974 1.3974 1.3932
Support 1 (S1) 1.3763 1.3739 1.3848 1.3848 1.3553
Support 2 (S2) 1.3427 1.3620 1.3469 1.3511
Support 3 (S3) 1.3258 1.3427 1.3469
Support 4 (S4) 1.3343