Technical Analysis for RXMD - Progressive Care

Grade Last Price % Change Price Change
grade A 0.0609 4.10% 0.0024
RXMD closed up 4.1 percent on Friday, January 24, 2020, on 1.82 times normal volume.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up
Historical RXMD trend table...

Date Alert Name Type % Chg
Calm After Storm Range Contraction 0.00%
Wide Bands Range Expansion 0.00%
1,2,3 Pullback Bullish Bullish Swing Setup 4.10%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 4.10%
Calm After Storm Range Contraction 4.10%
Inside Day Range Contraction 4.10%
Wide Bands Range Expansion 4.10%
Down 3 Days in a Row Weakness 4.10%
Down 4 Days in a Row Weakness 4.10%
200 DMA Support Bullish 1.50%
Older signals for RXMD ...

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Profile

Progressive Care, through its subsidiary PharmCo, LLC, provides prescription pharmaceuticals, specializing in health practice risk management, compounded medications, the sale of anti-retroviral medications and related medication therapy management, and the supply of prescription medications to long term care facilities. The Company also provides 340B services to community organizations, patient health risk reviews, free same-day delivery and serves as a case management access point.As a specialty pharmacy catering to the needs of patients in need of anti-retroviral medications, and to increase the quality and credibility of the services we provide to these patients, the Company has a staff that is well trained in acute illnesses. Further, the Company provides confidential prescription packaging that suits the individual patient?s needs and lifestyle.Pharmco?s compounding department specializes in formularies such as non-narcotic topical pain creams, wound care creams, scar gels and hormone replacement therapies. The company also offers EnovaRx, which are FDA approved manufactured pain creams that are readily available with a prescription. In addition to these medications, Pharmco prepares psoriasis creams, wellness vitamins, weight loss formulations and holistic capsules which are 100% Kosher and Halal certified. Compounded medications require strict compliance procedures and are highly labor intensive. As such, these medications can carry significantly higher gross margins than traditional mass manufactured prescriptions. The Company believes that diversifying into this area of the pharmaceutical industry will be greatly beneficial to both its short term financial position as well as its long term viability in the market.For its long term care customers, PharmCo provides purchasing, repackaging and dispensing of both prescription and non-prescription pharmaceutical products. PharmCo utilizes a unit-of-dose packaging system as opposed to the traditional vials used for its retail customers. This method of distribution improves control and patient compliance with recommended drug therapy by increasing the timeliness and accuracy of medication dispensing. PharmCo also provides computerized maintenance of patient prescription histories, third party billing and consultant pharmacist services. Its consulting services consist primarily of evaluation of monthly patient drug therapy and monitoring the institution's drug distribution system.The Company has begun receiving revenue from its work in Medication Therapy Management (MTM). MTM involves review and adjustment of prescribed drug therapies to improve patient health outcomes. This process includes a number of activities such as performing patient assessments, creating medication treatment plans, monitoring the effectiveness of and adherence to prescribed therapies and delivering documentation of these services to the patient's physician to coordinate comprehensive care.Progressive Care, Inc. is headquartered in North Miami Beach, Florida.
Health Pharmaceutical Industry Pharmacy Retail Customers Psoriasis Fda Medical Prescription Clinical Pharmacology Prescription Drug Adherence Compounding Drug Therapies Pharmacist Drug Therapy Prescription Pharmaceuticals Specialty Drugs In The United States Hormone Replacement Therapies

Is RXMD 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 0.0913
52 Week Low 0.03
Average Volume 639,127
200-Day Moving Average 0.0526
50-Day Moving Average 0.0513
20-Day Moving Average 0.0536
10-Day Moving Average 0.0563
Average True Range 0.0063
ADX 30.45
+DI 25.0000
-DI 13.8128
Chandelier Exit (Long, 3 ATRs ) 0.0485
Chandelier Exit (Short, 3 ATRs ) 0.0650
Upper Bollinger Band 0.0629
Lower Bollinger Band 0.0443
Percent B (%b) 0.89
BandWidth 34.7015
MACD Line 0.0029
MACD Signal Line 0.0020
MACD Histogram 0.0009
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.0690
Resistance 3 (R3) 0.0685 0.0652 0.0677
Resistance 2 (R2) 0.0652 0.0632 0.0655 0.0672
Resistance 1 (R1) 0.0631 0.0619 0.0615 0.0636 0.0667
Pivot Point 0.0598 0.0598 0.0590 0.0601 0.0598
Support 1 (S1) 0.0577 0.0578 0.0561 0.0582 0.0551
Support 2 (S2) 0.0544 0.0565 0.0547 0.0546
Support 3 (S3) 0.0523 0.0544 0.0542
Support 4 (S4) 0.0528