Technical Analysis for MXC - MGC Pharmaceuticals Ltd
| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Weak or Absent | Up | Down | Down |
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| Narrow Range Bar | Range Contraction | 0.00% | |
| Inside Day | Range Contraction | 0.00% | |
| Fell Below 20 DMA | Bearish | 2.47% | |
| Fell Below 50 DMA | Bearish | 2.47% | |
| MACD Bearish Signal Line Cross | Bearish | 2.47% | |
| BB Squeeze Ended | Range Expansion | 2.47% | |
| Bollinger Band Squeeze | Range Contraction | -3.49% | |
| Narrow Range Bar | Range Contraction | -3.49% | |
| 20 DMA Support | Bullish | -3.49% | |
| 50 DMA Support | Bullish | -3.49% |
| Alert | Time |
|---|---|
| Fell Below Previous Day's Low | 25 days ago |
| Outside Day | 25 days ago |
| Down 3% | 25 days ago |
| 1.5x Volume Pace | 25 days ago |
| 10 DMA Resistance | 25 days ago |
Free Daily (Stock) Chart Reading
MGC Pharmaceuticals Ltd Description
MGC Pharmaceuticals Limited, formerly Erin Resources Limited, is a medical and cosmetics cannabis company. The Company is engaged in the creating cannabidiol (CBD) and medical cannabis business that focuses on the CBD market in Europe. CBD is used for the treatment of a range of skin and health conditions, including acne, psoriasis, eczema and dry skin. The Company's business model involves in growing cannabis sativa plants from high CBD yielding seeds and extracting CBD resin from the plants grown. It sells the CBD resins as a wholesale product to cosmetic and therapeutic product manufacturers. The CBD is also used to produce the Company's line of cosmetic products in Slovenia under the Ananda Cosmetics Joint Venture. It grows, harvests, dries out, extracts and sells cannabis sativa crop to enterprise customers in bulk, individual consumers in delivery devices or other products. The Company subsidiaries include MGC Pharma (UK) Ltd and MGC Pharmaceuticals d.o.o.
Classification
Sector: Healthcare
Industry: Drug Manufacturers - Specialty & Generic
Keywords: Health Pharmaceutical Plants Drugs Yield Pharmaceuticals Consumers Medical Cannabis Medicinal Plants Cannabis Therapeutic Product Cosmetics Herbalism Mg Entheogens Euphoriants Resin Acne Cannabis Smoking Cannabidiol Effects Of Cannabis Psoriasis
| Indicator | Bull Case | Neutral / Hold | Bear Case |
|---|---|---|---|
| 50 DMA | |||
| 200 DMA | |||
| ADX Trend | |||
| Oversold / Overbought | |||
| Relative Strength |
| Indicator | Value |
|---|---|
| 52 Week High | 1.16 |
| 52 Week Low | 0.001 |
| Average Volume | 23,052 |
| 200-Day Moving Average | 0.287 |
| 50-Day Moving Average | 0.422 |
| 20-Day Moving Average | 0.421 |
| 10-Day Moving Average | 0.429 |
| Average True Range | 0.021 |
| RSI (14) | 47.09 |
| ADX | 14.52 |
| +DI | 20.021 |
| -DI | 30.979 |
| Chandelier Exit (Long, 3 ATRs) | 0.387 |
| Chandelier Exit (Short, 3 ATRs) | 0.453 |
| Upper Bollinger Bands | 0.449 |
| Lower Bollinger Band | 0.393 |
| Percent B (%b) | 0.39 |
| BandWidth | 13.340 |
| MACD Line | 0.000 |
| MACD Signal Line | 0.001 |
| MACD Histogram | -0.0012 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 0.423 | ||||
| Resistance 3 (R3) | 0.422 | 0.418 | 0.421 | ||
| Resistance 2 (R2) | 0.418 | 0.416 | 0.419 | 0.421 | |
| Resistance 1 (R1) | 0.417 | 0.415 | 0.418 | 0.418 | 0.420 |
| Pivot Point | 0.413 | 0.413 | 0.414 | 0.414 | 0.413 |
| Support 1 (S1) | 0.412 | 0.411 | 0.413 | 0.413 | 0.410 |
| Support 2 (S2) | 0.408 | 0.410 | 0.409 | 0.409 | |
| Support 3 (S3) | 0.407 | 0.408 | 0.409 | ||
| Support 4 (S4) | 0.408 |
