Medican Enterprises Inc (OTCMKTS:MDCN) is gaining momentum on Thursday.
Market Action
As of 11, MDCN stock has moved up 22.22% to $0.0011. Total volume was 1.65 billion shares -3.51X its average volume of 471 million shares. The stock opened at $0.0009 and moved in a wide range of $0.0009 – 0.0012.
MDCN Business Description
Medican Enterprises, Inc., a bio-pharmaceutical company, focuses on pursuing business opportunities in the medical and recreational marijuana sector. The company intends to invest in business of growing, marketing, research and development, training, distribution, and retail sale of medical and recreational marijuana in the United States and Canada. Medican Enterprises, Inc. was founded in 1988 and is headquartered in Las Vegas, Nevada.
Trader Notes
Share Information
| SHARES OUTSTANDING | 134.80 M |
| SHARE FLOAT (%) | 134.80 M – |
| % HELD BY INSTITUTIONS | 0.52 |
Recent Stock Performance
| 5-DAY PERF. | +83.33% |
| 1-MONTH PERF. | +37.50% |
| 3-MONTH PERF. | -15.38% |
| 6-MONTH PERF. | +1000.00% |
| YTD PERF. | +1000.00% |
| 1-YEAR PERF. | +0.00% |
Moving Averages
| +/- EMA(20) | 0.0008 (+37.50%) |
| +/- SMA(50) | 0.0008 (+37.50%) |
| +/- SMA(200) | 0.0004 (+175.00%) |
Pivot Points
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
| Classic | 0.0004 | 0.0005 | 0.0007 | 0.0008 | 0.0010 | 0.0011 | 0.0013 |
| Fibonacci | 0.0005 | 0.0006 | 0.0007 | 0.0008 | 0.0009 | 0.0010 | 0.0011 |
Technical Indicators
| Symbol | Value | Result | Symbol | Value | Result |
| ADX | 39.3110 | Buy | ATR14 | 0.0002 | |
| CCI20 | 68.9655 | Buy | Chaikin Money Flow | 0.6126 | Buy |
| MACD | -0.0001 | Sell | Money Flow Index | 41.2265 | Sell |
| ROC | 12.5000 | Buy | RSI | 53.2349 | Buy |
| STOCH (14,3) | 100.0000 | OverBought | STOCH RSI | 1.0000 | OverBought |
| UO | 71.6303 | OverBought | Williams %R | 0.0000 | OverBought |
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