Medicure Breaks Above 200-Day Moving Average - Bullish for MPH

In trading on Tuesday, shares of Medicure Inc (TSXV: MPH.TO) crossed above their 200 day moving average of $2.15, changing hands as high as $2.23 per share. Medicure Inc shares are currently trading up about 15.5% on the day. The chart below shows the one year performance of MPH shares, versus its 200 day moving average:

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Medicure Inc 200 Day Moving Average Chart

Looking at the chart above, MPH's low point in its 52 week range is $0.35 per share, with $3.15 as the 52 week high point — that compares with a last trade of $2.16.

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