# Medical Developments (MVP)

Medical Developments

Demark's Pivot Points

#### Medical Developments (MVP): Signals

No data currently available.

TECHNICAL ANALYSIS SUMMARY

Medical Developments current pivot point (DeMark) is:
(R1) \$3.955.

The current pivot point (DeMark) is:
(S1) \$3.815.

Demark Pivot Points start with a different base and use different formulas for support and resistance. These Pivot Points are conditional on the relationship between the close and the open.

Calculation: Demarks Pivot Points:
1) If Close < Open then X = High + (2 x Low) + Close;
2) If Close > Open then X = (2 x High) + Low + Close;
3) If Close = Open then X = High + Low + (2 x Close) ;
4) Pivot Point (P) = X/4;
5) Support 1 (S1) = X/2 – High;
6) Resistance 1 (R1) = X/2 – Low;

PROFILE: Medical Developments (MVP.AX)

Stock Exchange: ASX
Company: Medical Developments
Ticker Codes: | MVP.AX | ASX:MVP |

Medical Developments International Limited manufactures and distributes pharmaceutical drugs, and medical and veterinary equipment. The company operates in three segments: Pharmaceuticals, Medical Devices, and Veterinary products. It offers asthma and COPD pressurized metered dose inhalers, as well as masks and peak flow meters for asthma management; Penthrox, a prescription only medicine for acute pain; medical devices; and various veterinary anesthetic machines to veterinarians. The company operates in Australia, Europe, North America, the Middle East, Asia, and South Africa. Medical Developments International Limited is headquartered in Scoresby, Australia.

Top 10:

Demark's Pivot Points

Company Close Change (%) Volume Value Signal
SLR Silver Lake Resources 0.57 9.6 4,014,673 -2,180 BEARISH
KDR Kidman Resources 1.17 8.3 6,199,530 -940.77 BEARISH
RMS Ramelius Resources 0.5 7.5 3,500,339 -1,333.33 BEARISH
PME Pro Medicus 11.68 6.7 140,709 -4,146.15 BEARISH
DCG Decmil 0.8 6.7 282,536 -1,008.42 BEARISH
CNI Centuria Capital 1.39 6.1 207,220 -2,940 BEARISH
GOR Gold Road Resources 0.66 5.6 1,416,917 -2,580 BEARISH
GXL Greenross 3.79 5.3 4,553,920 -3,634.38 BEARISH
SAR Saracen Mineral 1.98 5.3 12,454,538 -1,750 BEARISH
OSP Osprey Medical 0.23 4.7 178,517 -7,760 BEARISH