MedAvail Holdings MDVL stock price is up 73% in the last 5 days & volume is up 1,038%, but is it over for this breakout stock?
There is an old adage, “two heads are better than one”, so let’s collaborate on MDVL and compare notes.
In this in depth report, I look at 5 KPIs: Technical Analysis, Volume, News Cycle, Fundamentals & awareness campaigns. I believe the stock market is not gambling, it is also not fool proof, but I have developed a dependable system. I have found some critical components to success for MDVL, tell me what you think.
Before we get started, I like being methodical and easy to understand so I have developed a ranking system for my stocks. I call it, Alexander Goldman’s “HOT Stock Ranking!”
The official heat level for EMDVL is, a 🔥🔥🔥 3 out of 4
Before I get ahead of myself and just jump right into this exciting breakout stock, I wanted to introduce myself.
Hello 🙋♂️ My name is Alexander Goldman. I have been trading small cap stocks, breakout stocks and trending stocks for 20 years now. I’m accredited for establishing the coveted HOT Stock Reporting system for breakout stocks.
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MedAvail Holdings Company Information
Company Name: MedAvail Holdings Inc.
MedAvail Holdings Company Summary:
MedAvail Holdings, Inc. is a technology-enabled pharmacy company, which engages in the development and commercialization of a self-service pharmacy, mobile application, kiosk, and drive-thru solution. It operates through the Retail Pharmacy Services and Pharmacy Technology segments. The Retail Pharmacy Services segment comprises the MedAvail Pharmacy Inc. and does business under the trade name SpotRx Pharmacy. The Pharmacy Technology segment represents MedAvail Technologies Inc. that sells the system including MedCenter prescription dispensing kiosk, software, integration, and maintenance services. The company was founded on April 11, 2007 and is headquartered in Mississauga, Canada.
MDVL stock price is due to News?
April 8, 2022
Announced that the compensation committee of MedAvail’s board of directors approved the grant of inducement awards to the following newly-hired employees: Steven Hess, Executive Vice President / General Manager, SpotRx; Matthew Broome, Executive Vice President / General Manager, Technology; Robert McClune, Senior Vice President, Data & Analytics; and Craig Holtgrave, Senior Vice President, Sales & Marketing.
The inducement awards consisted of inducement stock options to purchase shares of MedAvail’s common stock and inducement restricted stock units (RSUs) settleable in shares of MedAvail’s common stock.
The inducement awards cover an aggregate of 853,000 shares of MedAvail’s common stock, of which: (i) Mr. Hess received an option to purchase 131,000 shares of common stock and RSUs covering 131,000 shares of common stock; (ii) Mr. Broome received an option to purchase 131,000 shares of common stock and RSUs covering 131,000 shares of common stock; (iii) Mr. McClune received an option to purchase 82,250 shares of common stock and RSUs covering 82,250 shares of common stock; and (iv) Mr. Holtgrave received an option to purchase 82,250 shares of common stock and RSUs covering 82,250 shares of common stock.
Trending Stock MDVL 5 Day Chart
MDVL Stock Price HOT Stock Grade:
The official heat level for ECTM is, a 🔥🔥🔥 3 out of 4 . Here are my takeaways on it and why it is just a 3 out of 4. Do you agree?
MDVL Trading Volume
The volume, is trading at an increase of 1,000%+ over the average which indicates a higher demand in the stock.
Trading 101: volume is measured in the number of shares traded. Traders look to volume to determine liquidity and combine changes in volume with technical indicators to make trading decisions. So, let’s take a look at the technical indicators.
The technical analysis “chart reading”, it is bullish and has been that way since the early part of this month with a steady ascending channel. Also it is up over 70% in the last 5 days
Trading 101: Technical indicators are technical tools that help in analyzing the movement in the stock prices whether the ongoing trend is going to continue or reverse. It helps the traders to make entry and exit decisions of a particular stock. Technical indicators can be leading or lagging indicators.
MDVL News Cycle
The news, there is significant news, “Announced that the compensation committee of MedAvail’s board of directors approved the grant of inducement awards to the following newly-hired employees”
The fundamentals, there is exciting financial filings associated with this stock, “265% growth”!
Trading 101: Fundamental trading is a method where a trader focuses on company-specific events to determine which stock to buy and when to buy it. Trading on fundamentals is more closely associated with a buy-and-hold strategy rather than short-term trading.
Marketing efforts “Awareness Campaigns”, I have not found marketing efforts around the investor awareness of this company. Hence the 3 out of 4. Do you agree? Write me a line at [email protected]
Again, two heads are better than one, let’s work together to have the best trading year of our lives!
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