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BDRX

Biodexa Pharmaceuticals Plc

Biodexa Pharmaceuticals Plc (BDRX) is currently in a downtrend, trading below both the 50-day and 200-day moving averages. RSI is at 29.9 (oversold), with 0/3 trend checks passing.

Price
$2.24
2026-07-16
Trend score
0/3
Downtrend
RSI (14)
29.9
Oversold
Price above MA50Price above MA200MA50 above MA200
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BDRX with MA50 and MA200

54.5041.4428.3715.302.2407/3110/2401/2204/1707/15
BDRX2025-07-312026-07-15
PriceMA50MA200
Technical Indicators

Key levels & signals

MA50
$3.17-29.36% vs price
MA200
$12.92-82.66% vs price
RSI (14)
29.9Oversold zone
MACD Signal
BearishMomentum below signal
Macro Support
Not identifiedNo repeated weekly support zone found
Support Quality
Volume data unavailable
Chart Summary
Trend summary for BDRX

Biodexa Pharmaceuticals Plc (BDRX) currently looks weaker on the chart and is not showing much trend strength. The latest available price is $2.24, and 0 of 3 core trend checks are currently passing. Price is trading below the 50-day moving average by 29.4% and below the 200-day moving average by 82.7%.

Momentum and stretch context

BDRX currently has an RSI reading of 29.9, which suggests weaker momentum and a more oversold condition. Some traders may review this kind of setup for a rebound or buy-the-dip idea, but oversold readings by themselves do not guarantee a reversal.

What traders may watch next

For traders reviewing BDRX next, the main question is whether weakness is starting to stabilise or whether the chart still looks vulnerable to further downside. Some traders may watch for bounce attempts, but others will want to see stronger proof that the trend is improving before treating the stock as a cleaner setup.

Company profile

About Biodexa Pharmaceuticals Plc

Biodexa Pharmaceuticals Plc, a biopharmaceutical company in the clinical development stage, is dedicated to advancing a diverse portfolio of products. Founded in 2000 and headquartered in Cardiff, United Kingdom, the company was formerly known as Midatech Pharma plc until its rebranding in March 2023. Its research and development efforts are focused on addressing significant unmet medical needs, including familial adenomatous polyposis, non-muscle invasive bladder cancer, Type 1 diabetes, and a spectrum of rare or orphan brain cancers. The company's primary drug candidate, Tolimidone, a selective activator of the lyn kinase enzyme, is currently undergoing Phase II clinical trials for the management of Type 1 diabetes. Additionally, Biodexa is progressing MTX110 through Phase I studies as an investigational treatment targeting specific challenging brain malignancies such as diffuse intrinsic recurrent glioblastoma, diffuse midline glioma, and medulloblastoma. Beyond its direct drug pipeline, Biodexa Pharmaceuticals also provides a suite of advanced drug delivery platforms designed to optimize therapeutic efficacy. These include Q-Sphera, a microtechnology utilizing polymer microspheres for controlled, sustained release of medications; MidaSolve, an oligosaccharide nanotechnology that facilitates the solubilization of drugs, enabling their direct and localized administration into tumor sites; and MidaCore, which employs gold nanoparticles for precise targeting of diseased areas, allowing for the delivery of either chemotherapeutic or immunotherapeutic agents. The company has established strategic collaboration agreements with pharmaceutical industry leaders Janssen and Melior.

Sector
Healthcare
Industry
Biotechnology
CEO
Stephen Anthony Stamp
Employees
11
Market cap
$1.7M
Beta
1.21
52-week range
$2.10 – $59.40
Dividend
No
Exchange
NASDAQ
Country
GB
IPO date
7 Dec 2015
ISIN
US59564R8723
CUSIP
59564R872
Company profile data from Financial Modeling Prep. BDRX listed on NASDAQ.
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FAQ

Common questions about BDRX

Is this page a buy or sell recommendation?

No. This page is designed to help you review chart structure, momentum and technical context more quickly, but it is not personal financial advice.

Why can a stock look bullish and overbought at the same time?

Strong trending stocks can still become stretched in the short term. That is why trend traders and dip buyers can read the same chart differently.

What should I do next after reading this page?

Open the full dashboard, review the chart in more detail, compare indicators, and decide whether the setup still makes sense within your own process.