Stock Trend Analysis Report
Prepared for you on Monday, November 12, 2018.
MEDIGUS LTD AMERICAN DEPOSITARY SHARE (NASDAQ:MDGS)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for MDGS
The long term trend has been DOWN since Jul 18th, 2018 at 4.2000
The intermediate term trend has been UP since Nov 7th, 2018 at 3.4334
The short term trend has been UP since Nov 7th, 2018 at 3.1900
Smart Scan Analysis for MDGS
Based on a pre-defined weighted trend formula for chart analysis, MDGS scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||10.2||Year High Date||2018-07-11|
|Year Low||2.8101||Year Low Date||2018-09-14|
|52wk High||12.702||52wk High Date||2017-11-22|
|52wk Low||2.8101||52wk Low Date||2018-09-14|