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Stock Trend Analysis Report

Prepared for you on Tuesday, April 23, 2024.

Medigus Ltd. - American Depositary Shares (NASDAQ:MDGS)

Long-Term Downtrend (-90) - MDGS is in a strong downtrend that is likely to continue. While MDGS is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid MDGS?

MarketClub looks at technical strength and momentum to determine if the timing is right for MDGS.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_MDGS
Open High Low MDGS Price Change
2.2100 2.5799 2.1700 2.3600 +0.1804
Entry Signal

MarketClub’s Trade Triangles for MDGS

long term down The long-term trend has been DOWN since Aug 1st, 2023 at 4.2800

intermediate term down The intermediate-term trend has been DOWN since Jan 19th, 2024 at 3.1455

short term down The short-term trend has been DOWN since Apr 11th, 2024 at 2.5000

Smart Scan Analysis for MDGS

Based on our trend formula, MDGS is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for MDGS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.2100 2.5799 2.1700 2.3600 +0.1804
Prev. Close Volume Bid Ask Time
2.3600 25407 2024-04-17 15:58:37
Year High10.2Year High Date2018-07-11
Year Low2.81Year Low Date2018-11-15
52wk High7.1752wk High Date2023-05-15
52wk Low2.1152wk Low Date2024-04-15
Average Volume20,599Market Cap2M
Assets32,335,000MLiabilities9,374,000M
Volatility45.27
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