Stock Trend Analysis Report
Prepared for you on Thursday, August 11, 2022.
Medigus Ltd. - American Depositary Shares (NASDAQ:MDGS)
Crossroads (+60) - MDGS is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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.
MarketClub’s Trade Triangles for MDGS
The long-term trend has been DOWN since Aug 17th, 2021 at 1.4000
The intermediate-term trend has been UP since Aug 10th, 2022 at 0.6500
The short-term trend has been UP since Aug 4th, 2022 at 0.6162
Smart Scan Analysis for MDGS
Based on our trend formula, MDGS is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||10.2||Year High Date||2018-07-11|
|Year Low||2.81||Year Low Date||2018-11-15|
|52wk High||1.78||52wk High Date||2021-10-28|
|52wk Low||0.555||52wk Low Date||2022-07-15|
|Average Volume||64,467||Market Cap||2M|