Stock Trend Analysis Report
Prepared for you on Monday, December 4, 2023.
Medigus Ltd. - American Depositary Shares (NASDAQ:MDGS)
Weak Downtrend (-65) - MDGS is showing signs of a strengthening downtrend. Monitor MDGS as it may be building momentum to the downside.
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 1st, 2023 at 4.2800
The intermediate-term trend has been DOWN since Oct 18th, 2023 at 3.2816
The short-term trend has been UP since Nov 22nd, 2023 at 2.9333
Smart Scan Analysis for MDGS
Based on our trend formula, MDGS is rated as a -65 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||7.17||52wk High Date||2023-05-15|
|52wk Low||2.76||52wk Low Date||2023-11-17|
|Average Volume||6,904||Market Cap||2M|