Stock Trend Analysis Report
Prepared for you on Sunday, April 5, 2020.
Medigus Ltd American (NASDAQ:MDGS)
Countertrend Down (-85) - MDGS is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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.
MarketClub’s Trade Triangles for MDGS
The long-term trend has been DOWN since Aug 13th, 2019 at 2.11
The intermediate-term trend has been DOWN since Jan 29th, 2020 at 1.75
The short-term trend has been UP since Apr 2nd, 2020 at 1.10
Smart Scan Analysis for MDGS
Based on our trend formula, MDGS is rated as a -85 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||3.48||52wk High Date||2019-07-12|
|52wk Low||0.83||52wk Low Date||2020-03-18|
|Average Volume||5,102||Market Cap||2M|