MEDIGUS LTD - SPON ADR (MDGS)

US58471G4091 - ADR

2.36  +0.18 (+8.28%)

After market: 2.6 +0.24 (+10.17%)

Technical Rating and Analysis

0

Overall MDGS gets a technical rating of 0 out of 10. MDGS scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, MDGS is a bad performer in the overall market: 94% of all stocks are doing better.
MDGS is part of the Health Care Equipment & Supplies industry. There are 196 other stocks in this industry, of which 78% are performing better than MDGS.
MDGS is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so MDGS is lagging the market.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Warning: MDGS has an average volume of 11996 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month MDGS has a been trading in the 2.11 - 2.87 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
MDGS Weekly chart
MDGS Daily chart
Setup Rating and Analysis

3

The technical rating of MDGS is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

2.34

3.06

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 2.61 to 2.62. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Resistance @3.03 from a trend line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.93
Mansfield-4.48
10 Day High2.74
10 Day Low2.11
20 Day High2.87
20 Day Low2.11
52 Week High7.17
52 Week Low2.11
Performance
1 Week-9.23%
2 Weeks-12.92%
1 Month-13.24%
3 Month-30.59%
6 Month-26.71%
12 Month-55.13%
2 Year-84.87%
3 Year-91.97%
5 Year-94.48%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.04
RSI(14)39.62
LBB2.18
UBB2.92
MDGS Daily chart

MEDIGUS LTD - SPON ADR

NASDAQ:MDGS (4/17/2024, 7:12:04 PM)

After market: 2.6 +0.24 (+10.17%)

2.36

+0.18 (+8.28%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg8.28%
1 Week-9.23%
2 Weeks-12.92%
1 Month-13.24%
3 Month-30.59%
6 Month-26.71%
12 Month-55.13%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.18
ATR(20)%8.24%
ATR Inc
Range Today0.41
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High2.74
10 Day Low2.11
20 Day High2.87
20 Day Low2.11
52 Week High7.17
52 Week Low2.11
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume28.80K
Volume Incr79.73%
Vol(5)26.24K
Vol(50)12.00K