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MDGS NEWS why is Medigus Ltd. price falling or rising

MDGS NEWS reasons for why stock price of Medigus Ltd. is falling or rising

MDGS Medigus is falling or rising technical reasons

Technical analysis forecast for Medigus Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Medigus MDGS at this time. Stock is falling and might fall more.

It appears as if Medigus MDGS gave a large move recently.

Stock of Medigus (MDGS) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Medigus is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Medigus stays below 2.4, but if it comes above 2.4, then a intra day buy could be more profitable.
If you take a sell trade below 2.4, then use 2.4 as stoploss and 2.2 as target. However if you take a buy trade in Medigus, then use 2.4 as stoploss and 2.56 as target.

MDGS Medigus is falling or rising NEWS fundamental reasons

More announcements and NEWS

MDGS Medigus Ltd. current price & indicator signals

Moving Averages for Medigus Ltd.

  • 5Day Average: 2.33
  • 12Day Average: 2.52
  • 20Day Average: 2.61
  • 50Day Average: 2.75
  • 100Day Average: 3.02
  • 150Day Average: 3.15
  • 200Day Average: 3.42

MDGS Indicators & signals

Indicator MACD (12,26,9)

2.48, 2.6, -0.08
Indicator MACD is in negative zone

Indicator ADX (14)

12.5, 45, 35
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 47
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of MDGS Medigus Ltd. are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
17 Wed Apr 2024 2.36 2.17 to 2.58 8.26% 1.65 times
16 Tue Apr 2024 2.18 2.15 to 2.23 -2.24% 0.6 times
15 Mon Apr 2024 2.23 2.11 to 2.40 -10.8% 3.51 times
12 Fri Apr 2024 2.50 2.35 to 2.66 4.17% 1.24 times
11 Thu Apr 2024 2.40 2.40 to 2.50 -7.69% 0.51 times
10 Wed Apr 2024 2.60 2.55 to 2.72 -4.41% 1.06 times
09 Tue Apr 2024 2.72 2.54 to 2.74 5.43% 0.54 times
08 Mon Apr 2024 2.58 2.50 to 2.60 0.78% 0.41 times
05 Fri Apr 2024 2.56 2.49 to 2.63 -2.29% 0.8 times
04 Thu Apr 2024 2.62 2.62 to 2.70 -3.32% 0.96 times
03 Wed Apr 2024 2.71 2.61 to 2.72 -1.45% 0.37 times
02 Tue Apr 2024 2.75 2.57 to 2.76 0% 0.54 times

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MDGS NEWS why is Medigus Ltd. price falling or rising

 

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