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(MDGS) Medigus complete technical analysis [charts+indicators] | Buy/Sell Medigus | (MDGS) share price targets

Complete technical analysis of Medigus (MDGS) by charts plus indicators, forecast predictions and share price targets for Medigus (MDGS)

Medigus trades in USA in Health Care sector.

Showing technical analysis as on 2024-03-18 View latest technical analysis

10 day averaged volume of Medigus is 6100

Date	Daily Closing Price	Open	High	Low	Volume
18 Mon Mar 2024	2.72	2.59	2.72	2.59	1.033 times
15 Fri Mar 2024	2.70	2.71	2.71	2.61	0.148 times
14 Thu Mar 2024	2.71	2.60	2.71	2.60	0.279 times
13 Wed Mar 2024	2.70	2.69	2.70	2.67	0.148 times
12 Tue Mar 2024	2.67	2.73	2.76	2.66	0.639 times
11 Mon Mar 2024	2.73	3.00	3.00	2.71	0.541 times
08 Fri Mar 2024	2.90	2.82	2.90	2.80	0.557 times
07 Thu Mar 2024	2.83	2.81	2.83	2.80	0.443 times
06 Wed Mar 2024	2.88	2.61	2.89	2.61	5.279 times
05 Tue Mar 2024	2.68	2.70	2.70	2.67	1.066 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 2.7 as stoploss in an intra day buy trade for a target of 2.78. However, stock will show a bearish move below 2.7.

Share price targets for Medigus (MDGS)

Target Type	Value
Downside Target	2.59
Downside Target	2.72
Upside Target	2.83
Upside Target	2.90
Upside Target	3.00
Upside Target	3.03
Upside Target	3.08
Upside Target	3.28
Upside Target	3.53
Upside Target	3.66
Upside Target	3.91

Intraday share price targets for Medigus (MDGS)

Target Type	Value
Downside Intraday Target	2.63
Downside Intraday Target	2.55
Upside Intraday Target	2.76
Upside Intraday Target	2.81
Downside Intraday Target	2.68

Weekly technical analysis of Medigus (MDGS)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Mon Mar 2024	2.72	2.59	2.72	2.59	0.589 times
15 Fri Mar 2024	2.70	3.00	3.00	2.60	0.213 times
08 Fri Mar 2024	2.90	2.67	2.90	2.61	1.128 times
01 Fri Mar 2024	2.68	2.85	2.93	2.61	1.312 times
23 Fri Feb 2024	2.88	2.95	3.03	2.83	1.349 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Medigus (MDGS)

Date	Monthly Closing Price	Open	High	Low	Volume
18 Mon Mar 2024	2.72	2.70	3.00	2.59	0.538 times
29 Thu Feb 2024	2.66	3.11	3.28	2.61	2.317 times
31 Wed Jan 2024	3.12	3.33	3.66	3.08	0.197 times
29 Fri Dec 2023	3.26	2.90	3.91	2.90	2.306 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Medigus (MDGS)

Price action analysis of Medigus ( (MDGS) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Medigus ( (MDGS) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Medigus ( (MDGS) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Medigus stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Medigus in short term but the buy signal is initial and weak.

Medigus Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Medigus in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Medigus is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 2.81 and Medigus (MDGS) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Medigus (MDGS) stock. Volume based technical analysis of Medigus (MDGS) stock is negative.

Medigus Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.