Medigus Ltd. – American Depositary Share (NASDAQ:MDGS) share price plunged -13.97% or -0.38 points to reach at $2.34 during previous trading session. The stock’s price fluctuated within the range of $2.17 – $3.35 during previous trading session. A total of 2.36M shares exchanged hands, whereas the company’s average trading volume stands at 72,653 shares. Medigus Ltd. – American Depositary Share (NASDAQ:MDGS) has a market capitalization of $2.40M and most recently 88,860M outstanding shares have been calculated.
In terms of market analysis and trading signals, RSI moving above the horizontal 30 reference level is viewed as a bullish indicator, while the RSI moving below the horizontal 70 reference level is seen to be a bearish indicator. Movements above 70 are interpreted as indicating overbought conditions; conversely, movements under 30 reflect oversold conditions.
Relative strength index (RSI-14) for Medigus Ltd. – American Depositary Share (NASDAQ:MDGS) is at 27.09.
On technical side, moving averages may help to distinguish direction of tendencies, and they might also be used to set levels of sustenance and resistance. Medigus Ltd. – American Depositary Share (NASDAQ:MDGS)’s distance from 20 day simple moving average is -21.92% whereas its distance from 50 day simple moving average is -53.32% along with -75.74% distance from 200 day simple moving average.
An important factor to consider when evaluating a stock’s current and future value are the 52 week price high and low levels. Medigus Ltd. – American Depositary Share (NASDAQ:MDGS) hit its 52-week high price on 07/27/16 and 52-week low price on 04/27/17.
When we have a peek on stock’s historical trends we come to know that, the stock has slipped -16.73% in the past one week and plunged -25.71% during previous one month drive, the stock went down -55.85% during past quarter. In the last six months the stock’s performance fell -80.66% while yearly performance of the company fell -87.49%. The company’s year to date (YTD) performance is at -58.58%.
While taking a glance at financials, we can look at a number of key indicators. Medigus Ltd. – American Depositary Share (NASDAQ:MDGS) Average true range (ATR-14) of the company sets at 0.34, along with its weekly and monthly volatility of 14.48%, 7.42% respectively.