The investment seeks investment results that correspond generally to the price and yield (before the fund’s fees and expenses) of an index called the Indxx Global Medical Devices Index... Show more
The 10-day moving average for MDEV crossed bearishly below the 50-day moving average on July 23, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 13 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
The RSI Oscillator demonstrated that the stock has entered the overbought zone. This may point to a price pull-back soon.
The Moving Average Convergence Divergence Histogram (MACD) for MDEV turned negative on July 11, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 35 similar instances when the indicator turned negative. In of the 35 cases the stock turned lower in the days that followed. This puts the odds of success at .
MDEV broke above its upper Bollinger Band on July 25, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 42 cases where MDEV's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Momentum Indicator moved above the 0 level on July 25, 2025. You may want to consider a long position or call options on MDEV as a result. In of 67 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
MDEV moved above its 50-day moving average on July 25, 2025 date and that indicates a change from a downward trend to an upward trend.
The Aroon Indicator entered an Uptrend today. In of 227 cases where MDEV Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
Category Health
A.I.dvisor tells us that MDEV and IBB have been poorly correlated (+10% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that MDEV and IBB's prices will move in lockstep.
Ticker / NAME | Correlation To MDEV | 1D Price Change % | ||
---|---|---|---|---|
MDEV | 100% | +4.90% | ||
IBB - MDEV | 10% Poorly correlated | +0.05% | ||
XLV - MDEV | 9% Poorly correlated | +0.53% | ||
VHT - MDEV | 9% Poorly correlated | +0.55% | ||
XBI - MDEV | 9% Poorly correlated | +0.14% | ||
IHI - MDEV | -2% Poorly correlated | +1.24% |