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
MDEV saw its Momentum Indicator move above the 0 level on June 11, 2025. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 65 similar instances where the indicator turned positive. In of the 65 cases, the stock moved higher in the following days. The odds of a move higher are at .
The Moving Average Convergence Divergence (MACD) for MDEV just turned positive on June 30, 2025. Looking at past instances where MDEV's MACD turned positive, the stock continued to rise in of 34 cases over the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 209 cases where MDEV Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
The RSI Indicator has been in the overbought zone for 2 days. Expect a price pull-back in the near future.
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 49 cases where MDEV's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend 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% | N/A | ||
IBB - MDEV | 10% Poorly correlated | +1.50% | ||
XLV - MDEV | 9% Poorly correlated | -0.99% | ||
VHT - MDEV | 9% Poorly correlated | -0.67% | ||
XBI - MDEV | 9% Poorly correlated | +2.06% | ||
IHI - MDEV | -2% Poorly correlated | -0.77% |