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MDEV
ETF ticker: BATS
AS OF
Aug 4 closing price
Price
$19.88
Change
-$0.52 (-2.55%)
Net Assets
2.01M

MDEV First Trust Indxx Global Mdcl Dvcs ETF Forecast, Technical & Fundamental Analysis

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

Category: #Health
MDEV
Daily Signalchanged days ago
Gain/Loss if bought
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A.I.Advisor
a Summary for MDEV with price predictions
Aug 08, 2025

MDEV in downward trend: 10-day moving average crossed below 50-day moving average on August 08, 2025

The 10-day moving average for MDEV crossed bearishly below the 50-day moving average on August 08, 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 .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The 10-day RSI Indicator for MDEV moved out of overbought territory on July 28, 2025. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 24 similar instances where the indicator moved out of overbought territory. In of the 24 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Momentum Indicator moved below the 0 level on August 04, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on MDEV as a result. In of 67 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for MDEV turned negative on August 04, 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 36 similar instances when the indicator turned negative. In of the 36 cases the stock turned lower in the days that followed. This puts the odds of success at .

MDEV moved below its 50-day moving average on August 04, 2025 date and that indicates a change from an upward trend to a downward trend.

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.

Bullish Trend Analysis

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 3 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

The Aroon Indicator entered an Uptrend today. In of 224 cases where MDEV Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

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MDEV
Daily Signalchanged days ago
Gain/Loss if bought
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A.I. Advisor
published General Information

General Information

Category Health

Profile
Fundamentals
Details
Category
Health
Address
Wheaton
Phone
N/A
Web
www.ftportfolios.com
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MDEV and ETFs

Correlation & Price change

A.I.dvisor tells us that MDEV and XLV have been poorly correlated (+11% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that MDEV and XLV's prices will move in lockstep.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To MDEV
1D Price
Change %
MDEV100%
N/A
XLV - MDEV
11%
Poorly correlated
+0.89%
VHT - MDEV
9%
Poorly correlated
+0.85%
IHI - MDEV
5%
Poorly correlated
+1.12%
IBB - MDEV
4%
Poorly correlated
+0.62%
XBI - MDEV
0%
Poorly correlated
+0.13%