MENU
+Compare
MDEV
ETF ticker: BATS
AS OF
Oct 16 closing price
Price
$20.37
Change
+$0.28 (+1.39%)
Net Assets
2.04M

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
Show more...
Interact to see
Advertisement
A.I.Advisor
a Summary for MDEV with price predictions
Oct 16, 2025

MDEV in downward trend: 10-day moving average crossed below 50-day moving average on October 16, 2025

The 10-day moving average for MDEV crossed bearishly below the 50-day moving average on October 16, 2025. This indicates that the trend has shifted lower and could be considered a sell signal. In of 15 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 Momentum Indicator moved below the 0 level on October 14, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on MDEV as a result. In of 72 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 October 13, 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 38 similar instances when the indicator turned negative. In of the 38 cases the stock turned lower in the days that followed. This puts the odds of success at .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where MDEV declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

MDEV broke above its upper Bollinger Band on October 06, 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 Aroon Indicator for MDEV entered a downward trend on October 08, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Bullish Trend Analysis

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where MDEV's RSI Oscillator exited the oversold zone, of 35 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Stochastic Oscillator demonstrated that the ticker has stayed in the oversold zone for 2 days, which means it's wise to expect a price bounce in the near future.

MDEV moved above its 50-day moving average on October 16, 2025 date and that indicates a change from a downward trend to an upward trend.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where MDEV advanced for three days, in of 245 cases, the price rose further within the following month. The odds of a continued upward trend are .

View a ticker or compare two or three
MDEV
Daily Signalchanged days ago
Gain/Loss if bought
Show more...
Interact to see
Advertisement
A.I. Advisor
published General Information

General Information

Category Health

Profile
Fundamentals
Details
Category
Health
Address
Wheaton
Phone
N/A
Web
www.ftportfolios.com
Interesting Tickers
1D
1W
1M
1Q
6M
1Y
5Y
1 Day
STOCK / NAMEPrice $Chg $Chg %
CHKIF0.53N/A
N/A
China Southern Airlines Co. Ltd.
MCRPF1.63N/A
N/A
Microport Scientific Corp.
WSSH31.50N/A
N/A
West Shore Bank Corp.
OISXF7.47N/A
N/A
OISIX RA Daichi Inc.
FUNTF0.25N/A
N/A
FOUNTAINHALL CAP CORP.

MDEV and ETFs

Correlation & Price change

A.I.dvisor indicates that over the last year, MDEV has been loosely correlated with IXJ. These tickers have moved in lockstep 56% of the time. This A.I.-generated data suggests there is some statistical probability that if MDEV jumps, then IXJ could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To MDEV
1D Price
Change %
MDEV100%
+1.43%
IXJ - MDEV
56%
Loosely correlated
+0.26%
IBB - MDEV
10%
Poorly correlated
+0.02%
XLV - MDEV
9%
Poorly correlated
-0.17%
VHT - MDEV
9%
Poorly correlated
-0.12%
XBI - MDEV
9%
Poorly correlated
-0.42%
More