Mimedx Group is up a bit on the day, funds flowing in kept the price up 2.53% since yesterday. It looks like MDXG may be interacting with a slightly angled support line. This area could represent a pivot point that it moves up from. MDXG hasn't had very clear momentum over the last 3 months and has sort of been bouncing around so that doesn't make me feel very certain that it can punsh through the line.
If we get a reversal off of support and Mimedx Group starts moving up, it can probably get to $8.405 at which point it'll need to break through that resistance level in order to keep moving higher. If it fails to bounce off this level and breaks down lower, it will most likely find the nearest support a the $5.62
at which point, it may have a chance of recovering from there.
The analysts are pretty neutral on MiMedx Group right now, so not much useful information here. The current Analysts Sentiment Score is 0.49. Most companies range between (-200 to 200).
Here's a break down of the latest rating changes. Mizuho gave a boost to their price target and moved to $14.00 from $13.00 on 2024-03-01. Craig Hallum initiated a rating of Buy on 2023-10-27 and provided a price target of $12.00. HC Wainwright gave a boost to their price target and moved to $11.00 from $8.00 on 2023-08-02.
| Company | Ratings Score
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Composite analyst sentiment score
|
Positive Ratings | Negative Ratings | Boost Price Target | Lower Price Target |
|---|---|---|---|---|---|
| MDXG | 0.49 | 0.45 | 0 | 0.54 | 0 |
| Company | YOY Growth Score (typical -20 to +20) | Revision Directions (-6 to +6) |
|---|---|---|
| MDXG | 0.00 | 0.00 |
We take into account several different measures of short interest to create a composite score. These measures are shown in the chart below. Short selling is when investors are betting against a stock. We compile these factors to create a dynamic Short Score - this can indicate poor sentiment, internal problems with a company or industry and the anticipation of future price declines. We look at the short interest percent, days to cover, the rate of change and total shares sold short.
| Company | Short Score (typical 1-15)
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We take into account several different measures and attributes of short interest to create a composite sentiment score. typical range (0 - 30)
|
Short Interest | Days to Cover | Rate of Change | Shares Short |
|---|---|---|---|---|---|
| MDXG | 6.36 | %4.3 | 7.3 | 21.054 | 4710000 |
| Segment | Count | 1 Day% | 5 Day | 1 Month | 3 Month | 6 Month | 1 Year | RSI | 3mo S-momo ? | 6mo S-momo | 1yr S-momo | Resistance ? | Support | Demark Sell ? | Demark Buy | Short Interest | Analysts Ratings ? |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Medical Devices | 23 | 2.31 | 1.68 | 0.22 | -0.53 | 6.45 | 8.02 | 42.13 | 3.14 | 8.70 | 14.81 | -30666.84 | -9306.96 | 5.43 | 0.00 | 4.60 | 0.71 |
| Healthcare | 221 | 1.83 | -2.17 | -4.06 | -6.43 | -7.06 | 0.60 | 42.13 | 7.10 | -10.38 | -6.71 | -21013.92 | -12401.53 | 9.73 | 4.41 | 6.59 | 1.26 |
Social Sentiment is an aggregation of several different factors such as news, articles, blogs, user content, ratings, etc. Which is shown in the chart below. It may become predictive of a reversal if price and the sentiment diverge. Broader market forces may push prices up or down but if market participants maintain a different view on a specific stock, it may be taken as an opportunity to buy or sell in those cases.
| Ticker | Social Sentiment(1-10) |
|---|---|
| MDXG |
How to use: use the research links to research the asset. Then simply type in a score for each category between (01, 02, 03, 04, 05). 05 being the most bullish and 01 being the most bearish. It will automatically calculate the average and combine it with the technical score to create an overall score to rank prospects by. You can also type notes into each field.
