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D Medical Industries Ltd. Breaks Below 200-Day Moving Average - Bearish for DMED

By Market News Video Staff, Thursday, May 5, 2:33 PM ET
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In trading on Thursday, shares of D Medical Industries Ltd. (NASDAQ:DMED) crossed below their 200 day moving average of $4.21, changing hands as low as $4.09 per share. D Medical Industries Ltd. shares are currently trading down about 8.3% on the day. The chart below shows the one year performance of DMED shares, versus its 200 day moving average:

D Medical Industries Ltd. 200 Day Moving Average Chart

Looking at the chart above, DMED's low point in its 52 week range is $3.12 per share, with $6.88 as the 52 week high point — that compares with a last trade of $4.18.

DMED operates in the Medical Instruments & Supplies sector, among companies like Accuray Inc (NASDAQ:ARAY) which is up about 0.3% today, and Given Imaging Ltd. (NASDAQ:GIVN) trading lower by about 0.6%. Below is a three month price history chart comparing the stock performance of DMED, versus ARAY and GIVN.

DMED,ARAY,GIVN Relative Performance Chart


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This Article's Word Cloud:   ARAY   Accuray   Average   Below   DMED   GIVN   Industries   Investment   Medical   Moving   NASDAQ   Portfolio   about   above   allows   among   asset   average   below   bonds   chart   classes   companies   completely   countries   currently   designed   growth   hands   history   leads   mdash   moving   operates   performance   point   portfolio   price   program   range   raquo   share   shares   short   stocks   terms   trading   versus   week   with
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