CBOEETF · Weekly research terminal

MDEV

FIRST TRUST INDXX MEDICAL DEVICES ETF

US

Latest week
7 Aug 2026
Weekly close
20.91 USD
Fair value
20.19 USD
Next-week expectancy
Undecided 48.59%
SM Sharemaestro
Institutional Weekly Chart Pack Completed-week market evidence · Maximum 156 weeks

CBOE · ETF · United States

MDEV

FIRST TRUST INDXX MEDICAL DEVICES ETF

Last updated
7 Aug 2026
Exchange
CBOE · CBOE
Sector
Not classified
Industry
Not classified
Currency
USD
Market capitalisation
Not available
Fair value reference
20.19
Next-week expectancy
Undecided · 48.59%

Over the latest 12 completed weeks ending 2026-08-07, MDEV rose 11.29%, moving from 18.79 to 20.91. The latest weekly close is above the Trend Line and above Fair Value. Trend Signal is inactive on the latest week and was active in 0 of the last 12 weeks. Relative Strength is -7.30 and has improved across the 12-week window. Market Dynamics is 0.99 on the latest week. Next-week expectancy is undecided at 48.59% based on similar historical setup states.

Week Ending
7 Aug 2026
Latest Close
20.91
12-Week Change
11.29%
Trend Signal
Inactive
Next-Week Expectancy
Undecided 48.59%
Signal Weeks
0 of 12

Weekly Price

Weekly Close Trend Line Fair Value Activity Lines

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Chart Summary

Key Points

Week Ending
7 Aug 2026
Latest Close
20.91
12-Week Change
11.29%
Trend Signal
Inactive
Next-Week Expectancy
Undecided 48.59%
Signal Weeks
0 of 12
Vs Trend Line
Above
Vs Fair Value
Above
Relative Strength
-7.30
Market Dynamics
0.99

Over the latest 12 completed weeks ending 2026-08-07, MDEV rose 11.29%, moving from 18.79 to 20.91. The latest weekly close is above the Trend Line and above Fair Value. Trend Signal is inactive on the latest week and was active in 0 of the last 12 weeks. Relative Strength is -7.30 and has improved across the 12-week window. Market Dynamics is 0.99 on the latest week. Next-week expectancy is undecided at 48.59% based on similar historical setup states.

Next-week expectancy

Next-week expectancy is a short-term historical read. It compares the latest completed-week setup with broadly similar past setups and asks whether the following week tended to close higher or lower.

It is not a trend call, a price target, or a guarantee. A positive read can appear while price is below trend or activity pressure is weak, because it is measuring short-term follow-through odds for the current setup state.

Use it as one context layer beside Trend Line, Relative Strength, Market Dynamics, Fair Value, and the visible price structure.

Evidence context