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Stock Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

BIMI International Medical Inc. (NASDAQ:BIMI)

Sidelines Mode (+50) - BIMI is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until BIMI can gain momentum.

Is it time to buy, sell, or avoid BIMI?

MarketClub looks at technical strength and momentum to determine if the timing is right for BIMI.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_BIMI
Open High Low BIMI Price Change
1.1500 1.1500 1.1200 1.1444 +0.0194
Entry Signal

MarketClub’s Trade Triangles for BIMI

long term down The long-term trend has been DOWN since Mar 22nd, 2024 at 1.7600

intermediate term up The intermediate-term trend has been UP since Apr 17th, 2024 at 2.0858

short term up The short-term trend has been UP since May 8th, 2024 at 1.1500

Smart Scan Analysis for BIMI

Based on our trend formula, BIMI is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for BIMI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.1500 1.1500 1.1200 1.1444 +0.0194
Prev. Close Volume Bid Ask Time
1.1250 18206 2024-05-09 15:35:33
52wk High4.1352wk High Date2024-02-27
52wk Low0.77252wk Low Date2023-05-10
Average Volume64,681Shares Outstanding11,590
Market Cap11MAssets35,040,949M
Liabilities26,334,388MP/E Ratio-0.03670000
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