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Stock Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

MITSUBISHI ELEC UNSP/ADR (NASDAQ:MIELY)

Countertrend Up (+85) - MIELY is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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

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

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NASDAQ_MIELY
Open High Low MIELY Price Change
35.0801 36.5000 35.0801 36.4500 -0.3095
Entry Signal

MarketClub’s Trade Triangles for MIELY

long term up The long-term trend has been UP since Nov 20th, 2023 at 27.20

intermediate term up The intermediate-term trend has been UP since Apr 30th, 2024 at 33.92

short term down The short-term trend has been DOWN since May 8th, 2024 at 36.72

Smart Scan Analysis for MIELY

Based on our trend formula, MIELY is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for MIELY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
35.0801 36.5000 35.0801 36.4500 -0.3095
Prev. Close Volume Bid Ask Time
36.4500 28615 2024-05-08 15:59:00
Year High39.47Year High Date2018-01-19
Year Low22.8Year Low Date2018-10-29
52wk High38.4852wk High Date2024-05-06
52wk Low22.5452wk Low Date2023-10-30
Year End Close16.99Average Volume43,222
Shares Outstanding1,073,520% Institutional0.1
Assets558,251,900MLiabilities234,349,200M
Beta0.85Volatility34.42
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