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Stock Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Shengfeng Development Limited - Class A Ordinary Shares (NASDAQ:SFWL)

Weak Downtrend (-65) - SFWL is showing signs of a strengthening downtrend. Monitor SFWL as it may be building momentum to the downside.

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

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

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

NASDAQ_SFWL
Open High Low SFWL Price Change
1.90 1.90 1.73 1.79 -0.10
Entry Signal

MarketClub’s Trade Triangles for SFWL

long term down The long-term trend has been DOWN since Dec 18th, 2023 at 6.50

intermediate term down The intermediate-term trend has been DOWN since Apr 8th, 2024 at 1.59

short term down The short-term trend has been DOWN since May 8th, 2024 at 1.75

Smart Scan Analysis for SFWL

Based on our trend formula, SFWL is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for SFWL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.90 1.90 1.73 1.79 -0.10
Prev. Close Volume Bid Ask Time
1.79 31803 2024-05-08 15:58:26
52wk High17.652wk High Date2023-09-12
52wk Low1.3852wk Low Date2024-04-24
Average Volume457,700
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