Stock Trend Analysis Report
Prepared for you on Monday, June 1, 2020.
NF Energy Saving Corporation (NASDAQ:BIMI)
Long-Term Downtrend (-90) - BIMI is in a strong downtrend that is likely to continue. While BIMI is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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.
MarketClub’s Trade Triangles for BIMI
The long-term trend has been DOWN since Mar 16th, 2020 at 2.34
The intermediate-term trend has been DOWN since May 15th, 2020 at 2.48
The short-term trend has been DOWN since May 12th, 2020 at 2.95
Smart Scan Analysis for BIMI
Based on our trend formula, BIMI is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||12||52wk High Date||2019-10-15|
|52wk Low||1.03||52wk Low Date||2019-09-30|
|Average Volume||563,367||Shares Outstanding||9,073|