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Stock Trend Analysis Report
Prepared for you on Wednesday, March 22, 2023.
Meihua International Medical Technologies Co., Ltd. (NASDAQ:MHUA)
Crossroads (-60) - MHUA is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid MHUA?
MarketClub looks at technical strength and momentum to determine if the timing is right for MHUA.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for MHUA
The long-term trend has been UP since Aug 2nd, 2022 at 7.99
The intermediate-term trend has been DOWN since Mar 10th, 2023 at 15.71
The short-term trend has been DOWN since Mar 20th, 2023 at 11.00
Smart Scan Analysis for MHUA
Based on our trend formula, MHUA is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 11.850 | 13.480 | 11.500 | 12.519 | +1.199 |
| Prev. Close | Volume | Bid | Ask | Time |
| 12.350 | 46355 | 2023-03-21 15:59:19 |
| 52wk High | 45.49 | 52wk High Date | 2023-02-22 |
| 52wk Low | 2.6 | 52wk Low Date | 2022-07-26 |
| Average Volume | 41,708 | Shares Outstanding | 25,000 |
| P/E Ratio | 8.1905 |