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Stock Trend Analysis Report
Prepared for you on Saturday, October 26, 2024.
Meihua International Medical Technologies Co., Ltd. (NASDAQ:MHUA)
Strong Downtrend (-100) - MHUA is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, MHUA continues to fall. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for MHUA
The long-term trend has been DOWN since Aug 5th, 2024 at 0.6300
The intermediate-term trend has been DOWN since Oct 22nd, 2024 at 0.7001
The short-term trend has been DOWN since Oct 22nd, 2024 at 0.7901
Smart Scan Analysis for MHUA
Based on our trend formula, MHUA is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.683900 | 0.697700 | 0.670100 | 0.679649 | -0.002851 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.675200 | 176928 | 2024-10-25 15:59:46 |
| 52wk High | 2.81 | 52wk High Date | 2023-12-27 |
| 52wk Low | 0.601 | 52wk Low Date | 2024-04-16 |
| Average Volume | 892,952 | Shares Outstanding | 25,000 |
| P/E Ratio | 8.1905 |