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Stock Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Meihua International Medical Technologies Co., Ltd. (NASDAQ:MHUA)
Bear Market Rally (-75) - MHUA is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on MHUA as it may be in the beginning of a reversal.
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 DOWN since Aug 5th, 2024 at 0.6300
The intermediate-term trend has been DOWN since Dec 18th, 2024 at 0.4588
The short-term trend has been UP since Dec 24th, 2024 at 0.3299
Smart Scan Analysis for MHUA
Based on our trend formula, MHUA is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.347500 | 0.377200 | 0.315000 | 0.374209 | +0.026209 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.348000 | 129869 | 2024-12-26 14:49:57 |
| 52wk High | 2.81 | 52wk High Date | 2023-12-27 |
| 52wk Low | 0.25 | 52wk Low Date | 2024-12-18 |
| Average Volume | 1,277,540 | Shares Outstanding | 25,000 |
| P/E Ratio | 8.1905 |