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Stock Trend Analysis Report

Prepared for you on Tuesday, July 23, 2024.

MITSUBISHI ELEC UNSP/ADR (NASDAQ:MIELY)

Sidelines Mode (+55) - MIELY is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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

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

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NASDAQ_MIELY
Open High Low MIELY Price Change
34.645 34.645 34.360 34.400 -0.570
Entry Signal

MarketClub’s Trade Triangles for MIELY

long term down The long-term trend has been DOWN since Jun 27th, 2024 at 30.40

intermediate term up The intermediate-term trend has been UP since Jul 8th, 2024 at 34.19

short term down The short-term trend has been DOWN since Jul 22nd, 2024 at 34.99

Smart Scan Analysis for MIELY

Based on our trend formula, MIELY is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for MIELY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
34.645 34.645 34.360 34.400 -0.570
Prev. Close Volume Bid Ask Time
34.970 29099 2024-07-23 15:59:00
Year High39.47Year High Date2018-01-19
Year Low22.8Year Low Date2018-10-29
52wk High38.4852wk High Date2024-05-06
52wk Low22.5452wk Low Date2023-10-30
Year End Close16.99Average Volume54,861
Shares Outstanding1,073,520% Institutional0.1
Assets616,734,000MLiabilities242,801,600M
Beta0.85Volatility34.42
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