Stock Trend Analysis Report
Prepared for you on Sunday, December 3, 2023.
MEITUAN UNSP/ADR (NASDAQ:MPNGY)
Long-Term Downtrend (-90) - MPNGY is in a strong downtrend that is likely to continue. While MPNGY 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 MPNGY?
MarketClub looks at technical strength and momentum to determine if the timing is right for MPNGY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MPNGY
The long-term trend has been DOWN since Sep 28th, 2023 at 28.8
The intermediate-term trend has been DOWN since Nov 24th, 2023 at 27.6
The short-term trend has been DOWN since Nov 24th, 2023 at 27.8
Smart Scan Analysis for MPNGY
Based on our trend formula, MPNGY is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||49.84||52wk High Date||2023-01-05|
|52wk Low||22.8||52wk Low Date||2023-11-30|