Stock Trend Analysis Report
Prepared for you on Saturday, July 2, 2022.
Pingtan Marine Enterprise Ltd. - Ordinary Shares (NASDAQ:PME)
Weak Downtrend (-65) - PME is showing signs of a strengthening downtrend. Monitor PME as it may be building momentum to the downside.
Is it time to buy, sell, or avoid PME?
MarketClub looks at technical strength and momentum to determine if the timing is right for PME.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PME
The long-term trend has been UP since May 2nd, 2022 at 0.7500
The intermediate-term trend has been DOWN since Jun 28th, 2022 at 0.9651
The short-term trend has been DOWN since Jun 28th, 2022 at 0.9816
Smart Scan Analysis for PME
Based on our trend formula, PME is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||4.2||Year High Date||2018-04-12|
|Year Low||1.71||Year Low Date||2018-10-23|
|52wk High||1.12||52wk High Date||2022-06-10|
|52wk Low||0.4222||52wk Low Date||2021-12-29|
|Average Volume||229,072||Shares Outstanding||85,941|