Stock Trend Analysis Report
Prepared for you on Saturday, June 3, 2023.
WEIDAI LTD ADR (NASDAQ:WEIDY)
Strong Downtrend (-100) - WEIDY is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, WEIDY continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid WEIDY?
MarketClub looks at technical strength and momentum to determine if the timing is right for WEIDY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for WEIDY
The long-term trend has been DOWN since Nov 17th, 2022 at 0.1111
The intermediate-term trend has been DOWN since May 8th, 2023 at 0.0500
The short-term trend has been DOWN since May 8th, 2023 at 0.0510
Smart Scan Analysis for WEIDY
Based on our trend formula, WEIDY is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||0.5399||52wk High Date||2022-07-26|
|52wk Low||0.0002||52wk Low Date||2023-06-01|