Free Daily Analysis
Stock Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
Wetouch Technology Inc. (NASDAQ:WETH)
Bear Market Rally (-75) - WETH is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on WETH as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid WETH?
MarketClub looks at technical strength and momentum to determine if the timing is right for WETH.
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 WETH
The long-term trend has been DOWN since Jan 31st, 2025 at 1.42
The intermediate-term trend has been DOWN since Apr 7th, 2025 at 1.28
The short-term trend has been UP since Apr 22nd, 2025 at 1.27
Smart Scan Analysis for WETH
Based on our trend formula, WETH is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.900800 | 0.930000 | 0.882700 | 0.921999 | -0.015801 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.921999 | 50130 | 2025-05-08 15:58:48 |
| 52wk High | 3.62 | 52wk High Date | 2024-07-08 |
| 52wk Low | 0.7602 | 52wk Low Date | 2025-04-24 |
| Average Volume | 252,986 | Shares Outstanding | 11,932 |
| Assets | 133,143,876M | Liabilities | 3,668,530M |
| P/E Ratio | 2.9796 |