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Stock Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Wetouch Technology Inc. (NASDAQ:WETH)
Crossroads (-60) - WETH is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 UP since Jul 8th, 2024 at 3.3000
The intermediate-term trend has been DOWN since Nov 27th, 2024 at 1.4800
The short-term trend has been DOWN since Dec 20th, 2024 at 1.6001
Smart Scan Analysis for WETH
Based on our trend formula, WETH is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.600 | 1.650 | 1.520 | 1.625 | +0.075 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.625 | 382050 | 2024-12-24 12:59:47 |
| 52wk High | 8.2 | 52wk High Date | 2024-02-13 |
| 52wk Low | 1.13 | 52wk Low Date | 2024-05-13 |
| Average Volume | 234,548 | Shares Outstanding | 11,932 |
| Assets | 133,143,876M | Liabilities | 3,668,530M |
| P/E Ratio | 3.3163 |