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Stock Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Wetouch Technology Inc. (NASDAQ:WETH)
Bull Market Weakness (+75) - WETH is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on WETH as it may be in the beginning stages 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 UP since Jul 8th, 2024 at 3.30
The intermediate-term trend has been DOWN since Oct 31st, 2024 at 1.70
The short-term trend has been UP since Nov 13th, 2024 at 1.69
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 |
|---|---|---|---|---|
| 1.65 | 1.76 | 1.63 | 1.71 | -0.02 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.71 | 144520 | 2024-11-19 15:54:03 |
| 52wk High | 8.2 | 52wk High Date | 2024-02-13 |
| 52wk Low | 1.13 | 52wk Low Date | 2024-05-13 |
| Average Volume | 186,841 | Shares Outstanding | 11,932 |
| Assets | 123,147,198M | Liabilities | 2,607,957M |
| P/E Ratio | 3.5306 |