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Stock Trend Analysis Report
Prepared for you on Monday, December 2, 2024.
MingZhu Logistics Holdings Limited - Ordinary Shares (NASDAQ:YGMZ)
Long-Term Downtrend (-90) - YGMZ is in a strong downtrend that is likely to continue. While YGMZ is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid YGMZ?
MarketClub looks at technical strength and momentum to determine if the timing is right for YGMZ.
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 YGMZ
The long-term trend has been DOWN since Mar 25th, 2024 at 0.4110
The intermediate-term trend has been DOWN since Nov 11th, 2024 at 1.2400
The short-term trend has been DOWN since Dec 2nd, 2024 at 1.0801
Smart Scan Analysis for YGMZ
Based on our trend formula, YGMZ is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.0700 | 1.1200 | 1.0300 | 1.1200 | +0.0381 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.0819 | 21223 | 2024-12-02 15:59:15 |
| 52wk High | 6.239992 | 52wk High Date | 2024-03-06 |
| 52wk Low | 0.908 | 52wk Low Date | 2024-08-16 |
| Average Volume | 13,593 | Shares Outstanding | 1,544 |
| Assets | 127,354,302M | Liabilities | 82,797,349M |