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Stock Trend Analysis Report

Prepared for you on Saturday, July 20, 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.

NASDAQ_YGMZ
Open High Low YGMZ Price Change
1.3700 1.3900 1.3001 1.3700 -0.0300
Entry Signal

MarketClub’s Trade Triangles for YGMZ

long term down The long-term trend has been DOWN since Mar 25th, 2024 at 0.4110

intermediate term down The intermediate-term trend has been DOWN since Jun 25th, 2024 at 0.3400

short term down The short-term trend has been DOWN since Jul 12th, 2024 at 1.2845

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).

-90
Smart Scan Analysis for YGMZ
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.3700 1.3900 1.3001 1.3700 -0.0300
Prev. Close Volume Bid Ask Time
1.3700 74459 2024-07-19 15:59:16
52wk High7.539252wk High Date2023-10-16
52wk Low1.2752wk Low Date2024-07-08
Average Volume554,266Shares Outstanding1,544
Assets127,354,302MLiabilities82,797,349M
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