Stock Trend Analysis Report
Prepared for you on Sunday, October 24, 2021.
MINISO Group Holding Limited American Depositary Shares, each representing four Class A Ordinary Shares (NYSE:MNSO)
Sidelines Mode (+55) - MNSO is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid MNSO?
MarketClub looks at technical strength and momentum to determine if the timing is right for MNSO.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MNSO
The long-term trend has been DOWN since Jun 29th, 2021 at 20.24
The intermediate-term trend has been UP since Sep 27th, 2021 at 14.29
The short-term trend has been DOWN since Oct 22nd, 2021 at 15.95
Smart Scan Analysis for MNSO
Based on our trend formula, MNSO is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||35.21||52wk High Date||2021-02-09|
|52wk Low||12.05||52wk Low Date||2021-08-23|