Stock Trend Analysis Report
Prepared for you on Friday, December 1, 2023.
MINISO Group Holding Limited American Depositary Shares, each representing four Ordinary Shares (NYSE:MNSO)
Long-Term Downtrend (-90) - MNSO is in a strong downtrend that is likely to continue. While MNSO 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 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 Dec 1st, 2023 at 23.470
The intermediate-term trend has been DOWN since Nov 21st, 2023 at 24.755
The short-term trend has been DOWN since Dec 1st, 2023 at 24.450
Smart Scan Analysis for MNSO
Based on our trend formula, MNSO is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||29.92||52wk High Date||2023-09-15|
|52wk Low||10.23||52wk Low Date||2022-12-07|