Stock Trend Analysis Report
Prepared for you on Monday, June 14, 2021.
Pingtan Marine Enterprises Ltd (NASDAQ:PME)
Weak Downtrend (-65) - PME is showing signs of a strengthening downtrend. Monitor PME as it may be building momentum to the downside.
Is it time to buy, sell, or avoid PME?
MarketClub looks at technical strength and momentum to determine if the timing is right for PME.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PME
The long-term trend has been DOWN since Feb 23rd, 2021 at 1.42
The intermediate-term trend has been DOWN since May 13th, 2021 at 1.01
The short-term trend has been UP since Jun 10th, 2021 at 0.98
Smart Scan Analysis for PME
Based on our trend formula, PME is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||4.2||Year High Date||2018-04-12|
|Year Low||1.71||Year Low Date||2018-10-23|
|52wk High||2.5||52wk High Date||2020-10-26|
|52wk Low||0.8||52wk Low Date||2020-08-17|
|Average Volume||178,353||Shares Outstanding||79,302|