Stock Trend Analysis Report
Prepared for you on Thursday, May 26, 2022.
WETOUCH TECHNOLOGY INC (NASDAQ:WETH)
Crossroads (-60) - WETH is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid WETH?
MarketClub looks at technical strength and momentum to determine if the timing is right for WETH.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for WETH
The long-term trend has been UP since May 3rd, 2022 at 0.90000
The intermediate-term trend has been DOWN since May 23rd, 2022 at 0.79995
The short-term trend has been DOWN since May 23rd, 2022 at 0.84000
Smart Scan Analysis for WETH
Based on our trend formula, WETH is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||3||52wk High Date||2021-06-18|
|52wk Low||0.4606||52wk Low Date||2022-01-12|