MEIHUA INTERNATIONAL MEDICAL (MHUA) Stock Technical Analysis
NASDAQ:MHUA - Nasdaq - KYG5966G1082 - Common Stock - Currency: USD
Overall MHUA gets a technical rating of 5 out of 10. MHUA has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
When comparing the yearly performance of all stocks, MHUA is a bad performer in the overall market: 83% of all stocks are doing better.
MHUA is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so MHUA is lagging the market.
In the last month MHUA has a been trading in the 0.30 - 0.64 range, which is quite wide. It is currently trading near the lows of this range.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
MHUA is part of the Health Care Equipment & Supplies industry. There are 187 other stocks in this industry, MHUA did better than 48% of them.
Considerably lower volume is observed in the last couple of days.
MHUA has an average technical rating and the quality of the presented setup is also not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
0.27
0.60
We found 2 important support areas.
- Support @0.35 from a trend line in the daily time frame.
- Support @0.27 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @0.59 from a trend line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for MHUA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MHUA is neutral. |
| ChartMill Relative Strength | 17.75 | NEGATIVE | MHUA has a low relative strength, it was outperformed by 82.25% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of MHUA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MHUA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MHUA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.03 | NEUTRAL | The RSI value for MHUA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests MHUA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 25.06 | NEUTRAL | The Stochastics value for MHUA is a neutral value. |
| Average True Range in percent/ATR (20) | 16.77 | HIGH VOLATILITY | The high ATR as a percentage value for MHUA suggests high volalility. |
| Average Directional Index/ADX (14) | 28.58 | POSITIVE | The high ADX value value for MHUA suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
0.4099
+0.03 (+8.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg8.44%
1 Week7.87%
2 Weeks-27.08%
1 Month6.69%
3 Month19.89%
6 Month32.31%
12 Month-49.74%
2 Year-85.62%
3 Year-92.27%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%16.77%
ATR Inc-65.1%
Range Today0.04
ADR(20)0.07
ADR(20)%16.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.75
Mansfield-3.09
10 Day High0.63
10 Day Low0.3
20 Day High0.64
20 Day Low0.3
52 Week High1.47
52 Week Low0.25
CS1 End0.35
CR1 Start0.59
Volume & EV
DER(3)-2.72%
DER(5)-5.64%
Volume97.70K
Volume Incr-30.63%
Vol(5)199.80K
Vol(50)328.63K