MEIHUA INTERNATIONAL MEDICAL (MHUA)
KYG5966G1082 - Common Stock
We assign a technical rating of 3 out of 10 to MHUA. In the past year, MHUA was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
95% of all other stocks performed better in the past year than MHUA.
MHUA is part of the Health Care Equipment & Supplies industry. There are 193 other stocks in this industry, of which 79% are performing better than MHUA.
MHUA is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
In the last month MHUA has a been trading in the 0.60 - 0.82 range, which is quite wide. It is currently trading near the high of this range.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
MHUA has a poor technical rating and the quality of the setup is also not perfect 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
0.67
1.49
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.72 to 0.73. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 0.68 to 0.68. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 0.79 to 0.79. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.90 from a trend line in the weekly time frame.
- Resistance @1.48 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.9
Mansfield-6.24
10 Day High0.82
10 Day Low0.66
20 Day High0.82
20 Day Low0.6
52 Week High4.19
52 Week Low0.6
Performance
1 Week9.02%
2 Weeks13.52%
1 Month21.17%
3 Month-13.45%
6 Month-60.26%
12 Month-77.47%
2 Year-86.52%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.01
RSI(14)60.5
LBB0.66
UBB0.78
MEIHUA INTERNATIONAL MEDICAL
NASDAQ:MHUA (5/17/2024, 7:13:10 PM)
0.775
+0.04 (+4.73%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg4.73%
1 Week9.02%
2 Weeks13.52%
1 Month21.17%
3 Month-13.45%
6 Month-60.26%
12 Month-77.47%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.05
ATR(20)%6.96%
ATR Inc
Range Today0.05
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High0.82
10 Day Low0.66
20 Day High0.82
20 Day Low0.6
52 Week High4.19
52 Week Low0.6
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume77.30K
Volume Incr-0.61%
Vol(5)35.16K
Vol(50)57.48K