MEIHUA INTL MEDICAL- CLASS A (MHUA) Technical Analysis
NASDAQ:MHUA • KYG5966G1082
Current stock price
MHUA Technical Rating and Analysis
Taking everything into account, MHUA scores 0 out of 10 in our technical rating. MHUA's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 100% of all other stocks performed better in the past year than MHUA.
- MHUA is part of the Health Care Equipment & Supplies industry. There are 187 other stocks in this industry, of which 89% are performing better than MHUA.
- MHUA is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- In the last month MHUA has a been trading in the 7.36 - 25.95 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Considerably lower volume is observed in the last couple of days.
MHUA Weekly and Daily overview Charts
MHUA Setup Rating and Analysis
The technical rating of MHUA is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
MHUA Support and Resistance Analysis
MHUA Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for MHUA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MHUA is down. |
| ChartMill Relative Strength | 0.78 | NEGATIVE | MHUA has a low relative strength, it was outperformed by 99.22% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MHUA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MHUA is below a declining 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) | 26.15 | OVERSOLD | The low RSI value suggests MHUA may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests MHUA has a negative trend. |
| Stochastics (14,3) | 13.55 | OVERSOLD | The low Stochastics value suggests MHUA may be oversold. |
| Average True Range in percent/ATR (20) | 36.4 | HIGH VOLATILITY | The high ATR as a percentage value for MHUA suggests high volalility. |
| Average Directional Index/ADX (14) | 23.8 | NEUTRAL | The ADX value for MHUA suggests a possible start of a new trend. |
MHUA Chart- and CandleStick Pattern Analysis
MHUA Technicals: Chart, Performance Metrics, Trend & Indicators
7.61
-6.41 (-45.72%)
MEIHUA INTL MEDICAL- CLASS A / MHUA TA FAQ
Can you provide the ChartMill technical rating for MEIHUA INTL MEDICAL- CLASS A?
ChartMill assigns a technical rating of 0 / 10 to MHUA.
What is the current trend direction of MEIHUA INTL MEDICAL- CLASS A (MHUA) stock?
The current trend direction for MEIHUA INTL MEDICAL- CLASS A (MHUA) is Bearish.
What is the RSI signal for MEIHUA INTL MEDICAL- CLASS A (MHUA) stock?
MEIHUA INTL MEDICAL- CLASS A (MHUA) has an RSI value of 26.1517. This indicates that the stock is currently oversold.
What is the short term momentum for MEIHUA INTL MEDICAL- CLASS A (MHUA) stock?
The short term momentum for MEIHUA INTL MEDICAL- CLASS A (MHUA) is negative.