MEIHUA INTERNATIONAL MEDICAL (MHUA) Stock Technical Analysis
USA - NASDAQ:MHUA - KYG5966G1082 - Common Stock
We assign a technical rating of 0 out of 10 to MHUA. 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.
MHUA has a poor technical rating and the quality of the setup is also not perfect at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
0.23
When analyzing the resistance we notice 6 important areas.
- A resistance zone ranging from 0.25 to 0.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.30 from a trend line in the daily time frame.
- Resistance @0.38 from a trend line in the weekly time frame.
- Resistance @0.40 from a trend line in the daily time frame.
- Resistance @0.41 from a trend line in the weekly time frame.
- Resistance @0.48 from a horizontal 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 | 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 | 5.23 | NEGATIVE | MHUA has a low relative strength, it was outperformed by 94.77% 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) | 39.11 | NEUTRAL | The RSI value for MHUA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests MHUA has a positive trend. |
| Stochastics (14,3) | 25.25 | NEUTRAL | The Stochastics value for MHUA is a neutral value. |
| Average True Range in percent/ATR (20) | 15.6 | HIGH VOLATILITY | The high ATR as a percentage value for MHUA suggests high volalility. |
| Average Directional Index/ADX (14) | 27.91 | POSITIVE | The high ADX value value for MHUA suggests a strong trend. |
0.2367
+0.01 (+2.96%)
MEIHUA INTERNATIONAL MEDICAL / MHUA FAQ
Can you provide the ChartMill technical rating for MEIHUA INTERNATIONAL MEDICAL?
ChartMill assigns a technical rating of 0 / 10 to MHUA.
Can you provide the trend direction for MEIHUA INTERNATIONAL MEDICAL?
The current trend direction for MEIHUA INTERNATIONAL MEDICAL (MHUA) is Bearish.
What is the RSI signal for MHUA stock?
MEIHUA INTERNATIONAL MEDICAL (MHUA) has an RSI value of 39.109. This indicates that the stock is currently neutral.
What is the MACD signal for MEIHUA INTERNATIONAL MEDICAL (MHUA) stock?
The MACD indicator for MEIHUA INTERNATIONAL MEDICAL (MHUA) has a value of 0.00345254, indicating a bearish trend.
Can you provide the support and resistance levels for MEIHUA INTERNATIONAL MEDICAL?
MEIHUA INTERNATIONAL MEDICAL (MHUA) has a resistance level at 0.25. Check the full technical report for our detailed analysis of MHUA support and resistance levels.