Technical Analysis for MHUA - Meihua International Medical Technologies Co., Ltd.

Grade Last Price % Change Price Change
C 6.51 -7.00% -0.49
MHUA closed down 7.0 percent on Monday, May 16, 2022, on 19 percent of normal volume. The bears made the stock sink to a new 52-week low. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent N/A Down Down

Date Alert Name Type % Chg
New 52 Week Low Weakness 0.00%
Stochastic Reached Oversold Weakness 0.00%
Wide Bands Range Expansion 0.00%
Below Lower BB Weakness 0.00%
Down 3 Days in a Row Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup -7.00%
Outside Day Range Expansion -7.00%
Oversold Stochastic Weakness -7.00%

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Lizard Bullish Entry 11 days ago
Rose Above Previous Day's High 11 days ago
Outside Day 11 days ago
Down 5% 11 days ago
Down 3% 11 days ago

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Profile

Meihua International Medical Technologies Co., Ltd. Description

Meihua International Medical Technologies Co., Ltd. engages in the manufacture and marketing of medical consumables in the People's Republic of China. It offers class I, II, and III disposable medical devices. The company's products include non-bottled products, such as brushes and ID bracelets; and polyethylene bottled products, such as eye drop and tablet bottles. It also distributes disposable medical devices sourced from other manufacturers to customers in China. The company serves hospitals, pharmacies, medical institutions, and medical equipment companies. It also exports its products to Europe, North America, South America, Asia, Africa, and Oceania. The company was founded in 1991 and is based in Yangzhou, the People's Republic of China. Meihua International Medical Technologies Co., Ltd. operates as a subsidiary of Bright Accomplish Limited.


Classification

Sector: Healthcare
Industry: Medical Instruments & Supplies
Keywords: Pollution Waste Management Medical Device Disposable Product

Is MHUA a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 14.8
52 Week Low 6.0162
Average Volume 14,414
200-Day Moving Average 0.00
50-Day Moving Average 8.13
20-Day Moving Average 8.02
10-Day Moving Average 7.53
Average True Range 0.65
RSI 25.93
ADX 20.89
+DI 16.72
-DI 32.72
Chandelier Exit (Long, 3 ATRs) 8.49
Chandelier Exit (Short, 3 ATRs) 7.96
Upper Bollinger Bands 9.34
Lower Bollinger Band 6.70
Percent B (%b) -0.07
BandWidth 32.89
MACD Line -0.43
MACD Signal Line -0.26
MACD Histogram -0.1688
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 8.09
Resistance 3 (R3) 8.10 7.59 7.83
Resistance 2 (R2) 7.59 7.18 7.58 7.74
Resistance 1 (R1) 7.05 6.93 6.79 7.04 7.65
Pivot Point 6.53 6.53 6.40 6.53 6.53
Support 1 (S1) 5.99 6.13 5.74 5.98 5.37
Support 2 (S2) 5.48 5.88 5.47 5.28
Support 3 (S3) 4.94 5.48 5.19
Support 4 (S4) 4.93