Technical Analysis for PAVS - Paranovus Entertainment Technology Ltd.

Grade Last Price % Change Price Change
F 1.14 0.00% 0.00
PAVS closed unchanged on Thursday, April 18, 2024, on 35 percent of normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down

Date Alert Name Type % Chg
Calm After Storm Range Contraction 0.00%
Narrow Range Bar Range Contraction 0.00%
Lower Bollinger Band Walk Weakness 0.00%
Wide Bands Range Expansion 0.00%
Gapped Down Weakness 0.00%
Oversold Stochastic Weakness 0.00%
New Downtrend Bearish 0.00%
Calm After Storm Range Contraction 0.00%
Lower Bollinger Band Walk Weakness 0.00%
Wide Bands Range Expansion 0.00%

   Recent Intraday Alerts

Alert Time
Possible Inside Day about 9 hours ago
Gap Down Partially Closed about 13 hours ago
Gapped Down (Partial) about 13 hours ago
Down 5% about 13 hours ago
Down 3% about 13 hours ago

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Profile

Paranovus Entertainment Technology Ltd. Description

Headquartered in Nanping, China, Paranovus Entertainment Technology Ltd. (fka Happiness Development Group Limited) currently has three business lines: nutraceutical and dietary supplements, e-commerce and automobile sales. The nutrition and dietary supplements business is focusing on the research, development, manufacture and marketing of various products made from Chinese herbal extracts and other ingredients. Over the past 17 years, we have established a product portfolio consisting of 23 PRC National Medical Products Administration registered "Blue-Cap" SKUs of nutraceutical and dietary supplements products. Our e-commerce business focuses on offering e-commerce solutions, including advertising and information technology services to small and medium-sized enterprises in China. We also run our online stores which carries our products of dietary supplements and other selected products sourced from the small and medium-sized enterprises in China. Our mission for the e-commerce business is to enable small and medium-sized enterprises to fully leverage the power of e-commerce to grow rapidly. Our automobile sales adopts the B2B business model and is committed to optimizing the auto supply chain by connecting car dealers on our online automobile sales platform and offering the overall services for purchasing automobiles.


Classification

Sector: Healthcare
Industry: Drug Manufacturers - Specialty & Generic
Keywords: E Commerce Dietary Supplement Information Technology Services Nutraceutical E Commerce Solutions

Is PAVS 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 5.03
52 Week Low 0.9912
Average Volume 5,762
200-Day Moving Average 2.51
50-Day Moving Average 1.90
20-Day Moving Average 1.56
10-Day Moving Average 1.35
Average True Range 0.17
RSI (14) 28.57
ADX 26.77
+DI 10.06
-DI 29.48
Chandelier Exit (Long, 3 ATRs) 1.49
Chandelier Exit (Short, 3 ATRs) 1.49
Upper Bollinger Bands 2.08
Lower Bollinger Band 1.03
Percent B (%b) 0.1
BandWidth 67.27
MACD Line -0.22
MACD Signal Line -0.17
MACD Histogram -0.044
Fundamentals Value
Market Cap 7.67 Million
Num Shares 6.72 Million
EPS -9.57
Price-to-Earnings (P/E) Ratio -0.12
Price-to-Sales 0.20
Price-to-Book 1.52
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 1.25
Resistance 3 (R3) 1.23 1.19 1.23
Resistance 2 (R2) 1.19 1.16 1.19 1.22
Resistance 1 (R1) 1.16 1.14 1.18 1.18 1.22
Pivot Point 1.12 1.12 1.12 1.12 1.12
Support 1 (S1) 1.09 1.09 1.11 1.11 1.06
Support 2 (S2) 1.05 1.07 1.05 1.06
Support 3 (S3) 1.02 1.05 1.05
Support 4 (S4) 1.04