Meihua International Medical Stock Technical Analysis

MHUA Stock  USD 0.59  0.13  18.06%   
As of the 26th of November, Meihua International secures the Risk Adjusted Performance of 0.0453, downside deviation of 9.37, and Mean Deviation of 6.19. In connection with fundamental indicators, the technical analysis model lets you check existing technical drivers of Meihua International, as well as the relationship between them.

Meihua International Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Meihua, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Meihua
  
Meihua International's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.
Meihua International technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Meihua International technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Meihua International trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Meihua International Technical Analysis

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The output start index for this execution was one with a total number of output elements of sixty. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Meihua International volatility. High ATR values indicate high volatility, and low values indicate low volatility.

Meihua International Trend Analysis

Use this graph to draw trend lines for Meihua International Medical. You can use it to identify possible trend reversals for Meihua International as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual Meihua International price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

Meihua International Best Fit Change Line

The following chart estimates an ordinary least squares regression model for Meihua International Medical applied against its price change over selected period. The best fit line has a slop of   0.01  , which may suggest that Meihua International Medical market price will keep on failing further. It has 122 observation points and a regression sum of squares at 3.87, which is the sum of squared deviations for the predicted Meihua International price change compared to its average price change.

About Meihua International Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of Meihua International Medical on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of Meihua International Medical based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on Meihua International price pattern first instead of the macroeconomic environment surrounding Meihua International. By analyzing Meihua International's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of Meihua International's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to Meihua International specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Days Sales Outstanding303.41321.51373.87208.02
PTB Ratio2.851.40.240.23

Meihua International November 26, 2024 Technical Indicators

Most technical analysis of Meihua help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Meihua from various momentum indicators to cycle indicators. When you analyze Meihua charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

Meihua International November 26, 2024 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as Meihua stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

Complementary Tools for Meihua Stock analysis

When running Meihua International's price analysis, check to measure Meihua International's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Meihua International is operating at the current time. Most of Meihua International's value examination focuses on studying past and present price action to predict the probability of Meihua International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Meihua International's price. Additionally, you may evaluate how the addition of Meihua International to your portfolios can decrease your overall portfolio volatility.
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