Meiwu Technology Company Ltd [NASDAQ: WNW] loss -8.54% on the last trading session, reaching $3.00 price per share at the time.
If compared to the average trading volume of 1.37M shares, WNW reached a trading volume of 10976972 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Meiwu Technology Company Ltd [WNW]:
The Average True Range (ATR) for Meiwu Technology Company Ltd is set at 0.44, with the Price to Sales ratio for WNW stock in the period of the last 12 months amounting to 500.23. The Price to Book ratio for the last quarter was 0.96, with the Price to Cash per share for the same quarter was set at 0.05.
Trading performance analysis for WNW stock
Meiwu Technology Company Ltd [WNW] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 7.91. With this latest performance, WNW shares gained by 132.38% in over the last four-week period, additionally plugging by 283.58% over the last 6 months – not to mention a drop of -8.81% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for WNW stock in for the last two-week period is set at 68.19, with the RSI for the last a single of trading hit 66.33, and the three-weeks RSI is set at 68.94 for Meiwu Technology Company Ltd [WNW]. The present Moving Average for the last 50 days of trading for this stock 1.44, while it was recorded at 3.12 for the last single week of trading, and 1.06 for the last 200 days.
Meiwu Technology Company Ltd [WNW]: A deeper dive into fundamental analysis
Meiwu Technology Company Ltd’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.80 and a Current Ratio set at 2.64.
