A Reversal for Natural Health Trends Corp. (NHTC) Is Not Near. The Formed Multiple Bottom – The MAK Daily

The stock of Natural Health Trends Corp. (NHTC) shows a multiple bottoms pattern with $7.66 target or 5.00 % below today’s $8.06 share price. The 7 months chart pattern indicates high risk for the $86.94M company. It was reported on Sep, 22 by Finviz.com. If the $7.66 price target is reached, the company will be worth $4.35M less.
Multiple bottoms are very good trading chart patterns. These patterns have a low break even failure rate and decent average rise in a bull market, giving them a solid performance rank. Back-tests of such patterns show that the break even failure rate is 4%, the average rise: 37%, the throwback rate: 64% and the percentage of stocks meeting their price targets: 64%.

The stock increased 1.00% or $0.08 during the last trading session, reaching $8.06. About 67,987 shares traded. Natural Health Trends Corp. (NASDAQ:NHTC) has declined 67.37% since September 22, 2018 and is downtrending. It has underperformed by 67.37% the S&P500.

More notable recent Natural Health Trends Corp. (NASDAQ:NHTC) news were published by: Globenewswire.com which released: “Natural Health Trends Receives Non-Compliance Notification Letter from NASDAQ – GlobeNewswire” on April 05, 2019, also Globenewswire.com with their article: “Natural Health Trends to Report Second Quarter 2019 Financial Results on August 7th – GlobeNewswire” published on July 31, 2019, Bizjournals.com published: “New York City stocks that are driving Wall Street’s latest bull run – New York Business Journal” on August 23, 2018. More interesting news about Natural Health Trends Corp. (NASDAQ:NHTC) were released by: Seekingalpha.com and their article: “Natural Health Trends down sharply after negative report issued – Seeking Alpha” published on January 07, 2016 as well as Seekingalpha.com‘s news article titled: “Natural Health Trends declares $0.16 dividend – Seeking Alpha” with publication date: February 21, 2019.

Natural Health Trends Corp., a direct-selling and e-commerce company, provides personal care, wellness, and lifestyle products under the NHT Global brand in North America, Greater China, South Korea, Singapore, Malaysia, Japan, Europe, Russia, and Kazakhstan. The company has market cap of $86.94 million. The Company’s wellness products include liquid, encapsulated, tableted, and powder dietary and nutritional supplements, as well as vitamins and minerals; and herbal products comprise herbal supplements. It has a 7.84 P/E ratio. The companyÂ’s beauty products consists of anti-aging and hydrating cleansers, creams, lotions, serums, and toners; and lifestyle products include weight management, intimacy support, and energy enhancing supplements.