Microvast Holdings Inc

MVST remains entrenched in a clear downtrend, marked by a sequence of lower highs and lower lows beneath declining EMAs and a down-sloping 200DMA, affirming a medium-term bearish bias. However, a Bearish Exhaustion inflection pattern signals sellers losing conviction, suggesting a short-term bounce is likely. Consequently, immediate bearish entries are ill-timed, favoring trimming into any relief rally up to the overhead EMA zone.

• ↑Record Q1 revenue of $116.5M, up 43% YoY
• ↑Gross margin expanded to 36.9%, up 15.7pp YoY
• ↓Q1 2026 revenue plunged 48% YoY to $60.6M