Smart Powerr shares plunge 50.02% intraday as bearish technicals and weak momentum drive sharp sell-off.

Smart Powerr (CREG) plummeted 50.02% intraday on March 18, 2026, driven by bearish technical indicators and deteriorating investor sentiment. The stock fell below both the 30-day and 200-day moving averages, with the RSI at 43.27 and MACD histogram at 0.003394 signaling weak momentum. Despite no official news from the company, the sell-off accelerated as the price approached its 52-week low of $0.6421, triggering panic among traders. High turnover (3.11 million shares) and a dynamic P/E of -4.90 further underscored the lack of earnings support and waning confidence. The absence of catalysts left the decline unanchored, deepening as liquidity dried up and support levels were aggressively tested.