CHINA GREEN AGRICULTURE INC (CGA)

US16943W2044 - Common Stock

2.8613  +0.21 (+7.97%)

Technical Rating and Analysis

2

Overall CGA gets a technical rating of 2 out of 10. In the last year, CGA was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.

When comparing the yearly performance of all stocks, CGA is a bad performer in the overall market: 62% of all stocks are doing better.
CGA is one of the lesser performing stocks in the Chemicals industry. 61% of 84 stocks in the same industry do better.
Warning: CGA has an average volume of 4574 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
CGA is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so CGA is lagging the market slightly.
In the last month CGA has a been trading in the 2.65 - 3.10 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
CGA Weekly chart
CGA Daily chart
Setup Rating and Analysis

6

Although the technical rating is bad, CGA does present a nice setup opportunity. Prices have been consolidating lately. We notice that large players showed an interest for CGA in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

2.27

3.24

We found 2 important support areas.

  • Support @2.64 from a horizontal line in the daily time frame.
  • Support @2.29 from a trend line in the daily time frame.

When analyzing the resistance we notice 5 important areas.

  • A resistance zone ranging from 2.89 to 2.92. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Resistance @3.03 from a trend line in the daily time frame.
  • Resistance @3.08 from a horizontal line in the daily time frame.
  • Resistance @3.13 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 3.21 to 3.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS38.77
Mansfield0.09
10 Day High3.1
10 Day Low2.65
20 Day High3.1
20 Day Low2.65
52 Week High4
52 Week Low1.61
Performance
1 Week-7.1%
2 Weeks-1.67%
1 Month-2.51%
3 Month15.84%
6 Month36.25%
12 Month-15.6%
2 Year-55.91%
3 Year-74.66%
5 Year-52.84%
10 Year-89.68%
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.02
RSI(14)48.92
LBB2.66
UBB3.14
CGA Daily chart

CHINA GREEN AGRICULTURE INC

NYSE:CGA (5/3/2024, 7:04:00 PM)

2.8613

+0.21 (+7.97%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg7.97%
1 Week-7.1%
2 Weeks-1.67%
1 Month-2.51%
3 Month15.84%
6 Month36.25%
12 Month-15.6%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.19
ATR(20)%6.24%
ATR Inc
Range Today0.01
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High3.1
10 Day Low2.65
20 Day High3.1
20 Day Low2.65
52 Week High4
52 Week Low1.61
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume600
Volume Incr49.47%
Vol(5)5.62K
Vol(50)4.57K