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CHINA JO-JO DRUGSTORES HOLDI (CJJD) Stock Technical Analysis

NASDAQ:CJJD - Nasdaq - KYG2124G1203 - Common Stock - Currency: USD

1.52  -0.09 (-5.59%)

Technical Rating and Analysis

0

Overall CJJD gets a technical rating of 0 out of 10. CJJD scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, CJJD is a bad performer in the overall market: 90% of all stocks are doing better.
CJJD is one of the lesser performing stocks in the Consumer Staples Distribution & Retail industry. 84% of 40 stocks in the same industry do better.
CJJD is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Warning: CJJD has an average volume of 20634 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month CJJD has a been trading in the 1.29 - 1.74 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
CHINA JO-JO DRUGSTORES HOLDI / CJJD Weekly stock chart
CHINA JO-JO DRUGSTORES HOLDI / CJJD Daily stock chart
Setup Rating and Analysis

3

The technical rating of CJJD is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

1.29

2.23

We found 1 important support area.

  • Support @1.30 from a horizontal line in the daily time frame.

When analyzing the resistance we notice 5 important areas.

  • A resistance zone ranging from 1.62 to 1.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @1.89 from a trend line in the daily time frame.
  • Resistance @1.96 from a trend line in the daily time frame.
  • Resistance @2.03 from a trend line in the weekly time frame.
  • Resistance @2.21 from a horizontal line in the daily time frame.
Technical Indicator Signal Analysis

The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for CJJD is down.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for CJJD is neutral.
ChartMill Relative Strength10.49NEGATIVECJJD has a low relative strength, it was outperformed by 89.51% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNMIXEDThe current price of CJJD is above a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of CJJD is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of CJJD is below a declining SMA(200).
Relative Strength Index/RSI (14)49.73NEUTRALThe RSI value for CJJD is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.04POSITIVEThe MACD value suggests CJJD has a positive trend, although the MACD value is declining.
Stochastics (14,3)58.53NEUTRALThe Stochastics value for CJJD is a neutral value.
Average True Range in percent/ATR (20)6.95HIGH VOLATILITYThe high ATR as a percentage value for CJJD suggests high volalility.
Average Directional Index/ADX (14)24.01NEUTRALThe ADX value for CJJD suggests a possible start of a new trend.
Chart- and CandleStick Pattern Analysis
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)
CHINA JO-JO DRUGSTORES HOLDI / CJJD Daily stock chart

CHINA JO-JO DRUGSTORES HOLDI

NASDAQ:CJJD (3/3/2025, 8:22:01 PM)

1.52

-0.09 (-5.59%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryConsumer Staples Distribution & Retail
Performance
% Chg-5.59%
1 Week-7.32%
2 Weeks14.29%
1 Month-4.4%
3 Month-24.38%
6 Month0.65%
12 Month-46.85%
2 Year-98.3%
3 Year-98%
5 Year-99.65%
10 Year-99.78%
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%6.95%
ATR Inc-5.25%
Range Today0.08
ADR(20)0.1
ADR(20)%6.65%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.49
Mansfield-3.43
10 Day High1.74
10 Day Low1.3
20 Day High1.74
20 Day Low1.29
52 Week High3.59
52 Week Low1.29
CS1 End1.3
CR1 Start1.62
Volume & EV
DER(3)24.38%
DER(5)20.79%
Volume5.70K
Volume Incr-12.44%
Vol(5)23.58K
Vol(50)20.63K