Overall CPHI gets a technical rating of 0 out of 10. CPHI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
CPHI has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 1.65. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1.51, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for CPHI in the last couple of days, which is a good sign.
1.37
We found 2 important support areas.
When analyzing the resistance we notice 3 important areas.
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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for CPHI is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CPHI is neutral. |
| ChartMill Relative Strength | 36.91 | NEUTRAL | CPHI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of CPHI is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CPHI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CPHI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.14 | NEUTRAL | The RSI value for CPHI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests CPHI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 84.14 | OVERBOUGHT | The high Stochastics value suggests CPHI may be overbought. |
| Average True Range in percent/ATR (20) | 5.23 | HIGH VOLATILITY | The high ATR as a percentage value for CPHI suggests high volalility. |
| Average Directional Index/ADX (14) | 21.07 | NEUTRAL | The ADX value for CPHI suggests a possible start of a new trend. |
1.6
-0.03 (-1.84%)
ChartMill assigns a technical rating of 0 / 10 to CPHI.
The current trend direction for CHINA PHARMA HOLDINGS INC (CPHI) is Bearish.
CHINA PHARMA HOLDINGS INC (CPHI) has an RSI value of 47.1416. This indicates that the stock is currently neutral.
The MACD indicator for CHINA PHARMA HOLDINGS INC (CPHI) has a value of 0.019208, indicating a bearish trend.
The short term momentum for CHINA PHARMA HOLDINGS INC (CPHI) is neutral.