Kingold Jewelry Inc (KGJI) Technical Analysis
NASDAQ:KGJI
Current stock price
KGJI Technical Rating and Analysis
Taking everything into account, KGJI scores 0 out of 10 in our technical rating. KGJI's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 100% of all other stocks performed better in the past year than KGJI.
- KGJI is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so KGJI is lagging the market.
- In the last month KGJI has a been trading in the 0.25 - 0.72 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
KGJI Weekly and Daily overview Charts
KGJI Setup Rating and Analysis
The technical rating of KGJI 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.
More info and screens
KGJI Support and Resistance Analysis
KGJI 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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for KGJI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for KGJI is down. |
| ChartMill Relative Strength | 0.11 | NEGATIVE | KGJI has a low relative strength, it was outperformed by 99.89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of KGJI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of KGJI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of KGJI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 26.62 | OVERSOLD | The low RSI value suggests KGJI may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests KGJI has a negative trend. |
| Stochastics (14,3) | 4.28 | OVERSOLD | The low Stochastics value suggests KGJI may be oversold. |
| Average True Range in percent/ATR (20) | 30.69 | HIGH VOLATILITY | The high ATR as a percentage value for KGJI suggests high volalility. |
KGJI Chart- and CandleStick Pattern Analysis
KGJI Technicals: Chart, Performance Metrics, Trend & Indicators
0.26
-0.05 (-15.58%)
Kingold Jewelry Inc / KGJI TA FAQ
What is the ChartMill technical rating of Kingold Jewelry Inc (KGJI) stock?
ChartMill assigns a technical rating of 0 / 10 to KGJI.
What is the current trend direction of Kingold Jewelry Inc (KGJI) stock?
The current trend direction for Kingold Jewelry Inc (KGJI) is Bearish.
What is the RSI signal for KGJI stock?
Kingold Jewelry Inc (KGJI) has an RSI value of 26.6229. This indicates that the stock is currently oversold.
What is the short term momentum for KGJI stock?
The short term momentum for Kingold Jewelry Inc (KGJI) is negative.