MDJM LTD (MDJH) Stock Technical Analysis
NASDAQ:MDJH - Nasdaq - KYG592901097 - Common Stock - Currency: USD
Taking everything into account, MDJH scores 0 out of 10 in our technical rating. MDJH scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
100% of all other stocks performed better in the past year than MDJH.
MDJH is one of the lesser performing stocks in the Real Estate Management & Development industry. 92% of 64 stocks in the same industry do better.
MDJH is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so MDJH is lagging the market.
In the last month MDJH has a been trading in the 0.14 - 0.33 range, which is quite wide. It is currently trading near the lows of this range.
MDJH has an average volume of 6105370 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, MDJH does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
0.16
0.32
We can see 3 important resistance areas.
- Resistance @0.16 from a trend line in the daily time frame.
- A resistance zone ranging from 0.17 to 0.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.32 from a trend line in the daily time frame.
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 MDJH is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for MDJH is down. |
| ChartMill Relative Strength | 0.44 | NEGATIVE | MDJH has a low relative strength, it was outperformed by 99.56% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of MDJH is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MDJH is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of MDJH is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 28.47 | OVERSOLD | The low RSI value suggests MDJH may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests MDJH has a positive trend. |
| Stochastics (14,3) | 5.6 | OVERSOLD | The low Stochastics value suggests MDJH may be oversold. |
| Average True Range in percent/ATR (20) | 19.15 | HIGH VOLATILITY | The high ATR as a percentage value for MDJH suggests high volalility. |
| Average Directional Index/ADX (14) | 18.89 | NEGATIVE | The low ADX value for MDJH suggests a weak or negative trend. |
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)
0.1608
+0 (+1.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryReal Estate Management & Development
Performance
% Chg1.07%
1 Week1.77%
2 Weeks-10.27%
1 Month-27.63%
3 Month-85.25%
6 Month-88%
12 Month-89.35%
2 Year-89.35%
3 Year-90.97%
5 Year-94.55%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%19.15%
ATR Inc-70.57%
Range Today0.01
ADR(20)0.03
ADR(20)%17.68%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.44
Mansfield-8.66
10 Day High0.19
10 Day Low0.15
20 Day High0.33
20 Day Low0.14
52 Week High1.9
52 Week Low0.14
CS1 EndN/A
CR1 Start0.16
Volume & EV
DER(3)-9.78%
DER(5)0.26%
Volume794.30K
Volume Incr-94.58%
Vol(5)810.13K
Vol(50)6.11M