MDJM LTD (MDJH) Stock Technical Analysis
USA - NASDAQ:MDJH - KYG592901097 - Common Stock
We assign a technical rating of 0 out of 10 to MDJH. MDJH'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.
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
When analyzing the resistance we notice 3 important 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. |
0.1608
+0 (+1.07%)
MDJM LTD / MDJH FAQ
What is the technical rating for MDJH stock?
ChartMill assigns a technical rating of 0 / 10 to MDJH.
What is the trend direction for MDJH stock?
The current trend direction for MDJM LTD (MDJH) is Bearish.
Can you provide the RSI signal for MDJM LTD?
MDJM LTD (MDJH) has an RSI value of 28.4657. This indicates that the stock is currently oversold.
What is the MACD signal for MDJH stock?
The MACD indicator for MDJM LTD (MDJH) has a value of 0.0167886, indicating a bearish trend.
Can you provide the short term momentum for MDJM LTD?
The short term momentum for MDJM LTD (MDJH) is negative.