MDJM LTD (MDJH) Technical Analysis
NASDAQ:MDJH • KYG592901097
Current stock price
MDJH Technical Rating and Analysis
Overall MDJH gets a technical rating of 0 out of 10. 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.
- When comparing the yearly performance of all stocks, MDJH is a bad performer in the overall market: 100% of all stocks are doing better.
- MDJH is one of the lesser performing stocks in the Real Estate Management & Development industry. 95% of 62 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. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- 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.
MDJH Weekly and Daily overview Charts
MDJH Setup Rating and Analysis
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
MDJH Support and Resistance Analysis
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.
MDJH 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 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. |
MDJH Chart- and CandleStick Pattern Analysis
MDJH Technicals: Chart, Performance Metrics, Trend & Indicators
0.1608
+0 (+1.07%)
MDJM LTD / MDJH TA FAQ
What is the technical rating for MDJH stock?
ChartMill assigns a technical rating of 0 / 10 to MDJH.
What is the current trend direction of MDJM LTD (MDJH) stock?
The current trend direction for MDJM LTD (MDJH) is Bearish.
What is the RSI signal for MDJH stock?
MDJM LTD (MDJH) has an RSI value of 28.4657. This indicates that the stock is currently oversold.
What is the short term momentum for MDJH stock?
The short term momentum for MDJM LTD (MDJH) is negative.
What are the support and resistance levels for MDJM LTD (MDJH) stock?
MDJM LTD (MDJH) has a resistance level at 0.16. Check the full technical report for our detailed analysis of MDJH support and resistance levels.