Logo image of MJID

MAJESTIC IDEAL HOLDINGS LTD (MJID) Stock Technical Analysis

USA - NASDAQ:MJID - KYG5880S1057 - Common Stock

1.24 USD
-0.01 (-0.8%)
Last: 9/30/2025, 8:20:50 PM
1.22 USD
-0.02 (-1.61%)
After Hours: 9/30/2025, 8:20:50 PM
Technical Rating and Analysis

3

Overall MJID gets a technical rating of 3 out of 10. MJID performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.

100% of all other stocks performed better in the past year than MJID.
MJID is one of the lesser performing stocks in the Distributors industry. 66% of 22 stocks in the same industry do better.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
MJID has an average volume of 1717230 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month MJID has a been trading in the 0.89 - 1.54 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

More info and screens

Weekly and Daily overview Charts
MAJESTIC IDEAL HOLDINGS LTD / MJID Weekly stock chart
MAJESTIC IDEAL HOLDINGS LTD / MJID Daily stock chart
Setup Rating and Analysis

5

Although the technical rating is bad, MJID does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price.

More info and screens

Support and Resistance Analysis

1.11

1.36

2 important support areas can be observed.

  • A support zone ranging from 1.18 to 1.18. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Support @1.12 from a horizontal line in the daily time frame.

When analyzing the resistance we notice 2 important areas.

  • Resistance @1.31 from a horizontal line in the weekly time frame.
  • Resistance @1.35 from a horizontal line in the daily time frame.

More info

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for MJID is up.
ChartMill Short Term Trend IndicatorNEUTRALNEUTRALThe short term trend for MJID is neutral.
ChartMill Relative Strength0NEGATIVEMJID has a low relative strength, it was outperformed by 100% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of MJID is above the rising SMA(20).
Relative Strength Index/RSI (14)47.61NEUTRALThe RSI value for MJID is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0POSITIVEThe MACD value suggests MJID has a positive trend.
Stochastics (14,3)41.67NEUTRALThe Stochastics value for MJID is a neutral value.
Average True Range in percent/ATR (20)11.8HIGH VOLATILITYThe high ATR as a percentage value for MJID suggests high volalility.
Average Directional Index/ADX (14)19.87NEGATIVEThe low ADX value for MJID suggests a weak or negative trend.
Chart- and CandleStick Pattern Analysis
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)

More info

MAJESTIC IDEAL HOLDINGS LTD / MJID Daily stock chart

MAJESTIC IDEAL HOLDINGS LTD

NASDAQ:MJID (9/30/2025, 8:20:50 PM)

After market: 1.22 -0.02 (-1.61%)

1.24

-0.01 (-0.8%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS IndustryDistributors
Performance
% Chg-0.8%
1 Week8.77%
2 Weeks2.48%
1 Month5.08%
3 MonthN/A
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%11.8%
ATR Inc-2.93%
Range Today0.15
ADR(20)0.14
ADR(20)%11.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
3 months CRSN/A
6 months CRSN/A
Mansfield-30
10 Day High1.39
10 Day Low1.1
20 Day High1.54
20 Day Low0.89
52 Week HighN/A
52 Week LowN/A
CS1 End1.18
CR1 Start1.31
Volume & EV
DER(3)-2.64%
DER(5)0.01%
Volume372.80K
Volume Incr42.62%
Vol(5)2.94M
Vol(50)1.72M

MAJESTIC IDEAL HOLDINGS LTD / MJID FAQ

Can you provide the ChartMill technical rating for MAJESTIC IDEAL HOLDINGS LTD?

ChartMill assigns a technical rating of 3 / 10 to MJID.


What is the current trend direction of MAJESTIC IDEAL HOLDINGS LTD (MJID) stock?

The current trend direction for MAJESTIC IDEAL HOLDINGS LTD (MJID) is Bullish.


Can you provide the RSI signal for MAJESTIC IDEAL HOLDINGS LTD?

MAJESTIC IDEAL HOLDINGS LTD (MJID) has an RSI value of 47.6066. This indicates that the stock is currently neutral.


Can you provide the MACD signal for MAJESTIC IDEAL HOLDINGS LTD?

The MACD indicator for MAJESTIC IDEAL HOLDINGS LTD (MJID) has a value of 0.00320538, indicating a bearish trend.


Can you provide the short term momentum for MAJESTIC IDEAL HOLDINGS LTD?

The short term momentum for MAJESTIC IDEAL HOLDINGS LTD (MJID) is neutral.