MAJESTIC IDEAL HOLDINGS LTD (MJID) Stock Technical Analysis
USA - NASDAQ:MJID - KYG5880S1057 - Common Stock
1.3 USD
-0.04 (-2.99%)
1.25 USD
-0.05 (-3.85%)
Taking everything into account, MJID scores 3 out of 10 in our technical rating. In the last year, MJID was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
When comparing the yearly performance of all stocks, MJID is a bad performer in the overall market: 100% of all stocks are doing better.
MJID is part of the Distributors industry. There are 22 other stocks in this industry, of which 66% are performing better than MJID.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
In the last month MJID has a been trading in the 0.89 - 1.73 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
MJID has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
1.29
1.36
We found 1 important resistance area.
- Resistance @1.35 from a horizontal 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 | UP | POSITIVE | The long term trend for MJID is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for MJID is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | MJID has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MJID is above the rising SMA(20). |
| Relative Strength Index/RSI (14) | 47.94 | NEUTRAL | The RSI value for MJID is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests MJID has a positive trend. |
| Stochastics (14,3) | 61.54 | NEUTRAL | The Stochastics value for MJID is a neutral value. |
| Average True Range in percent/ATR (20) | 13.61 | HIGH VOLATILITY | The high ATR as a percentage value for MJID suggests high volalility. |
| Average Directional Index/ADX (14) | 18.52 | NEGATIVE | The low ADX value for MJID 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)
1.3
-0.04 (-2.99%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDistributors
Performance
% Chg-2.99%
1 Week3.17%
2 Weeks20.37%
1 Month1.56%
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)%13.61%
ATR Inc42.9%
Range Today0.23
ADR(20)0.17
ADR(20)%13.27%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High1.54
10 Day Low0.89
20 Day High1.73
20 Day Low0.89
52 Week HighN/A
52 Week LowN/A
CS1 EndN/A
CR1 Start1.35
Volume & EV
DER(3)-6.09%
DER(5)-0.93%
Volume628.50K
Volume Incr-78.97%
Vol(5)453.16K
Vol(50)N/A