NAMI Technical Analysis - JINXIN TECHNOLOGY HOLDIN-ADR

Technical Rating and Analysis

Overall NAMI gets a technical rating of 0 out of 10. NAMI 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, NAMI is a bad performer in the overall market: 100% of all stocks are doing better.

NAMI is one of the lesser performing stocks in the Diversified Consumer Services industry. 83% of 75 stocks in the same industry do better.

In the last month NAMI has a been trading in the 0.93 - 1.19 range, which is quite wide. It is currently trading near the lows of this range.

Prices have been falling strongly lately, it is better to avoid new long positions here.

NAMI has an average volume of 1014120 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.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

JINXIN TECHNOLOGY HOLDIN-ADR / NAMI Weekly stock chart

JINXIN TECHNOLOGY HOLDIN-ADR / NAMI Daily stock chart

Setup Rating and Analysis

The technical rating of NAMI is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

0.93

1.17

2 important resistance areas can be observed.

Resistance @1.02 from a trend line in the daily time frame.
A resistance zone ranging from 1.15 to 1.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

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What is Support and Resistance

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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 NAMI is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for NAMI is down.
ChartMill Relative Strength	0	NEGATIVE	NAMI has a low relative strength, it was outperformed by 100% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of NAMI is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of NAMI is below a declining SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of NAMI is below a declining SMA(200).
Relative Strength Index/RSI (14)	41.25	NEUTRAL	The RSI value for NAMI is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.02	NEGATIVE	The MACD value suggests NAMI has a negative trend.
Stochastics (14,3)	15.18	OVERSOLD	The low Stochastics value suggests NAMI may be oversold.
Average True Range in percent/ATR (20)	7.94	HIGH VOLATILITY	The high ATR as a percentage value for NAMI suggests high volalility.
Average Directional Index/ADX (14)	22.23	NEUTRAL	The ADX value for NAMI suggests a possible start of a new trend.