We assign a technical rating of 0 out of 10 to NMHI. NMHI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
NMHI has a poor technical rating and the quality of the setup is also only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
1.51
When analyzing the resistance we notice one important area.
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 NMHI is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NMHI is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | NMHI 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 NMHI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NMHI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NMHI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.78 | NEUTRAL | The RSI value for NMHI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests NMHI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 13.33 | OVERSOLD | The low Stochastics value suggests NMHI may be oversold. |
| Average True Range in percent/ATR (20) | 27.12 | HIGH VOLATILITY | The high ATR as a percentage value for NMHI suggests high volalility. |
| Average Directional Index/ADX (14) | 37.89 | POSITIVE | The high ADX value value for NMHI suggests a strong trend. |
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+0.4 (+35.4%)
ChartMill assigns a technical rating of 0 / 10 to NMHI.
The current trend direction for NATURE'S MIRACLE HOLDING INC (NMHI) is Bearish.
NATURE'S MIRACLE HOLDING INC (NMHI) has an RSI value of 39.7836. This indicates that the stock is currently neutral.
The MACD indicator for NATURE'S MIRACLE HOLDING INC (NMHI) has a value of -0.0315384, indicating a bearish trend.