ORIGIN AGRITECH LTD (SEED) Technical Analysis
NASDAQ:SEED • VGG678282051
Taking everything into account, SEED scores 2 out of 10 in our technical rating. SEED scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- When comparing the yearly performance of all stocks, SEED is a bad performer in the overall market: 90% of all stocks are doing better.
- SEED is part of the Food Products industry. There are 88 other stocks in this industry, of which 70% are performing better than SEED.
- In the last month SEED has a been trading in the 1.01 - 1.43 range, which is quite wide. It is currently trading near the high of this range.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- SEED is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so SEED is lagging the market.
- Volume is considerably higher in the last couple of days.
SEED has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 1.04, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for SEED in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
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We found 2 important support areas.
- A support zone ranging from 1.03 to 1.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 1.01 to 1.01. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 1.16 to 1.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.50 from a trend line in the weekly time frame.
- Resistance @1.68 from a trend line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for SEED is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for SEED is neutral. |
| ChartMill Relative Strength | 10.76 | NEGATIVE | SEED has a low relative strength, it was outperformed by 89.24% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of SEED is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SEED is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SEED is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 53.62 | NEUTRAL | The RSI value for SEED is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests SEED has a positive trend. |
| Stochastics (14,3) | 26.61 | NEUTRAL | The Stochastics value for SEED is a neutral value. |
| Average True Range in percent/ATR (20) | 9.11 | HIGH VOLATILITY | The high ATR as a percentage value for SEED suggests high volalility. |
| Average Directional Index/ADX (14) | 13.47 | NEGATIVE | The low ADX value for SEED suggests a weak or negative trend. |
SEED Technicals: Chart, Performance Metrics, Trend & Indicators
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+0.01 (+0.88%)
ORIGIN AGRITECH LTD / SEED FAQ
Can you provide the ChartMill technical rating for ORIGIN AGRITECH LTD?
ChartMill assigns a technical rating of 2 / 10 to SEED.
What is the trend direction for SEED stock?
The current trend direction for ORIGIN AGRITECH LTD (SEED) is Bearish.
What is the RSI signal for ORIGIN AGRITECH LTD (SEED) stock?
ORIGIN AGRITECH LTD (SEED) has an RSI value of 53.6154. This indicates that the stock is currently neutral.
What is the MACD signal for ORIGIN AGRITECH LTD (SEED) stock?
The MACD indicator for ORIGIN AGRITECH LTD (SEED) has a value of 0.012321, indicating a bearish trend.