We assign a technical rating of 3 out of 10 to SEED. SEED performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
SEED has a poor technical rating and the quality of the setup is also not perfect 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.
More info and screens
1.04
When analyzing the support we can see 3 important areas.
- A support zone ranging from 1.39 to 1.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.18 from a trend line in the daily time frame.
- Support @1.05 from a trend line in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 1.41 to 1.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.68 from a trend line in the weekly time frame.
- Resistance @1.86 from a trend line in the weekly time frame.
- Resistance @1.96 from a trend 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 | 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 | 20.06 | NEGATIVE | SEED has a low relative strength, it was outperformed by 79.94% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of SEED is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of SEED is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of SEED is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.09 | NEUTRAL | The RSI value for SEED is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests SEED has a positive trend. |
| Stochastics (14,3) | 66.82 | NEUTRAL | The Stochastics value for SEED is a neutral value. |
| Average True Range in percent/ATR (20) | 8.46 | HIGH VOLATILITY | The high ATR as a percentage value for SEED suggests high volalility. |
| Average Directional Index/ADX (14) | 17.4 | NEGATIVE | The low ADX value for SEED suggests a weak or negative trend. |
1.4
-0.02 (-1.41%)
ORIGIN AGRITECH LTD / SEED FAQ
Can you provide the ChartMill technical rating for ORIGIN AGRITECH LTD?
ChartMill assigns a technical rating of 3 / 10 to SEED.
What is the current trend direction of ORIGIN AGRITECH LTD (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 49.0864. This indicates that the stock is currently neutral.
Can you provide the short term momentum for ORIGIN AGRITECH LTD?
The short term momentum for ORIGIN AGRITECH LTD (SEED) is neutral.
What is the support and resistance level for SEED stock?
ORIGIN AGRITECH LTD (SEED) has a support level at 1.39 and a resistance level at 1.41. Check the full technical report for our detailed analysis of SEED support and resistance levels.