SHINECO INC (SISI) Stock Technical Analysis
NASDAQ:SISI - Nasdaq - US8245675074 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to SISI. SISI 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.
100% of all other stocks performed better in the past year than SISI.
SISI is one of the lesser performing stocks in the Personal Care Products industry. 94% of 35 stocks in the same industry do better.
SISI is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so SISI is lagging the market.
In the last month SISI has a been trading in the 0.12 - 0.27 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.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
SISI has an average volume of 7613650 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
SISI 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
0.14
0.20
2 important resistance areas can be observed.
- Resistance @0.18 from a trend line in the daily time frame.
- Resistance @0.20 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 | DOWN | NEGATIVE | The long term trend for SISI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SISI is down. |
| ChartMill Relative Strength | 0.22 | NEGATIVE | SISI has a low relative strength, it was outperformed by 99.78% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of SISI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of SISI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of SISI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.87 | NEUTRAL | The RSI value for SISI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests SISI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 13.05 | OVERSOLD | The low Stochastics value suggests SISI may be oversold. |
| Average True Range in percent/ATR (20) | 18.47 | HIGH VOLATILITY | The high ATR as a percentage value for SISI suggests high volalility. |
| Average Directional Index/ADX (14) | 29.76 | POSITIVE | The high ADX value value for SISI suggests a strong 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)
0.1434
-0.01 (-4.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryPersonal Care Products
Performance
% Chg-4.53%
1 Week-19.03%
2 Weeks-13.25%
1 Month-25.16%
3 Month-83.52%
6 Month-90.5%
12 Month-98.87%
2 Year-99.56%
3 Year-99.93%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%18.47%
ATR Inc4.09%
Range Today0.02
ADR(20)0.02
ADR(20)%15.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.22
Mansfield-9.55
10 Day High0.27
10 Day Low0.12
20 Day High0.27
20 Day Low0.12
52 Week High17.04
52 Week Low0.12
CS1 EndN/A
CR1 Start0.18
Volume & EV
DER(3)-5.95%
DER(5)-4.69%
Volume13.37M
Volume Incr1161.79%
Vol(5)45.76M
Vol(50)7.61M