SHINECO INC (SISI) Technical Analysis
NASDAQ:SISI • US8245676064
Current stock price
SISI Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to SISI. SISI's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 99% of all other stocks performed better in the past year than SISI.
- SISI is part of the Personal Care Products industry. There are 37 other stocks in this industry, of which 86% are performing better than SISI.
- SISI is currently trading near the lower end of its 52 week range, which is not a good sign. 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 5.02 - 7.96 range, which is quite wide. It is currently trading near the lows of this range.
- SISI has an average volume of 5414450 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.
SISI Weekly and Daily overview Charts
SISI Setup Rating and Analysis
Although the technical rating is bad, SISI does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for SISI 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
SISI Support and Resistance Analysis
4.89
We found 3 important support areas.
- Support @5.54 from a trend line in the daily time frame.
- Support @5.22 from a trend line in the daily time frame.
- Support @4.94 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 5.78 to 5.87. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @6.46 from a trend line in the daily time frame.
SISI 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 SISI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for SISI is down. |
| ChartMill Relative Strength | 1.25 | NEGATIVE | SISI has a low relative strength, it was outperformed by 98.75% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of SISI is below the rising 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) | 43.38 | NEUTRAL | The RSI value for SISI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests SISI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 14.24 | OVERSOLD | The low Stochastics value suggests SISI may be oversold. |
| Average True Range in percent/ATR (20) | 12.25 | HIGH VOLATILITY | The high ATR as a percentage value for SISI suggests high volalility. |
| Average Directional Index/ADX (14) | 11.54 | NEGATIVE | The low ADX value for SISI suggests a weak or negative trend. |
SISI Chart- and CandleStick Pattern Analysis
SISI Technicals: Chart, Performance Metrics, Trend & Indicators
5.6
-0.17 (-2.95%)
SHINECO INC / SISI TA FAQ
What is the ChartMill technical rating of SHINECO INC (SISI) stock?
ChartMill assigns a technical rating of 1 / 10 to SISI.
Can you provide the trend direction for SHINECO INC?
The current trend direction for SHINECO INC (SISI) is Bearish.
Can you provide the RSI signal for SHINECO INC?
SHINECO INC (SISI) has an RSI value of 43.3768. This indicates that the stock is currently neutral.
What is the MACD signal for SHINECO INC (SISI) stock?
The MACD indicator for SHINECO INC (SISI) has a value of -0.0429768, indicating a bearish trend.
What is the short term momentum for SISI stock?
The short term momentum for SHINECO INC (SISI) is negative.