SHINECO INC (SISI) Stock Technical Analysis
USA - NASDAQ:SISI - US8245676064 - Common Stock
Taking everything into account, SISI scores 1 out of 10 in our technical rating. 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.
SISI has a bad technical rating, but it does show a decent setup pattern. 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
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.
We can see 2 important resistance 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.
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. |
5.6
-0.17 (-2.95%)
SHINECO INC / SISI FAQ
What is the ChartMill technical rating of SHINECO INC (SISI) stock?
ChartMill assigns a technical rating of 1 / 10 to SISI.
What is the trend direction for SISI stock?
The current trend direction for SHINECO INC (SISI) is Bearish.
What is the RSI signal for SISI stock?
SHINECO INC (SISI) has an RSI value of 43.3768. This indicates that the stock is currently neutral.
Can you provide the short term momentum for SHINECO INC?
The short term momentum for SHINECO INC (SISI) is negative.
Can you provide the buy/sell signal for SHINECO INC?
The buy/sell signal for SHINECO INC (SISI) is sell as both the short term and long term trends are negative.