SJ Technical Analysis - SCIENJOY HOLDING CORP-A

Technical Rating and Analysis

We assign a technical rating of 0 out of 10 to SJ. SJ'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.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.

96% of all other stocks performed better in the past year than SJ.

SJ is part of the Entertainment industry. There are 80 other stocks in this industry, of which 74% are performing better than SJ.

SJ is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.

In the last month SJ has a been trading in the 0.49 - 0.68 range, which is quite wide. It is currently trading near the lows of this range.

Considerably lower volume is observed in the last couple of days.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

SCIENJOY HOLDING CORP-A / SJ Weekly stock chart

SCIENJOY HOLDING CORP-A / SJ Daily stock chart

Setup Rating and Analysis

SJ has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. We notice that large players showed an interest for SJ 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

0.50

1.09

5 important resistance areas can be observed.

Resistance @0.55 from a horizontal line in the daily time frame.
Resistance @0.61 from a trend line in the daily time frame.
Resistance @0.63 from a trend line in the daily time frame.
A resistance zone ranging from 1.04 to 1.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
Resistance @1.08 from a horizontal line in the weekly time frame.

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What is Support and Resistance

Support and Resistance indicators

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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 SJ is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for SJ is down.
ChartMill Relative Strength	4.56	NEGATIVE	SJ has a low relative strength, it was outperformed by 95.44% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of SJ is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of SJ is below a declining SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of SJ is below a declining SMA(200).
Relative Strength Index/RSI (14)	38.82	NEUTRAL	The RSI value for SJ is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0	POSITIVE	The MACD value suggests SJ has a positive trend.
Stochastics (14,3)	21.11	NEUTRAL	The Stochastics value for SJ is a neutral value.
Average True Range in percent/ATR (20)	11.96	HIGH VOLATILITY	The high ATR as a percentage value for SJ suggests high volalility.
Average Directional Index/ADX (14)	50.21	POSITIVE	The high ADX value value for SJ suggests a strong trend.