MINGZHU LOGISTICS HOLDINGS L (YGMZ) Stock Technical Analysis
NASDAQ:YGMZ - KYG6180C1134 - Common Stock
1.01 USD
+0.11 (+12.11%)
0.99 USD
-0.02 (-1.98%)
We assign a technical rating of 2 out of 10 to YGMZ. YGMZ'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.
When comparing the yearly performance of all stocks, YGMZ is a bad performer in the overall market: 88% of all stocks are doing better.
YGMZ is part of the Ground Transportation industry. There are 41 other stocks in this industry, of which 67% are performing better than YGMZ.
YGMZ is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
In the last month YGMZ has a been trading in the 0.63 - 1.05 range, which is quite wide. It is currently trading near the high of this range.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of YGMZ is bad and it also does not present a quality setup 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
1.00
1.32
When analyzing the resistance we notice one important area.
- Resistance @1.31 from a trend line in the weekly 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 YGMZ is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for YGMZ is neutral. |
| ChartMill Relative Strength | 12.02 | NEGATIVE | YGMZ has a low relative strength, it was outperformed by 87.98% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of YGMZ is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of YGMZ is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of YGMZ is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 64.3 | NEUTRAL | The RSI value for YGMZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests YGMZ has a positive trend. |
| Stochastics (14,3) | 81.81 | OVERBOUGHT | The high Stochastics value suggests YGMZ may be overbought. |
| Average True Range in percent/ATR (20) | 9.25 | HIGH VOLATILITY | The high ATR as a percentage value for YGMZ suggests high volalility. |
| Average Directional Index/ADX (14) | 27.99 | POSITIVE | The high ADX value value for YGMZ 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)
1.01
+0.11 (+12.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryGround Transportation
Performance
% Chg12.11%
1 Week40.47%
2 Weeks26.27%
1 Month11.6%
3 Month-24.06%
6 Month44.49%
12 Month-9.01%
2 Year-77.05%
3 Year-94.95%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%9.25%
ATR Inc173.36%
Range Today0.27
ADR(20)0.09
ADR(20)%8.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.02
Mansfield-1.04
10 Day High1.05
10 Day Low0.63
20 Day High1.05
20 Day Low0.63
52 Week High1.77
52 Week Low0.63
CS1 EndN/A
CR1 Start1.31
Volume & EV
DER(3)22.16%
DER(5)13.47%
Volume73.20K
Volume Incr86.16%
Vol(5)39.28K
Vol(50)88.84K