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MINGZHU LOGISTICS HOLDINGS L (YGMZ) Stock Technical Analysis

NASDAQ:YGMZ - Nasdaq - KYG6180C1134 - Common Stock - Currency: USD

0.8598  +0.03 (+3.16%)

Technical Rating and Analysis

1

We assign a technical rating of 1 out of 10 to YGMZ. YGMZ 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.
When comparing the yearly performance of all stocks, YGMZ is a bad performer in the overall market: 93% of all stocks are doing better.
YGMZ is one of the lesser performing stocks in the Ground Transportation industry. 84% of 40 stocks in the same industry do better.
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.
In the last month YGMZ has a been trading in the 0.68 - 1.05 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
MINGZHU LOGISTICS HOLDINGS L / YGMZ Weekly stock chart
MINGZHU LOGISTICS HOLDINGS L / YGMZ Daily stock chart
Setup Rating and Analysis

5

Although the technical rating is bad, YGMZ does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.

Support and Resistance Analysis

0.67

1.33

We found 4 important support areas.

  • Support @0.83 from a horizontal line in the daily time frame.
  • A support zone ranging from 0.77 to 0.78. This zone is formed by a combination of multiple trend lines in the weekly time frame.
  • Support @0.71 from a trend line in the daily time frame.
  • A support zone ranging from 0.68 to 0.69. This zone is formed by a combination of multiple trend lines in the daily time frame.

We can see 4 important resistance areas.

  • A resistance zone ranging from 0.86 to 0.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @0.96 from a trend line in the daily time frame.
  • Resistance @1.10 from a trend line in the daily time frame.
  • Resistance @1.32 from a trend line in the weekly time frame.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for YGMZ is down.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for YGMZ is down.
ChartMill Relative Strength7.28NEGATIVEYGMZ has a low relative strength, it was outperformed by 92.72% off all stocks on the market.
Simple Moving Average/SMA (20)UPMIXEDThe current price of YGMZ is below the rising SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of YGMZ is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of YGMZ is below a declining SMA(200).
Relative Strength Index/RSI (14)43.32NEUTRALThe RSI value for YGMZ is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.01POSITIVEThe MACD value suggests YGMZ has a positive trend, although the MACD value is declining.
Stochastics (14,3)49.61NEUTRALThe Stochastics value for YGMZ is a neutral value.
Average True Range in percent/ATR (20)9.42HIGH VOLATILITYThe high ATR as a percentage value for YGMZ suggests high volalility.
Average Directional Index/ADX (14)21.47NEUTRALThe ADX value for YGMZ suggests a possible start of a new trend.
Chart- and CandleStick Pattern Analysis
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)
MINGZHU LOGISTICS HOLDINGS L / YGMZ Daily stock chart

MINGZHU LOGISTICS HOLDINGS L

NASDAQ:YGMZ (8/5/2025, 5:20:02 PM)

0.8598

+0.03 (+3.16%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryGround Transportation
Performance
% Chg3.16%
1 Week-13.15%
2 Weeks-0.49%
1 Month6.9%
3 Month-36.31%
6 Month21.73%
12 Month-19.64%
2 Year-80.46%
3 Year-95.7%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%9.42%
ATR Inc-30.63%
Range Today0
ADR(20)0.08
ADR(20)%8.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.28
Mansfield-2.32
10 Day High1.05
10 Day Low0.81
20 Day High1.05
20 Day Low0.68
52 Week High1.77
52 Week Low0.64
CS1 End0.83
CR1 Start0.86
Volume & EV
DER(3)-7.01%
DER(5)-10.41%
Volume18.60K
Volume Incr-88.51%
Vol(5)16.25K
Vol(50)125.36K