MINGZHU LOGISTICS HOLDINGS L (YGMZ) Stock Technical Analysis
USA - NASDAQ:YGMZ - KYG6180C1134 - Common Stock
0.76 USD
-0.05 (-6.18%)
0.76 USD
0 (0%)
Taking everything into account, YGMZ scores 2 out of 10 in our technical rating. In the past year, YGMZ was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, YGMZ is a bad performer in the overall market: 95% of all stocks are doing better.
YGMZ is one of the lesser performing stocks in the Ground Transportation industry. 78% of 42 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 - 1.06 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
YGMZ has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 0.82. Right above this resistance zone may be a good entry point.
More info and screens
0.71
1.31
We found 2 important support areas.
- Support @0.74 from a trend line in the daily time frame.
- A support zone ranging from 0.72 to 0.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 0.82 to 0.83. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 1.00 to 1.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.05 from a horizontal line in the daily time frame.
- Resistance @1.30 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 | DOWN | NEGATIVE | The long term trend for YGMZ is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for YGMZ is neutral. |
| ChartMill Relative Strength | 5.72 | NEGATIVE | YGMZ has a low relative strength, it was outperformed by 94.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of YGMZ is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of YGMZ is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of YGMZ is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.27 | NEUTRAL | The RSI value for YGMZ is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests YGMZ has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 26.32 | NEUTRAL | The Stochastics value for YGMZ is a neutral value. |
| Average True Range in percent/ATR (20) | 17.83 | HIGH VOLATILITY | The high ATR as a percentage value for YGMZ suggests high volalility. |
| Average Directional Index/ADX (14) | 15.14 | NEGATIVE | The low ADX value for YGMZ suggests a weak or negative 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)
0.76
-0.05 (-6.18%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryGround Transportation
Performance
% Chg-6.18%
1 Week0.77%
2 Weeks-13.53%
1 Month3.12%
3 Month-26.21%
6 Month0.01%
12 Month-39.2%
2 Year-80.04%
3 Year-95.37%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%17.83%
ATR Inc-36.84%
Range Today0.1
ADR(20)0.13
ADR(20)%16.65%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.72
Mansfield-3.21
10 Day High0.91
10 Day Low0.68
20 Day High1.06
20 Day Low0.68
52 Week High1.77
52 Week Low0.63
CS1 End0.74
CR1 Start0.82
Volume & EV
DER(3)-4.78%
DER(5)-13.93%
Volume30.54K
Volume Incr72.52%
Vol(5)270.32K
Vol(50)101.44K