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MINGZHU LOGISTICS HOLDINGS L (YGMZ) Stock Technical Analysis

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

1.0298  0 (-0.02%)

Technical Rating and Analysis

2

We assign a technical rating of 2 out of 10 to YGMZ. YGMZ performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.

64% of all other stocks performed better in the past year 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.
In the last month YGMZ has a been trading in the 0.90 - 1.39 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
YGMZ is part of the Ground Transportation industry. There are 40 other stocks in this industry, YGMZ did better than 48% of them.
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

YGMZ has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.

Support and Resistance Analysis

0.67

1.42

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 1.02 to 1.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @0.72 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.

3 important resistance areas can be observed.

  • Resistance @1.26 from a trend line in the daily time frame.
  • Resistance @1.34 from a trend line in the weekly time frame.
  • Resistance @1.41 from a trend line in the daily 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 IndicatorNEUTRALNEUTRALThe long term trend for YGMZ is neutral.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for YGMZ is down.
ChartMill Relative Strength36.19NEUTRALYGMZ is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of YGMZ is below a declining SMA(20).
Simple Moving Average/SMA (50)UPMIXEDThe current price of YGMZ is below the rising SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of YGMZ is below a declining SMA(200).
Relative Strength Index/RSI (14)35.98NEUTRALThe RSI value for YGMZ is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.02NEGATIVEThe MACD value suggests YGMZ has a negative trend.
Stochastics (14,3)22.3NEUTRALThe Stochastics value for YGMZ is a neutral value.
Average True Range in percent/ATR (20)11.62HIGH VOLATILITYThe high ATR as a percentage value for YGMZ suggests high volalility.
Average Directional Index/ADX (14)17.83NEGATIVEThe low ADX value for YGMZ suggests a weak or negative 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 (7/2/2025, 3:48:28 PM)

1.0298

0 (-0.02%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryGround Transportation
Performance
% Chg-0.02%
1 Week-14.48%
2 Weeks-13.76%
1 Month-19.83%
3 Month31.06%
6 Month17.97%
12 Month-27.73%
2 Year-83.12%
3 Year-95.27%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%11.62%
ATR Inc27.26%
Range Today0.07
ADR(20)0.11
ADR(20)%10.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS36.19
Mansfield-1.16
10 Day High1.3
10 Day Low0.9
20 Day High1.39
20 Day Low0.9
52 Week High1.98
52 Week Low0.64
CS1 End0.75
CR1 Start1.27
Volume & EV
DER(3)-10.99%
DER(5)-7.3%
Volume9.17K
Volume Incr-78.74%
Vol(5)34.10K
Vol(50)99.10K