ATIF HOLDINGS LTD (ZBAI) Stock Technical Analysis
NASDAQ:ZBAI - Nasdaq - VGG0602B2093 - Common Stock - Currency: USD
Overall ZBAI gets a technical rating of 0 out of 10. ZBAI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
100% of all other stocks performed better in the past year than ZBAI.
ZBAI is part of the Professional Services industry. There are 80 other stocks in this industry, of which 88% are performing better than ZBAI.
In the last month ZBAI has a been trading in the 5.28 - 14.76 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.
ZBAI has an average volume of 4368800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
The technical rating of ZBAI 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
5.74
8.16
We found 1 important support area.
- Support @5.80 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 8.05 to 8.08. This zone is formed by a combination of multiple trend lines and important moving averages in the daily 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 ZBAI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ZBAI is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | ZBAI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ZBAI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ZBAI is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 38.16 | NEUTRAL | The RSI value for ZBAI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests ZBAI has a negative trend. |
| Stochastics (14,3) | 17.34 | OVERSOLD | The low Stochastics value suggests ZBAI may be oversold. |
| Average True Range in percent/ATR (20) | 25.97 | HIGH VOLATILITY | The high ATR as a percentage value for ZBAI suggests high volalility. |
| Average Directional Index/ADX (14) | 19.94 | NEGATIVE | The low ADX value for ZBAI 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)
5.846
-0.23 (-3.85%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg-3.85%
1 Week-13.25%
2 Weeks-15.25%
1 Month-35.03%
3 Month-67.52%
6 Month-69.79%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.09
ATR(20)%25.97%
ATR Inc-23.02%
Range Today0.66
ADR(20)1.47
ADR(20)%25.21%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High7.41
10 Day Low5.28
20 Day High14.76
20 Day Low5.28
52 Week HighN/A
52 Week LowN/A
CS1 End5.8
CR1 Start8.05
Volume & EV
DER(3)-10.8%
DER(5)-8.81%
Volume35.52K
Volume Incr-95.92%
Vol(5)340.56K
Vol(50)4.37M