ATIF HOLDINGS LTD (ZBAI) Stock Technical Analysis
NASDAQ:ZBAI - Nasdaq - VGG0602B2093 - Common Stock - Currency: USD
Taking everything into account, ZBAI scores 1 out of 10 in our technical rating. ZBAI'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.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, ZBAI is a bad performer in the overall market: 100% of all stocks are doing better.
ZBAI is one of the lesser performing stocks in the Professional Services industry. 88% of 82 stocks in the same industry do better.
ZBAI has an average volume of 4269110 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month ZBAI has a been trading in the 0.27 - 0.82 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.
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
0.49
0.72
3 important resistance areas can be observed.
- Resistance @0.55 from a horizontal line in the weekly time frame.
- Resistance @0.63 from a trend line in the daily time frame.
- Resistance @0.71 from a trend line 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 | NEUTRAL | NEUTRAL | The short term trend for ZBAI is neutral. |
| 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) | UP | POSITIVE | The current price of ZBAI is above the rising 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) | 50.29 | NEUTRAL | The RSI value for ZBAI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests ZBAI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 44.16 | NEUTRAL | The Stochastics value for ZBAI is a neutral value. |
| Average True Range in percent/ATR (20) | 17.18 | HIGH VOLATILITY | The high ATR as a percentage value for ZBAI suggests high volalility. |
| Average Directional Index/ADX (14) | 34.12 | POSITIVE | The high ADX value value for ZBAI 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)
0.4965
-0.03 (-6.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryProfessional Services
Performance
% Chg-6.53%
1 Week-0.68%
2 Weeks35.03%
1 Month52.02%
3 Month-45.44%
6 Month-56.86%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.1
ATR(20)%17.18%
ATR Inc24.75%
Range Today0.12
ADR(20)0.08
ADR(20)%16.24%
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 High0.82
10 Day Low0.35
20 Day High0.82
20 Day Low0.27
52 Week HighN/A
52 Week LowN/A
CS1 EndN/A
CR1 Start0.55
Volume & EV
DER(3)-0.84%
DER(5)0.77%
Volume1.45M
Volume Incr-9.98%
Vol(5)6.24M
Vol(50)4.27M