ZHONGCHAO INC-CLASS A (ZCMD)

KYG9897X1152 - Common Stock

1.59  -0.35 (-18.04%)

After market: 1.53 -0.06 (-3.77%)

Technical Rating and Analysis

0

Overall ZCMD gets a technical rating of 0 out of 10. ZCMD'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 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.
99% of all other stocks performed better in the past year than ZCMD.
ZCMD is part of the Diversified Consumer Services industry. There are 65 other stocks in this industry, of which 82% are performing better than ZCMD.
ZCMD is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so ZCMD is lagging the market.
ZCMD has an average volume of 1168910 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month ZCMD has a been trading in the 1.20 - 2.74 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.
Weekly and Daily overview Charts
ZCMD Weekly chart
ZCMD Daily chart
Setup Rating and Analysis

4

ZCMD has a poor technical rating and the quality of the setup is also only medium 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.

Support and Resistance Analysis

1.35

2.00

3 important support areas can be observed.

  • A support zone ranging from 1.55 to 1.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @1.40 from a trend line in the daily time frame.
  • Support @1.36 from a horizontal line in the daily time frame.

When analyzing the resistance we notice one important area.

  • Resistance @1.98 from a trend line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.66
Mansfield-8.21
10 Day High2.74
10 Day Low1.28
20 Day High2.74
20 Day Low1.2
52 Week High14
52 Week Low1.2
Performance
1 Week13.57%
2 Weeks-14.97%
1 Month-1.24%
3 Month-52.48%
6 Month-85.14%
12 Month-85.93%
2 Year-87.28%
3 Year-91.26%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.07
RSI(14)45.99
LBB1.19
UBB2.09
ZCMD Daily chart

ZHONGCHAO INC-CLASS A

NASDAQ:ZCMD (4/22/2024, 7:00:03 PM)

After market: 1.53 -0.06 (-3.77%)

1.59

-0.35 (-18.04%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDiversified Consumer Services
Performance
% Chg-18.04%
1 Week13.57%
2 Weeks-14.97%
1 Month-1.24%
3 Month-52.48%
6 Month-85.14%
12 Month-85.93%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.37
ATR(20)%18.9%
ATR Inc
Range Today0.24
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High2.74
10 Day Low1.28
20 Day High2.74
20 Day Low1.2
52 Week High14
52 Week Low1.2
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume798.10K
Volume Incr1382.96%
Vol(5)7.05M
Vol(50)1.17M