ZHONGCHAO INC-CLASS A (ZCMD) Stock Technical Analysis
USA - NASDAQ:ZCMD - KYG9897X1152 - Common Stock
1.11 USD
-0.03 (-2.63%)
Taking everything into account, ZCMD scores 4 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. ZCMD was also a bad performer in the overall market in the last year.
89% of all other stocks performed better in the past year than ZCMD.
ZCMD is part of the Diversified Consumer Services industry. There are 74 other stocks in this industry, of which 69% are performing better than ZCMD.
ZCMD 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.
Warning: ZCMD has an average volume of 20358 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month ZCMD has a been trading in the 0.86 - 1.18 range, which is quite wide. It is currently trading near the high of this range.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Considerably lower volume is observed in the last couple of days.
ZCMD has only a medium 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 1.15. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1.03, a Stop Loss order could be placed below this zone.
More info and screens
1.01
1.53
When analyzing the support we notice one important area.
- A support zone ranging from 1.02 to 1.03. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 1.15 to 1.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 1.19 to 1.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.51 from a horizontal 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 ZCMD is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ZCMD is up. |
| ChartMill Relative Strength | 11.71 | NEGATIVE | ZCMD has a low relative strength, it was outperformed by 88.29% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ZCMD is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ZCMD is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ZCMD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.71 | NEUTRAL | The RSI value for ZCMD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests ZCMD has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 80.41 | OVERBOUGHT | The high Stochastics value suggests ZCMD may be overbought. |
| Average True Range in percent/ATR (20) | 8.42 | HIGH VOLATILITY | The high ATR as a percentage value for ZCMD suggests high volalility. |
| Average Directional Index/ADX (14) | 30.21 | POSITIVE | The high ADX value value for ZCMD 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)
NASDAQ:ZCMD (9/19/2025, 12:18:38 PM)
1.11
-0.03 (-2.63%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDiversified Consumer Services
Performance
% Chg-2.63%
1 Week1.79%
2 Weeks18.71%
1 Month20.01%
3 Month-22.45%
6 Month-10.94%
12 Month-8.49%
2 Year-89.64%
3 Year-90.09%
5 Year-93.39%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%8.42%
ATR Inc-70.61%
Range Today0
ADR(20)0.08
ADR(20)%7.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.71
Mansfield-2.23
10 Day High1.18
10 Day Low0.95
20 Day High1.18
20 Day Low0.86
52 Week High2.97
52 Week Low0.86
CS1 End1.03
CR1 Start1.15
Volume & EV
DER(3)-0.38%
DER(5)2.69%
Volume677
Volume Incr22.52%
Vol(5)10.88K
Vol(50)20.36K