ZHONGCHAO INC-CLASS A (ZCMD) Stock Technical Analysis
NASDAQ:ZCMD - Nasdaq - KYG9897X1152 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to ZCMD. 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 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.
77% of all other stocks performed better in the past year than ZCMD.
ZCMD is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ZCMD is lagging the market.
Warning: ZCMD has an average volume of 6402 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
ZCMD is part of the Diversified Consumer Services industry. There are 73 other stocks in this industry, ZCMD did better than 44% of them.
In the last month ZCMD has a been trading in the 0.95 - 1.32 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
ZCMD has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 1.28. Right above this resistance zone may be a good entry point.
More info and screens
1.02
1.33
When analyzing the support we can see 4 important areas.
- Support @1.11 from a trend line in the weekly time frame.
- Support @1.09 from a trend line in the daily time frame.
- Support @1.06 from a horizontal line in the daily time frame.
- A support zone ranging from 1.03 to 1.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 1.28 to 1.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The short term trend for ZCMD is neutral. |
| ChartMill Relative Strength | 23.2 | NEGATIVE | ZCMD has a low relative strength, it was outperformed by 76.8% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ZCMD is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ZCMD is below a declining 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) | 45.74 | NEUTRAL | The RSI value for ZCMD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests ZCMD has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 68.03 | NEUTRAL | The Stochastics value for ZCMD is a neutral value. |
| Average True Range in percent/ATR (20) | 10.14 | HIGH VOLATILITY | The high ATR as a percentage value for ZCMD suggests high volalility. |
| Average Directional Index/ADX (14) | 12.35 | NEGATIVE | The low ADX value for ZCMD 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)
NASDAQ:ZCMD (5/23/2025, 9:05:15 PM)
1.15
-0.02 (-1.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDiversified Consumer Services
Performance
% Chg-1.3%
1 Week-10.51%
2 Weeks1.77%
1 Month0%
3 Month-17.27%
6 Month8.49%
12 Month-14.81%
2 Year-89.05%
3 Year-90.94%
5 Year-94.52%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%10.14%
ATR Inc-40.92%
Range Today0.02
ADR(20)0.1
ADR(20)%8.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.2
Mansfield-1.75
10 Day High1.29
10 Day Low1.13
20 Day High1.32
20 Day Low0.95
52 Week High2.97
52 Week Low0.95
CS1 End1.11
CR1 Start1.28
Volume & EV
DER(3)-22.53%
DER(5)-13.57%
Volume3.00K
Volume Incr-89.17%
Vol(5)1.10K
Vol(50)6.40K