Overall ZCMD gets a technical rating of 0 out of 10. ZCMD scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, ZCMD does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. We notice that large players showed an interest for ZCMD in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.66
4 important resistance areas can be observed.
- Resistance @0.94 from a trend line in the weekly time frame.
- Resistance @1.06 from a trend line in the weekly time frame.
- Resistance @1.13 from a trend line in the daily time frame.
- Resistance @1.22 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 | DOWN | NEGATIVE | The short term trend for ZCMD is down. |
| ChartMill Relative Strength | 6.34 | NEGATIVE | ZCMD has a low relative strength, it was outperformed by 93.66% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ZCMD is above 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) | 47.18 | NEUTRAL | The RSI value for ZCMD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ZCMD has a positive trend. |
| Stochastics (14,3) | 57.08 | NEUTRAL | The Stochastics value for ZCMD is a neutral value. |
| Average True Range in percent/ATR (20) | 10.7 | HIGH VOLATILITY | The high ATR as a percentage value for ZCMD suggests high volalility. |
| Average Directional Index/ADX (14) | 26.14 | POSITIVE | The high ADX value value for ZCMD suggests a strong trend. |
0.666
+0.02 (+3.08%)
ZHONGCHAO INC-CLASS A / ZCMD FAQ
What is the ChartMill technical rating of ZHONGCHAO INC-CLASS A (ZCMD) stock?
ChartMill assigns a technical rating of 0 / 10 to ZCMD.
Can you provide the trend direction for ZHONGCHAO INC-CLASS A?
The current trend direction for ZHONGCHAO INC-CLASS A (ZCMD) is Bearish.
What is the RSI signal for ZCMD stock?
ZHONGCHAO INC-CLASS A (ZCMD) has an RSI value of 47.1765. This indicates that the stock is currently neutral.
What is the MACD signal for ZCMD stock?
The MACD indicator for ZHONGCHAO INC-CLASS A (ZCMD) has a value of 0.0113888, indicating a bearish trend.
Can you provide the buy/sell signal for ZHONGCHAO INC-CLASS A?
The buy/sell signal for ZHONGCHAO INC-CLASS A (ZCMD) is sell as both the short term and long term trends are negative.