ZHONGCHAO INC-CLASS A (ZCMD) Stock Technical Analysis
NASDAQ:ZCMD - Nasdaq - KYG9897X1152 - Common Stock - Currency: USD
Taking everything into account, ZCMD scores 1 out of 10 in our technical rating. 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.
69% 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.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
ZCMD is an average performer in the Diversified Consumer Services industry, it outperforms 49% of 72 stocks in the same industry.
In the last month ZCMD has a been trading in the 1.02 - 1.41 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.
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.
More info and screens
1.02
1.33
When analyzing the support we notice one important area.
- A support zone ranging from 1.03 to 1.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 1.30 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 | NEUTRAL | NEUTRAL | The long term trend for ZCMD is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ZCMD is neutral. |
| ChartMill Relative Strength | 31.44 | NEUTRAL | ZCMD is not amongst the best or worst performers 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) | 48.7 | 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, although the MACD value is declining. |
| Stochastics (14,3) | 38.71 | NEUTRAL | The Stochastics value for ZCMD is a neutral value. |
| Average True Range in percent/ATR (20) | 9.91 | HIGH VOLATILITY | The high ATR as a percentage value for ZCMD suggests high volalility. |
| Average Directional Index/ADX (14) | 9.84 | 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)
1.15
-0.17 (-12.88%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDiversified Consumer Services
Performance
% Chg-12.88%
1 Week6.89%
2 Weeks-0.86%
1 Month-1.71%
3 Month-4.25%
6 Month-43.54%
12 Month-3.36%
2 Year-90.42%
3 Year-91.13%
5 Year-94.72%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%9.91%
ATR Inc163.82%
Range Today0.11
ADR(20)0.09
ADR(20)%7.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS31.44
Mansfield-1.92
10 Day High1.41
10 Day Low1.02
20 Day High1.41
20 Day Low1.02
52 Week High2.97
52 Week Low0.95
CS1 End1.04
CR1 Start1.3
Volume & EV
DER(3)1.71%
DER(5)0.49%
Volume2.62M
Volume Incr31457.48%
Vol(5)1.60M
Vol(50)166.09K