Yunhong International Cl A (ZGYH) Technical Analysis
NASDAQ:ZGYH
We assign a technical rating of 5 out of 10 to ZGYH. In the last year, ZGYH was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
- ZGYH 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 ZGYH is lagging the market.
- In the last month ZGYH has a been trading in the 10.26 - 11.40 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been consolidating recently, but much resistance may still be present above.
- The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
- When comparing the performance of all stocks over the past year, ZGYH turns out to be only a medium performer in the overall market: it outperformed 46% of all stocks.
- Considerably lower volume is observed in the last couple of days.
ZGYH has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 10.27, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
9.83
When analyzing the support we can see 2 important areas.
- Support @10.27 from a horizontal line in the daily time frame.
- A support zone ranging from 9.93 to 10.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 10.28 to 10.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 10.58 to 10.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @10.78 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 | UP | POSITIVE | The long term trend for ZGYH is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ZGYH is neutral. |
| ChartMill Relative Strength | 46.47 | NEUTRAL | ZGYH is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ZGYH is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ZGYH is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ZGYH is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.49 | NEUTRAL | The RSI value for ZGYH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ZGYH has a negative trend. |
| Stochastics (14,3) | 22.69 | NEUTRAL | The Stochastics value for ZGYH is a neutral value. |
| Average True Range in percent/ATR (20) | 0.99 | LOW VOLATILITY | The low ATR as a percentage value for ZGYH suggests low volalility. |
ZGYH Technicals: Chart, Performance Metrics, Trend & Indicators
10.28
-0.03 (-0.29%)
Yunhong International Cl A / ZGYH FAQ
What is the technical rating for ZGYH stock?
ChartMill assigns a technical rating of 5 / 10 to ZGYH.
Can you provide the trend direction for Yunhong International Cl A?
The current trend direction for Yunhong International Cl A (ZGYH) is Bullish.
What is the RSI signal for Yunhong International Cl A (ZGYH) stock?
Yunhong International Cl A (ZGYH) has an RSI value of 47.4946. This indicates that the stock is currently neutral.
What is the MACD signal for Yunhong International Cl A (ZGYH) stock?
The MACD indicator for Yunhong International Cl A (ZGYH) has a value of -0.00271282, indicating a bearish trend.