Yunhong International Cl A (ZGYH) Technical Analysis
NASDAQ:ZGYH
Current stock price
ZGYH Technical Rating and Analysis
We assign a technical rating of 5 out of 10 to ZGYH. ZGYH has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
- ZGYH 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.
- 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 gets the benefit of the doubt for now.
- 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 Weekly and Daily overview Charts
ZGYH Setup Rating and Analysis
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. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
ZGYH Support and Resistance Analysis
9.83
2 important support areas can be observed.
- 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.
When analyzing the resistance we notice 3 important areas.
- 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.
ZGYH Technical Indicator Signal Analysis
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 Chart- and CandleStick Pattern Analysis
ZGYH Technicals: Chart, Performance Metrics, Trend & Indicators
10.28
-0.03 (-0.29%)
Yunhong International Cl A / ZGYH TA 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.
Can you provide the RSI signal for Yunhong International Cl A?
Yunhong International Cl A (ZGYH) has an RSI value of 47.4946. This indicates that the stock is currently neutral.
Can you provide the short term momentum for Yunhong International Cl A?
The short term momentum for Yunhong International Cl A (ZGYH) is neutral.
What are the support and resistance levels for Yunhong International Cl A (ZGYH) stock?
Yunhong International Cl A (ZGYH) has a support level at 10.27 and a resistance level at 10.28. Check the full technical report for our detailed analysis of ZGYH support and resistance levels.