ZJK INDUSTRIAL CO LTD (ZJK) Stock Technical Analysis
NASDAQ:ZJK - Nasdaq - KYG98Y9E1025 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to ZJK. ZJK'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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, ZJK is a bad performer in the overall market: 100% of all stocks are doing better.
ZJK is one of the lesser performing stocks in the Machinery industry. 94% of 128 stocks in the same industry do better.
In the last month ZJK has a been trading in the 4.25 - 5.82 range, which is quite wide. It is currently trading near the lows of this range.
Volume is considerably higher in the last couple of days.
ZJK has a poor technical rating and the quality of the setup is also only medium at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
4.20
5.43
When analyzing the support we can see 3 important areas.
- A support zone ranging from 4.47 to 4.53. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @4.33 from a trend line in the weekly time frame.
- Support @4.24 from a horizontal line in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 4.95 to 5.01. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- Resistance @5.12 from a trend line in the daily time frame.
- Resistance @5.38 from a trend 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 ZJK is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ZJK is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | ZJK has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ZJK is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ZJK is above a declining SMA(50). |
| Relative Strength Index/RSI (14) | 48.26 | NEUTRAL | The RSI value for ZJK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests ZJK has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 29.72 | NEUTRAL | The Stochastics value for ZJK is a neutral value. |
| Average True Range in percent/ATR (20) | 11.07 | HIGH VOLATILITY | The high ATR as a percentage value for ZJK suggests high volalility. |
| Average Directional Index/ADX (14) | 11.52 | NEGATIVE | The low ADX value for ZJK 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)
4.55
-0.05 (-1.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-1.09%
1 Week1.79%
2 Weeks3.41%
1 Month-5.99%
3 Month-7.33%
6 Month-60.23%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.52
ATR(20)%11.07%
ATR Inc-7.44%
Range Today0.46
ADR(20)0.46
ADR(20)%10.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High5.82
10 Day Low4.25
20 Day High5.82
20 Day Low4.25
52 Week HighN/A
52 Week LowN/A
CS1 End4.53
CR1 Start4.95
Volume & EV
DER(3)-10.96%
DER(5)-4.47%
Volume287.50K
Volume Incr11647.91%
Vol(5)3.29M
Vol(50)364.67K