ZJK INDUSTRIAL CO LTD (ZJK) Stock Technical Analysis
NASDAQ:ZJK - KYG98Y9E1025 - Common Stock
3.85 USD
-0.05 (-1.28%)
3.78 USD
-0.07 (-1.82%)
Taking everything into account, ZJK scores 3 out of 10 in our technical rating. In the past year, ZJK was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
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 part of the Machinery industry. There are 128 other stocks in this industry, of which 93% are performing better than ZJK.
In the last month ZJK has a been trading in the 2.46 - 4.10 range, which is quite wide. It is currently trading near the high of this range.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of ZJK is bad and it also does not present a quality setup 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
3.81
5.03
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 3.86 to 3.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @4.98 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 | UP | POSITIVE | The short term trend for ZJK is up. |
| 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) | UP | POSITIVE | The current price of ZJK is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ZJK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ZJK is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 61.86 | NEUTRAL | The RSI value for ZJK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests ZJK has a positive trend. |
| Stochastics (14,3) | 82.41 | OVERBOUGHT | The high Stochastics value suggests ZJK may be overbought. |
| Average True Range in percent/ATR (20) | 8.58 | HIGH VOLATILITY | The high ATR as a percentage value for ZJK suggests high volalility. |
| Average Directional Index/ADX (14) | 21.86 | NEUTRAL | The ADX value for ZJK suggests a possible start of a new 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)
3.85
-0.05 (-1.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-1.28%
1 Week13.57%
2 Weeks22.42%
1 Month18.1%
3 Month-16.76%
6 Month-40.77%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.34
ATR(20)%8.58%
ATR Inc11.63%
Range Today0.28
ADR(20)0.32
ADR(20)%8.34%
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 High4.1
10 Day Low3.07
20 Day High4.1
20 Day Low2.46
52 Week HighN/A
52 Week LowN/A
CS1 EndN/A
CR1 Start3.86
Volume & EV
DER(3)15.9%
DER(5)19.6%
Volume100.60K
Volume Incr65.9%
Vol(5)68.54K
Vol(50)62.12K