ZJK INDUSTRIAL CO LTD-A (ZJK) Technical Analysis
NASDAQ:ZJK • KYG98Y9E1025
Current stock price
ZJK Technical Rating and Analysis
Overall ZJK gets a technical rating of 1 out of 10. ZJK scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- When comparing the yearly performance of all stocks, ZJK is a bad performer in the overall market: 84% of all stocks are doing better.
- ZJK is part of the Machinery industry. There are 131 other stocks in this industry, of which 80% are performing better than ZJK.
- ZJK 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 ZJK is lagging the market.
- Warning: ZJK has an average volume of 17610 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- In the last month ZJK has a been trading in the 1.45 - 2.30 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
ZJK Weekly and Daily overview Charts
ZJK Setup Rating and Analysis
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
ZJK Support and Resistance Analysis
1.91
When analyzing the support we notice one important area.
- A support zone ranging from 1.93 to 1.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- Resistance @2.32 from a trend line in the weekly time frame.
- Resistance @3.09 from a trend line in the daily time frame.
ZJK 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 | 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 | 16.61 | NEGATIVE | ZJK has a low relative strength, it was outperformed by 83.39% 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) | DOWN | MIXED | The current price of ZJK is above a declining 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) | 63.75 | NEUTRAL | The RSI value for ZJK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests ZJK has a positive trend. |
| Stochastics (14,3) | 68.62 | NEUTRAL | The Stochastics value for ZJK is a neutral value. |
| Average True Range in percent/ATR (20) | 7.81 | HIGH VOLATILITY | The high ATR as a percentage value for ZJK suggests high volalility. |
| Average Directional Index/ADX (14) | 31.01 | POSITIVE | The high ADX value value for ZJK suggests a strong trend. |
ZJK Chart- and CandleStick Pattern Analysis
ZJK Technicals: Chart, Performance Metrics, Trend & Indicators
2.21
+0.27 (+13.92%)
ZJK INDUSTRIAL CO LTD-A / ZJK TA FAQ
What is the technical rating for ZJK stock?
ChartMill assigns a technical rating of 1 / 10 to ZJK.
What is the current trend direction of ZJK INDUSTRIAL CO LTD-A (ZJK) stock?
The current trend direction for ZJK INDUSTRIAL CO LTD-A (ZJK) is Bearish.
What is the RSI signal for ZJK INDUSTRIAL CO LTD-A (ZJK) stock?
ZJK INDUSTRIAL CO LTD-A (ZJK) has an RSI value of 63.7457. This indicates that the stock is currently neutral.
What is the short term momentum for ZJK stock?
The short term momentum for ZJK INDUSTRIAL CO LTD-A (ZJK) is neutral.
What is the support and resistance level for ZJK stock?
ZJK INDUSTRIAL CO LTD-A (ZJK) has a support level at 1.93 and a resistance level at 2.32. Check the full technical report for our detailed analysis of ZJK support and resistance levels.