JIN MEDICAL INTERNATIONAL LT (ZJYL) Stock Technical Analysis
NASDAQ:ZJYL • KYG5140V1124
Overall ZJYL gets a technical rating of 0 out of 10. ZJYL 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 negative, as is the long term trend. There should be more interesting stocks out there.
- 97% of all other stocks performed better in the past year than ZJYL.
- ZJYL is one of the lesser performing stocks in the Health Care Equipment & Supplies industry. 83% of 185 stocks in the same industry do better.
- ZJYL is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month ZJYL has a been trading in the 0.13 - 0.16 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
ZJYL has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 0.14, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ZJYL in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.14
We found 1 important support area.
- A support zone ranging from 0.14 to 0.14. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 0.16 to 0.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.25 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 ZJYL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ZJYL is down. |
| ChartMill Relative Strength | 3.4 | NEGATIVE | ZJYL has a low relative strength, it was outperformed by 96.6% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ZJYL is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ZJYL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ZJYL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.36 | NEUTRAL | The RSI value for ZJYL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests ZJYL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 60.95 | NEUTRAL | The Stochastics value for ZJYL is a neutral value. |
| Average True Range in percent/ATR (20) | 9.1 | HIGH VOLATILITY | The high ATR as a percentage value for ZJYL suggests high volalility. |
| Average Directional Index/ADX (14) | 15.19 | NEGATIVE | The low ADX value for ZJYL suggests a weak or negative trend. |
0.1451
-0.01 (-4.1%)
JIN MEDICAL INTERNATIONAL LT / ZJYL FAQ
Can you provide the ChartMill technical rating for JIN MEDICAL INTERNATIONAL LT?
ChartMill assigns a technical rating of 0 / 10 to ZJYL.
What is the trend direction for ZJYL stock?
The current trend direction for JIN MEDICAL INTERNATIONAL LT (ZJYL) is Bearish.
What is the RSI signal for ZJYL stock?
JIN MEDICAL INTERNATIONAL LT (ZJYL) has an RSI value of 45.3589. This indicates that the stock is currently neutral.
What is the MACD signal for ZJYL stock?
The MACD indicator for JIN MEDICAL INTERNATIONAL LT (ZJYL) has a value of 0.00374644, indicating a bearish trend.
Can you provide the short term momentum for JIN MEDICAL INTERNATIONAL LT?
The short term momentum for JIN MEDICAL INTERNATIONAL LT (ZJYL) is negative.