JIN MEDICAL INTERNATIONAL LT (ZJYL) Stock Technical Analysis
NASDAQ:ZJYL - Nasdaq - KYG5140V1124 - Common Stock - Currency: USD
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.
When comparing the yearly performance of all stocks, ZJYL is a bad performer in the overall market: 89% of all stocks are doing better.
ZJYL is part of the Health Care Equipment & Supplies industry. There are 189 other stocks in this industry, of which 67% are performing better than ZJYL.
ZJYL is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so ZJYL is lagging the market.
In the last month ZJYL has a been trading in the 0.60 - 0.96 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. 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
0.62
1.05
When analyzing the support we can see 2 important areas.
- Support @0.65 from a trend line in the daily time frame.
- Support @0.63 from a trend line in the weekly time frame.
We can see 5 important resistance areas.
- A resistance zone ranging from 0.79 to 0.80. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 0.82 to 0.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.87 from a trend line in the daily time frame.
- Resistance @1.01 from a horizontal line in the daily time frame.
- Resistance @1.04 from a horizontal 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 | 11.61 | NEGATIVE | ZJYL has a low relative strength, it was outperformed by 88.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ZJYL is below 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) | 48.16 | NEUTRAL | The RSI value for ZJYL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ZJYL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 64.19 | NEUTRAL | The Stochastics value for ZJYL is a neutral value. |
| Average True Range in percent/ATR (20) | 10.61 | HIGH VOLATILITY | The high ATR as a percentage value for ZJYL suggests high volalility. |
| Average Directional Index/ADX (14) | 19.11 | NEGATIVE | The low ADX value for ZJYL 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)
0.7845
-0.01 (-1.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-1.2%
1 Week-1.58%
2 Weeks-5.48%
1 Month-12.41%
3 Month2.7%
6 Month-25.99%
12 Month-71.37%
2 Year174.22%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%10.61%
ATR Inc-66.39%
Range Today0.03
ADR(20)0.08
ADR(20)%10.18%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.61
Mansfield-5.61
10 Day High0.9
10 Day Low0.6
20 Day High0.97
20 Day Low0.6
52 Week High4.38
52 Week Low0.56
CS1 End0.65
CR1 Start0.79
Volume & EV
DER(3)17.47%
DER(5)8.89%
Volume61.70K
Volume Incr-82.24%
Vol(5)49.32K
Vol(50)268.35K