JIN MEDICAL INTERNATIONAL LT (ZJYL) Stock Technical Analysis
NASDAQ:ZJYL • KYG5140V1124
We assign a technical rating of 1 out of 10 to ZJYL. 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: 98% of all stocks are doing better.
- ZJYL is part of the Health Care Equipment & Supplies industry. There are 185 other stocks in this industry, of which 84% are performing better than ZJYL.
- 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 0.11 - 0.18 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 very little resistance above the current price.
More info and screens
0.14
We found 1 important support area.
- Support @0.14 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @0.16 from a horizontal line in the daily time frame.
- 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 | 2.67 | NEGATIVE | ZJYL has a low relative strength, it was outperformed by 97.33% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ZJYL is below the rising 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) | 40.04 | 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) | 23.18 | NEUTRAL | The Stochastics value for ZJYL is a neutral value. |
| Average True Range in percent/ATR (20) | 13.97 | HIGH VOLATILITY | The high ATR as a percentage value for ZJYL suggests high volalility. |
| Average Directional Index/ADX (14) | 18.32 | NEGATIVE | The low ADX value for ZJYL suggests a weak or negative trend. |
0.14
0 (-0.71%)
JIN MEDICAL INTERNATIONAL LT / ZJYL FAQ
Can you provide the ChartMill technical rating for JIN MEDICAL INTERNATIONAL LT?
ChartMill assigns a technical rating of 1 / 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 40.0433. 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 0.00341859, 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.