SHENGFENG DEVELOPMENT LTD-A (SFWL)

KYG8117B1014 - Common Stock

1.99  +0.01 (+0.51%)

After market: 1.94 -0.05 (-2.51%)

Technical Rating and Analysis

4

We assign a technical rating of 4 out of 10 to SFWL. Recently some decent action could be observed, but in the medium term time frame this is still negative. SFWL was also a bad performer in the overall market in the last year.

When comparing the yearly performance of all stocks, SFWL is a bad performer in the overall market: 91% of all stocks are doing better.
SFWL is part of the Air Freight & Logistics industry. There are 17 other stocks in this industry, of which 81% are performing better than SFWL.
SFWL 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 SFWL has a been trading in the 1.38 - 2.18 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.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
SFWL Weekly chart
SFWL Daily chart
Setup Rating and Analysis

6

SFWL has an average technical rating and also the quality of the setup is only medium 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.

Support and Resistance Analysis

1.49

2.02

We found 2 important support areas.

  • A support zone ranging from 1.78 to 1.79. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Support @1.50 from a horizontal line in the daily time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 2.00 to 2.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.56
Mansfield-7.37
10 Day High2.1
10 Day Low1.73
20 Day High2.18
20 Day Low1.38
52 Week High17.6
52 Week Low1.38
Performance
1 Week3.11%
2 Weeks7.57%
1 Month22.09%
3 Month1.02%
6 Month-82.28%
12 Month-66.89%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.03
RSI(14)60.67
LBB1.69
UBB2.04
SFWL Daily chart

SHENGFENG DEVELOPMENT LTD-A

NASDAQ:SFWL (5/17/2024, 7:25:57 PM)

After market: 1.94 -0.05 (-2.51%)

1.99

+0.01 (+0.51%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAir Freight & Logistics
Performance
% Chg0.51%
1 Week3.11%
2 Weeks7.57%
1 Month22.09%
3 Month1.02%
6 Month-82.28%
12 Month-66.89%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.15
ATR(20)%9.02%
ATR Inc
Range Today0.14
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High2.1
10 Day Low1.73
20 Day High2.18
20 Day Low1.38
52 Week High17.6
52 Week Low1.38
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume182.10K
Volume Incr-81.8%
Vol(5)78.84K
Vol(50)303.90K