ZHONGCHAO INC-CLASS A (ZCMD)

KYG9897X1152 - Common Stock

1.81  -0.13 (-6.81%)

After market: 1.75 -0.06 (-3.31%)

Technical Rating and Analysis

5

Taking everything into account, ZCMD scores 5 out of 10 in our technical rating. In the last year, ZCMD was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.

When comparing the yearly performance of all stocks, ZCMD is a bad performer in the overall market: 74% of all stocks are doing better.
ZCMD 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 ZCMD is lagging the market.
Warning: ZCMD has an average volume of 26418 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
ZCMD is an average performer in the Diversified Consumer Services industry, it outperforms 40% of 67 stocks in the same industry.
In the last month ZCMD has a been trading in the 1.03 - 2.50 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.
Weekly and Daily overview Charts
ZCMD Weekly chart
ZCMD Daily chart
Setup Rating and Analysis

3

ZCMD has an average technical rating and it also does not offer a high 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.

Support and Resistance Analysis

1.02

2.50

We found 1 important support area.

  • Support @1.03 from a horizontal line in the daily time frame.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 2.04 to 2.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @2.48 from a trend line in the daily time frame.
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
CRS26.7
Mansfield-1.36
10 Day High2.5
10 Day Low1.28
20 Day High2.5
20 Day Low1.03
52 Week High5.1
52 Week Low1
Performance
1 Week-20.55%
2 Weeks26.57%
1 Month60.18%
3 Month45.29%
6 Month49.59%
12 Month-61.75%
2 Year-84.24%
3 Year-89.83%
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)0.02
RSI(14)53.67
LBB1.09
UBB2.65
ZCMD Daily chart

ZHONGCHAO INC-CLASS A

NASDAQ:ZCMD (12/20/2024, 8:00:02 PM)

After market: 1.75 -0.06 (-3.31%)

1.81

-0.13 (-6.81%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDiversified Consumer Services
Performance
% Chg-6.81%
1 Week-20.55%
2 Weeks26.57%
1 Month60.18%
3 Month45.29%
6 Month49.59%
12 Month-61.75%
2 Year-84.24%
3 Year-89.83%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.3
ATR(20)%14.06%
ATR Inc-43.9%
Range Today0.21
ADR(20)0.24
ADR(20)%13.33%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS26.7
Mansfield-1.36
10 Day High2.5
10 Day Low1.28
20 Day High2.5
20 Day Low1.03
52 Week High5.1
52 Week Low1
CS1 End1.03
CR1 Start2.04
Volume & EV
DER(3)-5.03%
DER(5)-7.37%
Volume3.10K
Volume Incr-73.68%
Vol(5)6.84K
Vol(50)26.42K