ZHONGCHAO INC-CLASS A (ZCMD) Stock Technical Analysis
NASDAQ:ZCMD - Nasdaq - KYG9897X1152 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to ZCMD. ZCMD's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
83% of all other stocks performed better in the past year than ZCMD.
ZCMD is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month ZCMD has a been trading in the 1.34 - 1.63 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
Warning: ZCMD has an average volume of 11856 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
ZCMD is an average performer in the Diversified Consumer Services industry, it outperforms 47% of 71 stocks in the same industry.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, ZCMD does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 1.38, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ZCMD 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
1.02
2.37
We found 3 important support areas.
- A support zone ranging from 1.36 to 1.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 1.08 to 1.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.03 from a horizontal line in the daily time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 1.45 to 1.46. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Resistance @1.52 from a horizontal line in the daily time frame.
- Resistance @1.61 from a trend line in the weekly time frame.
- Resistance @2.35 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.49
Mansfield-1.49
10 Day High1.5
10 Day Low1.36
20 Day High1.63
20 Day Low1.34
52 Week High4.6
52 Week Low1
Performance
1 Week-4.01%
2 Weeks-4.47%
1 Month2.21%
3 Month31.13%
6 Month-0.71%
12 Month-63.41%
2 Year-86.24%
3 Year-91.97%
5 Year-96.44%
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)0.01
RSI(14)44.23
LBB1.34
UBB1.51
NASDAQ:ZCMD (2/21/2025, 8:00:02 PM)
1.39
-0.05 (-3.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDiversified Consumer Services
Performance
% Chg-3.47%
1 Week-4.01%
2 Weeks-4.47%
1 Month2.21%
3 Month31.13%
6 Month-0.71%
12 Month-63.41%
2 Year-86.24%
3 Year-91.97%
5 Year-96.44%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%7.02%
ATR Inc-1.85%
Range Today0.05
ADR(20)0.08
ADR(20)%5.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS17.49
Mansfield-1.49
10 Day High1.5
10 Day Low1.36
20 Day High1.63
20 Day Low1.34
52 Week High4.6
52 Week Low1
CS1 End1.38
CR1 Start1.45
Volume & EV
DER(3)11.22%
DER(5)12.73%
Volume9.90K
Volume Incr-45.51%
Vol(5)3.28K
Vol(50)11.86K