ZHONGCHAO INC-CLASS A (ZCMD)

KYG9897X1152 - Common Stock

1.26  -0.03 (-2.33%)

Technical Rating and Analysis

0

Taking everything into account, ZCMD scores 0 out of 10 in our technical rating. ZCMD scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
97% of all other stocks performed better in the past year than ZCMD.
ZCMD is part of the Diversified Consumer Services industry. There are 66 other stocks in this industry, of which 86% are performing better than ZCMD.
ZCMD 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 ZCMD is lagging the market.
In the last month ZCMD has a been trading in the 1.24 - 2.33 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
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

The technical rating of ZCMD is bad and it also does not present a 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

1.25

2.39

3 important resistance areas can be observed.

  • Resistance @1.67 from a trend line in the weekly time frame.
  • Resistance @2.15 from a trend line in the weekly time frame.
  • Resistance @2.37 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
CRS3.13
Mansfield-5.68
10 Day High1.66
10 Day Low1.24
20 Day High2.33
20 Day Low1.24
52 Week High10.21
52 Week Low1
Performance
1 Week-11.89%
2 Weeks-20.25%
1 Month-43.5%
3 Month-19.19%
6 Month-9.35%
12 Month-87.77%
2 Year-89.67%
3 Year-93.44%
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)-0.05
RSI(14)34.67
LBB1.19
UBB1.71
ZCMD Daily chart

ZHONGCHAO INC-CLASS A

NASDAQ:ZCMD (11/4/2024, 8:00:02 PM)

1.26

-0.03 (-2.33%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDiversified Consumer Services
Performance
% Chg-2.33%
1 Week-11.89%
2 Weeks-20.25%
1 Month-43.5%
3 Month-19.19%
6 Month-9.35%
12 Month-87.77%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.15
ATR(20)%13.13%
ATR Inc
Range Today0.02
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 High1.66
10 Day Low1.24
20 Day High2.33
20 Day Low1.24
52 Week High10.21
52 Week Low1
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume4.90K
Volume Incr-89.75%
Vol(5)21.36K
Vol(50)928.03K