Shanghai Stock Analysis

Crucial Technical Analysis Released on Zhende Medical Co.,Ltd. (603301) (2019-07-12)

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Beat The Market Analyzer: http://tallahasseescene.com/recommended-tool-for-SHANGHAI603301-investors (this is a fantastic tool – use this to analyze Zhende Medical Co.,Ltd. in much more depth)
MM Publishing: http://tallahasseescene.com/mmpublishing-for-SHANGHAI603301-investors
Trading Code: http://tallahasseescene.com/tradingcode-for-SHANGHAI603301-investors
Trader HR: http://tallahasseescene.com/traderHR-for-SHANGHAI603301-investors

REPORTING FOR 2019-07-12 | TALLAHASSEESCENE.COM: We have conducted a deep analysis of how Zhende Medical Co.,Ltd. (603301) has been trading over the last 2 weeks and the past day especially. On its latest session, Zhende Medical Co.,Ltd. (603301) opened at 22.46, reaching a high of 22.65 and a low of 21.82 before closing at a price of 22.43. There was a total volume of 3015993.0.

VOLUME INDICATORS: We saw an accumulation-distribution index of 204.97654, an on-balance volume of -22.68, chaikin money flow of 7.73684 and a force index of 1.1712. There was an ease of movement rating of 0.00192, a volume-price trend of -1.36975 and a negative volume index of 1000.0.

VOLATILITY: We noted an average true range of 0.4329, bolinger bands of 22.09426, an upper bollinger band of 21.24574, lower bollinger band of 21.82, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 22.31, high band keltner channel of 22.12, low band keltner channel of 22.5, a high band keltner channel indicator of 1.0 and a low band keltner channel indicator of 1.0. There was a donchian channel high band of 21.82, a donchian channel low band of 21.82, a donchian channel high band indicator of 1.0, and a donchian channel low band indicator of 1.0.

TREND: We calculated a Moving Average Convergence Divergence (MACD) of -0.00673, a MACD signal of -0.00374, a MACD difference of -0.00299, a fast Exponential Moving Average (EMA) indicator of 21.82, a slow Exponential Moving Average (EMA) indicator of 21.82, an Average Directional Movement Index (ADX) of unknown, an ADX positive of 20.0, an ADX negative of 20.0, a positive Vortex Indicator (VI) of 1.0, a negative VI of 1.0, a trend vortex difference of 1.28859, a trix of -3.97218, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of -66.66667, a Detrended Price Oscillator (DPO) of 1.40924, a KST Oscillator (KST) of -60.66668 and a KST Oscillator (KST Signal) of -60.66668 (leaving a KST difference of -3.22869). We also found an Ichimoku rating of 22.555, an Ichimoku B rating of 22.555, a Ichimoku visual trend A of 23.69777, an Ichimoku visual trend B of 23.14861, an Aroon Indicator (AI) up of 4.0 and an AI indicator down of 4.0. That left a difference of -4.0.

MOMENTUM: We found a Relative Strength Index (RSI) of 50.0, a Money Flow Index (MFI) of 19.24058, a True Strength Index (TSI) of -100.0, an ultimate oscillator of -143.29096, a stochastic oscillator of 436.84211, a stochastic oscillator signal of 436.84211, a Williams %R rating of 336.84211 and an awesome oscillator of -0.1425.

RETURNS: There was a daily return of -6.06667, a daily log return of -1.38442 and a cumulative return of -1.37489.

What the heck does all of this mean? If you are new to technical analysis, the above may be gibberish to you, and that’s OK (though we do advise learning these things). The bottom line is that AS OF 2019-07-12 (if you are reading this later, the analysis will be out of date), here is what our deep analysis of technical indicators are telling us for Zhende Medical Co.,Ltd. (603301)…

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DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling Zhende Medical Co.,Ltd. (603301) based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.

Abigale Lormen

Abigale is a Masters in Business Administration by education. After completing her post-graduation, Abigale jumped the journalism bandwagon as a freelance journalist. Soon after that she landed a job of reporter and has been climbing the news industry ladder ever since to reach the post of editor at Tallahasseescene. Currently she is focusing on writing technical analysis news articles.
Abigale Lormen
Abigale Lormen
Abigale is a Masters in Business Administration by education. After completing her post-graduation, Abigale jumped the journalism bandwagon as a freelance journalist. Soon after that she landed a job of reporter and has been climbing the news industry ladder ever since to reach the post of editor at Tallahasseescene. Currently she is focusing on writing technical analysis news articles.

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