Shanghai Stock Analysis

What Is Happening With Beijing TongRenTang Co.,Ltd (600085)? (2019-07-12)

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Beat The Market Analyzer: http://tallahasseescene.com/recommended-tool-for-SHANGHAI600085-investors (this is a fantastic tool – use this to analyze Beijing TongRenTang Co.,Ltd in much more depth)
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Trading Code: http://tallahasseescene.com/tradingcode-for-SHANGHAI600085-investors
Trader HR: http://tallahasseescene.com/traderHR-for-SHANGHAI600085-investors

REPORTING FOR 2019-07-12 | TALLAHASSEESCENE.COM: We have conducted a deep analysis of how Beijing TongRenTang Co.,Ltd (600085) has been trading over the last 2 weeks and the past day especially. On its latest session, Beijing TongRenTang Co.,Ltd (600085) opened at 30.0, reaching a high of 30.21 and a low of 29.8 before closing at a price of 30.0. There was a total volume of 2093321.

VOLUME INDICATORS: We saw an accumulation-distribution index of 202.33516, an on-balance volume of -29.95, chaikin money flow of 2.90476 and a force index of -0.0006. There was an ease of movement rating of -0.00039, a volume-price trend of 0.20891 and a negative volume index of 1000.0.

VOLATILITY: We noted an average true range of 0.42606, bolinger bands of 29.93713, an upper bollinger band of 29.51287, lower bollinger band of 29.8, a bollinger high band indicator of 1.0, bollinger low band indicator of 1.0, a central keltner channel of 30.00333, high band keltner channel of 29.79333, low band keltner channel of 30.21333, 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 29.8, a donchian channel low band of 29.8, 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 -0.00337, a MACD signal of -0.00187, a MACD difference of -0.0015, a fast Exponential Moving Average (EMA) indicator of 29.8, a slow Exponential Moving Average (EMA) indicator of 29.8, 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 0.4182, a trix of 0.2769, a Mass Index (MI) of 1.0, a Commodity Channel Index (CCI) of -66.66667, a Detrended Price Oscillator (DPO) of -0.2245, a KST Oscillator (KST) of 7.59074 and a KST Oscillator (KST Signal) of 7.59074 (leaving a KST difference of -1.26794). We also found an Ichimoku rating of 30.105, an Ichimoku B rating of 30.105, a Ichimoku visual trend A of 30.2613, an Ichimoku visual trend B of 30.3522, 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 100.0, a True Strength Index (TSI) of 100.0, an ultimate oscillator of 52.88575, a stochastic oscillator of 195.2381, a stochastic oscillator signal of 195.2381, a Williams %R rating of 95.2381 and an awesome oscillator of 0.086.

RETURNS: There was a daily return of 0.75907, a daily log return of -0.50463 and a cumulative return of -0.50336.

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 Beijing TongRenTang Co.,Ltd (600085)…

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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 Beijing TongRenTang Co.,Ltd (600085) 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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