Technical Analysis for CCM - Concord Medical Services Holdings Limited ADS

Grade Last Price % Change Price Change
F 4.20 -6.67% -0.30
CCM closed down 6.67 percent on Wednesday, November 20, 2024, on 1.5 times normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down

Date Alert Name Type % Chg
Reversal New Lows Setup Bearish Swing Setup 0.00%
Outside Day Range Expansion 0.00%
Wide Bands Range Expansion 0.00%
Gapped Up Strength 0.00%
Down 3 Days in a Row Weakness 0.00%
Down 4 Days in a Row Weakness 0.00%
Down 5 Days in a Row Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Narrow Range Bar Range Contraction -6.67%
Wide Bands Range Expansion -6.67%

   Recent Intraday Alerts

Alert Time
Down 5% 2 days ago
Down 3% 2 days ago
Fell Below Previous Day's Low 2 days ago
Down 2 % 2 days ago
Down 1% 2 days ago

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Profile

Concord Medical Services Holdings Limited ADS Description

Concord Medical Services Holdings Limited, through its subsidiaries, operates a network of radiotherapy and diagnostic imaging centers. Its services include linear accelerators external beam radiotherapy, gamma knife radiosurgery, head gamma knife systems, body gamma knife systems, proton beam therapy, and diagnostic imaging services. The company also offers other treatments and diagnostic services through the use of medical equipment comprising electroencephalography for the diagnosis of epilepsy; thermotherapy for pain relief after radiotherapy and chemotherapy; ultrasound therapy for the treatment of cancer; stereotactic radiofrequency ablation for the treatment of Parkinson's disease; and refraction and tonometry for the diagnosis of ophthalmic conditions. In addition, it provides clinical support services, such as developing treatment protocols for doctors; and organizing joint diagnosis between doctors in its network and clinical research. Further, the company offers radiotherapy and diagnostic equipment leasing and management services to hospitals, as well as engages in the sale of medical equipment. The company, through its subsidiaries, Cyber Medical and Shanghai Medstar, holds 52% equity interest in Chang'an Hospital with a capacity of 1,100 beds. It also focuses on establishing the Beijing Proton Medical Center and Guangzhou Taihe Cancer Hospital, two specialty cancer hospitals that would offer radiotherapy services to cancer patients, including proton beam therapy. As of March 31, 2013, the Company operated a network of 137 centers with 77 hospital partners in 54 cities and 24 provinces and administrative regions in China. Concord Medical Services Holdings Limited was founded in 1996 and is headquartered in Beijing, the People's Republic of China.


Classification

Sector: Healthcare
Industry: Medical Care
Keywords: Medicine Cancer Pain Treatment Of Cancer Medical Equipment Chemotherapy Parkinson's Disease Clinical Research Ophthalmic Radiation Therapy Epilepsy Ultrasound Medical Physics Diagnostic Imaging Ablation Treatment Of Parkinson's Disease Therapy Services Diagnostic Services Electroencephalography Medical Services Proton Diagnostic Equipment Radiobiology Diagnostic Imaging Centers Radiofrequency Ablation Radiosurgery Radiotherapy Clinical Support Services Diagnostic Imaging Services Proton Beam Therapy

Is CCM a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 26.7
52 Week Low 3.818
Average Volume 7,703
200-Day Moving Average 6.72
50-Day Moving Average 6.51
20-Day Moving Average 6.27
10-Day Moving Average 5.03
Average True Range 0.65
RSI (14) 24.81
ADX 27.61
+DI 18.28
-DI 33.00
Chandelier Exit (Long, 3 ATRs) 7.13
Chandelier Exit (Short, 3 ATRs) 6.14
Upper Bollinger Bands 8.92
Lower Bollinger Band 3.61
Percent B (%b) 0.11
BandWidth 84.80
MACD Line -0.71
MACD Signal Line -0.47
MACD Histogram -0.2442
Fundamentals Value
Market Cap 182.35 Million
Num Shares 43.4 Million
EPS -1.50
Price-to-Earnings (P/E) Ratio -2.80
Price-to-Sales 0.06
Price-to-Book 3.00
PEG Ratio 0.00
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 5.52
Resistance 3 (R3) 5.67 5.37 5.30
Resistance 2 (R2) 5.37 5.04 5.30 5.23
Resistance 1 (R1) 4.79 4.83 4.64 4.64 5.15
Pivot Point 4.49 4.49 4.42 4.42 4.49
Support 1 (S1) 3.91 4.16 3.76 3.76 3.25
Support 2 (S2) 3.61 3.95 3.54 3.17
Support 3 (S3) 3.03 3.61 3.10
Support 4 (S4) 2.88