Technical Analysis for ZCMD - Zhongchao Inc.

Grade Last Price % Change Price Change
F 1.29 -3.01% -0.04
ZCMD closed down 3.01 percent on Friday, November 1, 2024, on 2 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
0 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down

Date Alert Name Type % Chg
Hammer Candlestick Bullish 0.00%
Stochastic Buy Signal Bullish 0.00%
NR7 Range Contraction 0.00%
Narrow Range Bar Range Contraction 0.00%
Wide Bands Range Expansion 0.00%
Down 3 Days in a Row Weakness 0.00%
Down 4 Days in a Row Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Inside Day Range Contraction -3.01%
Wide Bands Range Expansion -3.01%

   Recent Intraday Alerts

Alert Time
Down 3% about 18 hours ago
Possible NR7 about 18 hours ago
Fell Below Previous Day's Low about 21 hours ago
Down 2 % about 21 hours ago
Down 1% about 21 hours ago

Free Daily (Stock) Chart Reading

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

Zhongchao, Inc. provides healthcare information, education and training services. It offers online and onsite health information services, healthcare education programs, and healthcare training products, consisting primarily of clinical practice training, open classes of medical topics, interactive case studies, academic conference & workshops, continuing education courses, articles & short videos with educational healthcare content to healthcare professionals as well as the public. The company was founded by Weiguang Yang and Dan Li in April 16, 2019 and is headquartered in Shanghai, China.
Classification

Sector: Healthcare
Industry: Health Information Services
Keywords: Health Care Healthcare Information Healthcare Education

Is ZCMD 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 10.9
52 Week Low 1.0094
Average Volume 906,491
200-Day Moving Average 1.78
50-Day Moving Average 1.58
20-Day Moving Average 1.67
10-Day Moving Average 1.42
Average True Range 0.19
RSI (14) 35.48
ADX 12.47
+DI 26.19
-DI 26.16
Chandelier Exit (Long, 3 ATRs) 2.12
Chandelier Exit (Short, 3 ATRs) 1.80
Upper Bollinger Bands 2.29
Lower Bollinger Band 1.05
Percent B (%b) 0.19
BandWidth 74.01
MACD Line -0.11
MACD Signal Line -0.05
MACD Histogram -0.0581
Fundamentals Value
Market Cap 26.49 Million
Num Shares 20.5 Million
EPS -0.30
Price-to-Earnings (P/E) Ratio -4.30
Price-to-Sales 0.61
Price-to-Book 0.41
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 1.41
Resistance 3 (R3) 1.41 1.37 1.39
Resistance 2 (R2) 1.37 1.33 1.37 1.39
Resistance 1 (R1) 1.33 1.32 1.31 1.33 1.38
Pivot Point 1.28 1.28 1.27 1.29 1.28
Support 1 (S1) 1.25 1.25 1.22 1.25 1.20
Support 2 (S2) 1.20 1.23 1.20 1.19
Support 3 (S3) 1.16 1.20 1.19
Support 4 (S4) 1.17