CHINA PHARMA HLD.
CHINA PHARMA HLD.
- USD (-)
- 15 min delayed data - NYSE MKT Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: CPHI
ISIN:

CHINA PHARMA HLD. - Daily - Technical analysis published on 03/29/2021 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

A split or consolidation has occurred on this instrument. There is no more graph available on this analysis.

Summary of the analysis

Trends
Court terme: Strongly bullish
De fond: Strongly bullish
Technical indicators
61%
22%
17%
My opinion
Bullish above 1.040 USD
My targets
1.140 USD (+6.54%)
1.280 USD (+19.63%)
My analysis
The bullish trend is currently very strong on CHINA PHARMA HLD.. As long as the price remains above the support at 1.040 USD, you could try to benefit from the boom. The first bullish objective is located at 1.140 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 1.280 USD as an objective. Crossing it would then enable buyers to target 2.130 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.
Force
0
10
7.3

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This analysis was given by aymanm738. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

CHINA PHARMA HLD. rating 1.070 USD. On the day, this instrument gained +28.61% with the lowest point at 1.050 USD and the highest point at 1.630 USD. The deviation from the price is +1.90% for the low point and -34.36% for the high point.

1.050
1.630
1.070

The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner for higher/lower results shows the following items:

Central Records

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



The Central Volumes scanner detects abnormal volumes on the asset:

Central Volumes

Abnormal volumes

Timeframe : 5 days

Technical


Technical analysis of CHINA PHARMA HLD. in Daily shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 11 are bullish, 3 are neutral and 4 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

RSI indicator: bearish divergence

Type : Bearish

Timeframe : Daily


RSI indicator: bullish divergence

Type : Bullish

Timeframe : Daily


Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily


Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly


Pivot points : price is under support 3

Type : Neutral

Timeframe : Daily


Pivot points : price is under support 3

Type : Neutral

Timeframe : Weekly


MACD indicator is back under 0

Type : Bearish

Timeframe : Daily



An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Central Patterns

Near support of triangle

Type : Bullish

Timeframe : Daily



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.580 0.785 1.040 1.070 1.140 1.280 2.130
Change (%) -45.79% -26.64% -2.80% - +6.54% +19.63% +99.07%
Change -0.490 -0.285 -0.030 - +0.070 +0.210 +1.060
Level Major Major Intermediate - Major Major Minor



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.7610.7850.8090.8330.8570.8810.905
Camarilla0.8190.8230.8280.8320.8360.8410.845
Woodie0.7600.7850.8080.8330.8560.8810.904
Fibonacci0.7850.8040.8150.8330.8520.8630.881


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.4750.6370.7350.8970.9951.1571.255
Camarilla0.7610.7840.8080.8320.8560.8800.904
Woodie0.4420.6210.7020.8810.9621.1411.222
Fibonacci0.6370.7370.7980.8970.9971.0581.157


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard-0.0050.3420.6150.9621.2351.5821.855
Camarilla0.7170.7730.8300.8870.9441.0011.058
Woodie-0.0430.3240.5770.9441.1971.5641.817
Fibonacci0.3420.5790.7260.9621.1991.3461.582

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 58.59
MACD (12,26,9): 0.0070
Directional Movement: 38.406
AROON (14): 14.286
DEMA (21): 0.947
Parabolic SAR (0,02-0,02-0,2): 0.800
Elder Ray (13): 0.405
Super Trend (3,10): 1.091
Zig ZAG (10): 1.083
VORTEX (21): 1.0100
Stochastique (14,3,5): 23.26
TEMA (21): 0.926
Williams %R (14): -63.86
Chande Momentum Oscillator (20): 0.173
Repulse (5,40,3): -57.6980
ROCnROLL: 1
TRIX (15,9): 0.1250
Courbe Coppock: 15.60
MA7: 0.938
MA20: 0.916
MA50: 0.906
MA100: 0.688
MAexp7: 0.948
MAexp20: 0.933
MAexp50: 0.871
MAexp100: 0.756
Price / MA7: +14.07%
Price / MA20: +16.81%
Price / MA50: +18.10%
Price / MA100: +55.52%
Price / MAexp7: +12.87%
Price / MAexp20: +14.68%
Price / MAexp50: +22.85%
Price / MAexp100: +41.53%

Quotes : 2021-03-29 15:31:59 - 15 min delayed data - NYSE MKT Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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