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ZJYL Stock Tickeron detected bullish Stock Pattern: Three Rising Valleys ZJYL on July 16, 2024, netting in a 42.80% gain over 2 weeks

A.I.dvisor
at Tickeron.com
07/17/24
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+42.80% Gain from a Successful pattern Three Rising Valleys
ZJYL - JIN MEDICAL INTERNATIONAL Ltd
Ticker: ZJYL
Company: JIN MEDICAL INTERNATIONAL
Gain: +42.8%
Confirmed: 07/16/24
Succeeded: 07/16/24
Total length: 19 days
On June 27, 2024, A.I.dvisor detected a Three Rising Valleys Pattern (Bullish) for JIN MEDICAL INTERNATIONAL Ltd (ZJYL, $2.57). On July 16, 2024, A.I.dvisor confirmed the Bullish pattern, setting a target price of $3.73. On July 16, 2024, ZJYL reached the target price resulting in a +4 for traders who took a long position in the stock.

ZJYL sees its Stochastic Oscillator climbs out of oversold territory

On October 10, 2024, the Stochastic Oscillator for ZJYL moved out of oversold territory and this could be a bullish sign for the stock. Traders may want to buy the stock or buy call options. Tickeron's A.I.dvisor looked at 17 instances where the indicator left the oversold zone. In of the 17 cases the stock moved higher in the following days. This puts the odds of a move higher at over .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

Following a +5 3-day Advance, the price is estimated to grow further. Considering data from situations where ZJYL advanced for three days, in of 80 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The 10-day RSI Indicator for ZJYL moved out of overbought territory on September 23, 2024. This could be a bearish sign for the stock. Traders may want to consider selling the stock or buying put options. Tickeron's A.I.dvisor looked at 13 similar instances where the indicator moved out of overbought territory. In of the 13 cases, the stock moved lower in the following days. This puts the odds of a move lower at .

The Momentum Indicator moved below the 0 level on October 03, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on ZJYL as a result. In of 32 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for ZJYL turned negative on October 01, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 12 similar instances when the indicator turned negative. In of the 12 cases the stock turned lower in the days that followed. This puts the odds of success at .

ZJYL moved below its 50-day moving average on September 24, 2024 date and that indicates a change from an upward trend to a downward trend.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where ZJYL declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

ZJYL broke above its upper Bollinger Band on September 20, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

The Aroon Indicator for ZJYL entered a downward trend on September 13, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Fundamental Analysis (Ratings)

Fear & Greed

Tickeron has a positive outlook on this ticker and predicts a further increase by more than 4.00% within the next month with a likelihood of 37%.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. ZJYL’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (22.173) is normal, around the industry mean (22.978). P/E Ratio (159.204) is within average values for comparable stocks, (83.568). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (5.667). Dividend Yield (0.000) settles around the average of (0.018) among similar stocks. P/S Ratio (25.907) is also within normal values, averaging (47.711).

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. ZJYL’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 87, placing this stock worse than average.

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ZJYL
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General Information

Industry MedicalSpecialties

Profile
Fundamentals
Details
Industry
N/A
Address
No. 33 Lingxiang Road,
Phone
+86 51989607972
Employees
291
Web
N/A