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China Medicine Corporation

CHME•PNK
Healthcare
Medical - Distribution
$0.01
$0.00(0.00%)
U.S. Market opens in 11h 59m

China Medicine Corporation (CHME) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for China Medicine Corporation (PNK:CHME).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

CHME Technical Analysis Summary

China Medicine Corporation stock currently shows a bearish trend, weighed down by selling pressure and weak momentum.

Overall Sentiment:Sell
Momentum:Bullish to Strongly Bullish (RSI: 0.69)
Trend Strength:Very Strong (ADX: 62.59)
Support/Resistance:$0.00 – $0.04 (Bollinger Bands)

Technical conditions suggest China Medicine Corporation is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 0.69

Bullish
Oversold, buying opportunity potential.

Stochastic %K: 0.00

Bullish
Oversold zone signals rebound potential.

Williams %R: -100.00

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -71.14

Strongly Bearish
Sharp downside momentum.

Takeaway:Insufficient data to determine overall momentum trend.

Trend & Volatility

MACD: -0.01

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 62.59

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 0.00

Low
Low volatility, stable price action.

CCI (14): -46.67

Bearish
Bearish, momentum remains under pressure.

Takeaway:China Medicine Corporation shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.04
Middle Band (SMA 20)
$0.02
Lower Band
-
Current Position
Unknown
Keltner Channels
Upper Channel
$0.02
Middle Line (EMA 20)
$0.02
Lower Channel
$0.01
Squeeze Status
Unknown

Takeaway:China Medicine Corporation trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-114.00K
Money Flow Index39.95Bearish, selling pressure outweighs inflows.
Relative Vigor Index0.00Bearish, price momentum favors sellers.

Overall Takeaway:CHME shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of China Medicine Corporation, here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for China Medicine Corporation are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ