Technical Analysis for BIMI - NF Energy Saving Corporation

Grade Last Price % Change Price Change
grade F 2.1442 0.67% 0.01
BIMI closed up 0.67 percent on Wednesday, August 21, 2019, on 1.52 times normal volume. The bears made the stock sink to a new 52-week low. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Earnings due: Aug 26

*** please verify all earnings dates ***

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Strong Down Down Down
See historical BIMI trend table...

Date Alert Name Type % Chg
MACD Bullish Signal Line Cross Bullish 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
New 52 Week Low Weakness 0.00%
Outside Day Range Expansion 0.00%
Oversold Stochastic Weakness 0.00%
Oversold Stochastic Weakness 0.67%
New 52 Week Closing Low Bearish 1.14%
Narrow Range Bar Range Contraction 1.14%
Down 3 Days in a Row Weakness 1.14%
Oversold Stochastic Weakness 1.14%

Older signals for BIMI ...

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Basic chart:
NF Energy Saving Corporation, through its subsidiaries, engages in the production and sale of energy-saving and intelligent flow control equipment in the People's Republic of China. The company manufactures large diameter energy efficient intelligent flow control systems for thermal and nuclear power generation plants, and national and regional water supply projects, as well as for municipal water, gas, and heat supply pipeline networks. It also provides equipment related to desulfurization, denitration, and dust removal for electric power generation, metallurgy, petrochemical, steel, cement, and heating supply industries. In addition, the company offers energy saving technology consulting, optimization design services, energy saving reconstruction of pipeline networks, and contractual energy management services for electric power, petrochemical, coal, metallurgy, construction, and municipal infrastructure industries. Further, it provides industrial valve components that are used in water supply and sewage systems, coal and gas fields, power generation stations, and petroleum and chemical industries; and develops and produces hi-tech and automatic-intelligence valve products. NF Energy Saving Corporation also exports its products to the United States, Russia, Turkey, Italy, Bulgaria, South Korea, Vietnam, India, Thailand, South Africa, Iraq, and Afghanistan. The company was formerly known as NF Energy Saving Corporation of America and changed its name to NF Energy Saving Corporation in August 2009. NF Energy Saving Corporation is based in Shenyang, the People's Republic of China.
Energy Steel Cement Energy Industry Energy Economics Energy Efficiency Energy Technology Flow Control Energy Development Energy Conservation Technology Consulting Chemical Industries Energy Policy Sewage Systems
Is BIMI a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 2 bullish, 3 bearish and 0 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicator Value
52 Week High 25.0
52 Week Low 2.0568
Average Volume 28,958
200-Day Moving Average 6.3953
50-Day Moving Average 2.4513
20-Day Moving Average 2.2746
10-Day Moving Average 2.1749
Average True Range 0.2138
ADX 28.89
+DI 25.4988
-DI 14.4056
Chandelier Exit (Long, 3 ATRs ) 2.4286
Chandelier Exit (Short, 3 ATRs ) 2.6982
Upper Bollinger Band 2.5613
Lower Bollinger Band 1.9879
Percent B (%b) 0.27
BandWidth 25.208828
MACD Line -0.1121
MACD Signal Line -0.1139
MACD Histogram 0.0018
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 2.42
Resistance 3 (R3) 2.42 2.33 2.37
Resistance 2 (R2) 2.33 2.26 2.33 2.36
Resistance 1 (R1) 2.24 2.22 2.28 2.24 2.34
Pivot Point 2.15 2.15 2.17 2.15 2.15
Support 1 (S1) 2.05 2.08 2.10 2.05 1.95
Support 2 (S2) 1.96 2.03 1.96 1.93
Support 3 (S3) 1.87 1.96 1.92
Support 4 (S4) 1.87