Technical Analysis for CCM - Concord Medical Services Holdings Limited ADS

Grade Last Price % Change Price Change
grade F 2.3326 -1.24% -0.03
CCM closed down 1.24 percent on Friday, September 13, 2019, on 2 percent of normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

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

Date Alert Name Type % Chg
Stochastic Reached Oversold Weakness 0.00%
Gapped Down Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Narrow Range Bar Range Contraction -1.24%
Narrow Range Bar Range Contraction -1.24%
Gapped Down Weakness -1.24%
Narrow Range Bar Range Contraction -3.85%
Gapped Down Weakness -3.85%
Narrow Range Bar Range Contraction -4.01%

Older signals for CCM ...

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Basic chart:
Profile
Concord Medical Services Holdings Limited, through its subsidiaries, operates a network of radiotherapy and diagnostic imaging centers. Its services include linear accelerators external beam radiotherapy, gamma knife radiosurgery, head gamma knife systems, body gamma knife systems, proton beam therapy, and diagnostic imaging services. The company also offers other treatments and diagnostic services through the use of medical equipment comprising electroencephalography for the diagnosis of epilepsy; thermotherapy for pain relief after radiotherapy and chemotherapy; ultrasound therapy for the treatment of cancer; stereotactic radiofrequency ablation for the treatment of Parkinson's disease; and refraction and tonometry for the diagnosis of ophthalmic conditions. In addition, it provides clinical support services, such as developing treatment protocols for doctors; and organizing joint diagnosis between doctors in its network and clinical research. Further, the company offers radiotherapy and diagnostic equipment leasing and management services to hospitals, as well as engages in the sale of medical equipment. The company, through its subsidiaries, Cyber Medical and Shanghai Medstar, holds 52% equity interest in Chang'an Hospital with a capacity of 1,100 beds. It also focuses on establishing the Beijing Proton Medical Center and Guangzhou Taihe Cancer Hospital, two specialty cancer hospitals that would offer radiotherapy services to cancer patients, including proton beam therapy. As of March 31, 2013, the Company operated a network of 137 centers with 77 hospital partners in 54 cities and 24 provinces and administrative regions in China. Concord Medical Services Holdings Limited was founded in 1996 and is headquartered in Beijing, the People's Republic of China.
Medicine Health Cancer Pain Treatment Of Cancer Chemotherapy Ultrasound Parkinson's Disease Diagnostic Imaging Medical Physics Therapy Radiation Therapy Epilepsy Treatment Of Parkinson's Disease Radiobiology Diagnostic Services Radiosurgery Diagnostic Imaging Centers Proton Proton Beam Therapy Proton Therapy Radiotherapy Treatment Protocols
Is CCM a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 0 bullish, 4 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 3.84
52 Week Low 1.85
Average Volume 11,613
200-Day Moving Average 2.8757
50-Day Moving Average 2.5552
20-Day Moving Average 2.4564
10-Day Moving Average 2.4017
Average True Range 0.1119
ADX 35.29
+DI 13.9244
-DI 29.0049
Chandelier Exit (Long, 3 ATRs ) 2.5143
Chandelier Exit (Short, 3 ATRs ) 2.5757
Upper Bollinger Band 2.6295
Lower Bollinger Band 2.2833
Percent B (%b) 0.14
BandWidth 14.093796
MACD Line -0.0584
MACD Signal Line -0.0455
MACD Histogram -0.0129
Fundamentals Value
Market Cap 101.57 Million
Num Shares 43.5 Million
EPS -1.10
Price-to-Earnings (P/E) Ratio -2.12
Price-to-Sales 2.45
Price-to-Book 0.93
PEG Ratio 0.00
Dividend 0.00
Dividend Yield 0.00%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 2.42
Resistance 3 (R3) 2.41 2.37 2.40
Resistance 2 (R2) 2.37 2.35 2.38 2.40
Resistance 1 (R1) 2.35 2.34 2.36 2.36 2.39
Pivot Point 2.31 2.31 2.32 2.32 2.31
Support 1 (S1) 2.29 2.29 2.30 2.30 2.27
Support 2 (S2) 2.26 2.28 2.26 2.27
Support 3 (S3) 2.24 2.26 2.26
Support 4 (S4) 2.25