Technical Analysis for CCM - Concord Medical Services Holdings Limited ADS

Grade Last Price % Change Price Change
grade F 3.18 6.00% 0.18
CCM closed up 6.0 percent on Friday, January 18, 2019, on 1.19 times 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
Jan 18 Bullish Engulfing Bullish 0.00%
Jan 18 Outside Day Range Expansion 0.00%
Jan 18 Oversold Stochastic Weakness 0.00%
Jan 17 Narrow Range Bar Range Contraction 6.00%
Jan 17 Gapped Down Weakness 6.00%
Jan 17 Oversold Stochastic Weakness 6.00%
Jan 16 New Downtrend Bearish 4.61%
Jan 16 180 Bearish Setup Bearish Swing Setup 4.61%
Jan 16 Stochastic Reached Oversold Weakness 4.61%
Jan 16 Oversold Stochastic Weakness 4.61%

Older signals for CCM ...

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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.
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 4.2
52 Week Low 2.46
Average Volume 4,609
200-Day Moving Average 3.6124
50-Day Moving Average 3.5386
20-Day Moving Average 3.3095
10-Day Moving Average 3.278
Average True Range 0.1404
ADX 26.54
+DI 21.4886
-DI 36.6034
Chandelier Exit (Long, 3 ATRs ) 3.2388
Chandelier Exit (Short, 3 ATRs ) 3.3012
Upper Bollinger Band 3.7513
Lower Bollinger Band 2.8677
Percent B (%b) 0.35
BandWidth 26.698897
MACD Line -0.108
MACD Signal Line -0.079
MACD Histogram -0.029
Fundamentals Value
Market Cap 138.47 Million
Num Shares 43.5 Million
EPS -1.10
Price-to-Earnings (P/E) Ratio -2.89
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) 3.57
Resistance 3 (R3) 3.53 3.35 3.51
Resistance 2 (R2) 3.35 3.25 3.38 3.48
Resistance 1 (R1) 3.27 3.19 3.31 3.31 3.46
Pivot Point 3.09 3.09 3.12 3.12 3.09
Support 1 (S1) 3.01 2.99 3.05 3.05 2.90
Support 2 (S2) 2.83 2.93 2.86 2.88
Support 3 (S3) 2.75 2.83 2.86
Support 4 (S4) 2.79