Technical Analysis for TYHT - Shineco, Inc.

Grade Last Price % Change Price Change
B 18.58 21.28% 3.26
TYHT closed up 21.28 percent on Friday, May 14, 2021, on approximately normal volume. The bulls were able to push the stock to a new 52-week high. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.

Trend Table & Recent EOD Signals

ADX Long Term Intermediate Term Short Term
Very Strong Up Up Up
Historical TYHT trend table...

Date Alert Name Type % Chg
New 52 Week Closing High Bullish 0.00%
180 Bullish Setup Bullish Swing Setup 0.00%
Reversal New Highs Setup Bullish Swing Setup 0.00%
Wide Range Bar Range Expansion 0.00%
New 52 Week High Strength 0.00%
Stochastic Reached Overbought Strength 0.00%
Outside Day Range Expansion 0.00%
Wide Bands Range Expansion 0.00%
Overbought Stochastic Strength 0.00%
Calm After Storm Range Contraction 21.28%
Older End-of-Day Signals for TYHT ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Upper Bollinger Band Resistance 2 days ago
New 52 Week High 2 days ago
Up 2 ATRs 2 days ago
Up 10% 2 days ago
Up 1 ATR 2 days ago
View Earlier Intraday Alerts

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Profile

Shineco, Inc. Description

Shineco, Inc. (Shineco) is a holding company. The Company offers health and well-being focused plant-based products. The Company operates through three segments: Luobuma, which is engaged in developing, manufacturing and distributing specialized fabrics, textile products and other by-products derived from Chinese plant called Apocynum Venetum; Herbal products, which is engaged in planting, processing and distributing traditional Chinese medicinal herbal products, as well as other pharmaceutical products, and Agricultural products, which is engaged in planting, processing and distributing green and organic agricultural produce, as well as growing and cultivating Chinese Yew trees. The Company sells its products under various brand names, such as Tenethealth and Tenet Bojian. The Company also sells its Luobuma textile products online through third-party e-commerce Websites, such as Taobao, Tmall and 360buy.


Classification

Sector: Healthcare
Industry: Drug Manufacturers - Specialty & Generic
Keywords: Medicine Pharmaceutical Products Textile E Commerce Medicinal Plants Herbalism Agricultural Products Trees Online Marketplaces Organisms Plants Textile Products Herbal Products

Is TYHT a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 19.3575
52 Week Low 2.1
Average Volume 448,529
200-Day Moving Average 4.28
50-Day Moving Average 7.26
20-Day Moving Average 11.74
10-Day Moving Average 15.56
Average True Range 1.64
ADX 71.4
+DI 46.46
-DI 4.80
Chandelier Exit (Long, 3 ATRs ) 14.44
Chandelier Exit (Short, 3 ATRs ) 9.53
Upper Bollinger Band 20.11
Lower Bollinger Band 3.38
Percent B (%b) 0.91
BandWidth 142.47
MACD Line 2.99
MACD Signal Line 2.59
MACD Histogram 0.3998
Fundamentals Value
Market Cap 56.48 Million
Num Shares 3.04 Million
EPS 0.04
Price-to-Earnings (P/E) Ratio 530.86
Price-to-Sales 0.48
Price-to-Book 0.15
PEG Ratio 0.00
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 24.98
Resistance 3 (R3) 24.53 21.94 23.91
Resistance 2 (R2) 21.94 20.31 22.17 23.56
Resistance 1 (R1) 20.26 19.31 21.10 20.71 23.20
Pivot Point 17.68 17.68 18.10 17.90 17.68
Support 1 (S1) 15.99 16.05 16.84 16.45 13.96
Support 2 (S2) 13.41 15.04 13.64 13.60
Support 3 (S3) 11.73 13.41 13.25
Support 4 (S4) 12.18