Jiutian Chemical Group Limited (SGX:C8R) HEFFX Highlights

Jiutian Chemical Group Limited (SGX:C8R) HEFFX Highlights

Jiutian Chemical Group Limited (SGX:C8R) HEFFX Highlights

  • Jiutian Chemical Group Limited (Catalist:C8R) has a Piotroski F-Score of 8. The F-Score may help discover companies with strengthening balance sheets. The score may also be used to spot the weak performers. Joseph Piotroski developed the F-Score which employs nine different variables based on the company financial statement.
  • A single point is assigned to each test that a stock passes. Typically, a stock scoring an 8 or 9 would be seen as strong. On the other end, a stock with a score from 0-2 would be viewed as weak.

Jiutian Chemical Group Limited is an investment holding company. The Company is engaged in the manufacture and production of dimethylformamide (DMF) and methylamine. It is involved in the processing and sale of consumable carbon dioxide and oxygen. It operates through two business divisions: DMF division, which is engaged in producing DMF as its main product and methylamine as its secondary product, and Gas division, which is engaged in producing consumable carbon dioxide and oxygen. Its facilities have a total annual manufacturing capacity of over 150,000 tons of DMF and methylamine. It has a storage and distribution facility in Changzhou City, which handles approximately 40,000 tons of DMF annually. Its subsidiaries include Changzhou Jiutian Xiean Chemical Co., Ltd., which sells methylamine, polyurethane and downstream products, and Henan Herunsheng Isotope Technology Co., Ltd., which develops isotope technology, and manufactures and trades Oxygen 18 and deuterium depleted water.

Overall, the bias in prices is: Upwards.

Short term: Prices are moving.

Intermediate term: Prices are trending.

Note: this chart shows extraordinary price action to the upside.

The projected upper bound is: 0.04.

The projected lower bound is: 0.03.

The projected closing price is: 0.03.

JIUTIAN CHEMICAL closed down -0.003 at 0.032. Volume was 42% above average (neutral) and Bollinger Bands were 5% wider than normal.

Open      High      Low      Close      Volume
0.035      0.035      0.031      0.032      23,434,800

Technical Outlook
Short Term: Neutral
Intermediate Term: Bullish
Long Term: Bullish

Moving Averages: 10-period      50-period      200-period
Close:      0.04      0.02     0.02
Volatility:      108      143     125
Volume:      24,422,360      26,788,150      9,836,544

Short-term traders should pay closer attention to buy/sell arrows while intermediate/long-term traders should place greater emphasis on the Bullish or Bearish trend reflected in the lower ribbon.

Summary

JIUTIAN CHEMICAL is currently 102.0% above its 200-period moving average and is in an upward trend. Volatility is extremely low when compared to the average volatility over the last 10 periods. There is a good possibility that there will be an increase in volatility along with sharp price fluctuations in the near future. Our volume indicators reflect volume flowing into and out of JUTN.SI at a relatively equal pace (neutral). Our trend forecasting oscillators are currently bullish on JUTN.SI and have had this outlook for the last 51 periods.

Momentum is a general term used to describe the speed at which prices move over a given time period. Generally, changes in momentum tend to lead to changes in prices. This expert shows the current values of four popular momentum indicators.

Stochastic Oscillator

One method of interpreting the Stochastic Oscillator is looking for overbought areas (above 80) and oversold areas (below 20). The Stochastic Oscillator is 25.0000. This is not an overbought or oversold reading. The last signal was a buy 11 period(s) ago.

Relative Strength Index (RSI)

The RSI shows overbought (above 70) and oversold (below 30) areas. The current value of the RSI is 50.85. This is not a topping or bottoming area. A buy or sell signal is generated when the RSI moves out of an overbought/oversold area. The last signal was a sell 14 period(s) ago.

Commodity Channel Index (CCI)

The CCI shows overbought (above 100) and oversold (below -100) areas. The current value of the CCI is -117.This is an oversold reading. However, a signal isn’t generated until the indicator crosses above -100. The last signal was a sell 14 period(s) ago.

MACD

The Moving Average Convergence/Divergence indicator (MACD) gives signals when it crosses its 9 period signal line. The last signal was a sell 12 period(s) ago.

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John Heffernan

John Heffernan is a Junior Analyst at HEFFX. John is studying Economics and is a contributor on equities at Live Trading News.

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