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Majestic Ideal Holdings Ltd Stock (MJID) Forecast

The Majestic Ideal Holdings Ltd (MJID) stock price forecast for the next 30 days is generally negative, with an average analyst price target of $0.00, representing a + decrease from the current price of $0.00. The highest analyst price target is $0.00, and the lowest is $0.00.

Disclaimer: The information on this page is not intended to be financial advice. It is for general information only and should not be used to make any investment decisions. Please consult with a professional financial advisor before making any investment decisions.
12-Month MJID Price Target
Average 0.00 (+ Downside)
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Is Majestic Ideal Holdings Ltd (MJID) A Buy Now?

Oscillators
Name Value Action
RSI(14) 19.39 Buy
STOCH(9,6) 24.11 Neutral
STOCHRSI(14) 90.13 Sell
MACD(12,26) -0.151 Sell
ADX(14) 19.86 Neutral
William %R -100.00 Buy
CCI(14) -585.25 Sell
Buy: 2 Sell: 3 Neutral: 2
Summary: Sell
Moving Averages
Period Simple Exponential
MA10
1.098
Sell
0.9871
Sell
MA20
1.1173
Sell
1.1118
Sell
MA50
1.3691
Sell
1.3804
Sell
MA100
0.7348
Sell
0.00
Sell
MA200
0.3674
Sell
0.00
Sell
Buy: 0 Sell: 10 Neutral: 0
Summary: Sell
According to our latest analysis, MJID could be considered a Strong Sell, with 17 technical analysis indicators signaling 2 Buy signals, 13 signaling Sell signals and 2 Neutral signals. This might not be a good time to consider opening new positions on MJID, as trading bearish markets can be challenging and may result in losses.
  1. RSI (Relative Strength Index): The RSI(14) value of 19.39 indicates that MJID is oversold. This indicates that MJID price has experienced a significant decline over a specified lookback period, potentially leading to a rebound.
  2. STOCH (Stochastic Oscillator): The STOCH value of 24.11 indicates that MJID is neither overbought nor oversold. It indicates a balanced market sentiment without any extreme buying or selling pressure.
  3. STOCHRSI (Stochastic Relative Strength Index): The STOCHRSI value of 90.13 indicates that MJID is oversold. This suggests that MJID price is at or near the highest level relative to its recent price history.
  4. ADX (Average Directional Index): The ADX value of The ADX value of 19.86 indicates that there is no clear directional movement, and the market may be ranging or moving sideways.
  5. CCI (Commodity Channel Index): A CCI(14) value of A CCI(14) value of -585.25 indicates that MJID is oversold. This means that the price has moved significantly lower than its average, indicating a potential buying opportunity.

Majestic Ideal Holdings Ltd Stock (MJID) Year by Year Forecast

$0.5061
price up icon 1.02%
$3.85
price up icon 0.52%
textile_manufacturing UFI
$3.13
price down icon 4.86%
textile_manufacturing AIN
$49.61
price up icon 2.02%
Cap:     |  Volume (24h):