JIDONG CEMENT (000401) Stock Trend - Moving Up Or Down?

| December 5, 2018More Stocks

This report will help you analyze if JIDONG CEMENT (000401) stock price is trending up or down. The technique we are going to use involves moving averages. Moving average is a metric used to analyze the movement of price by smoothing out volatility (swings). When the graph of moving average is going up, the trend is said to be moving up (uptrend) and vice versa.

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Note: What is Simple Moving Average or SMA?

SMA is a running average of prices of a certain number of days. Assume we want to calculate the 7 days SMA as on Jan 30th. In that case, SMA will be the average of share prices between Jan 30th and six previous market open days.

Below is a table of contents to help you navigate between sections. This report contains three sections which satisfy three types of investors - short, medium and long-term investors.

  1. JIDONG CEMENT (000401) Stock Trend Based On 30 Days Moving Average
  2. 000401 Stock Trend Based On 60 Days SMA
  3. JIDONG CEMENT (000401) Stock Trend Based On 180 Days Moving Average

Note: If moving average method seems complex to you, we recommend you to read the simplistic 000401 stock rise report. That report just uses the close and beginning prices to assess trends.

1 JIDONG CEMENT (000401) Stock Trend Based On 30 Days Moving Average

In the first section, we are going to analyze the 30-day SMA of JIDONG CEMENT (000401) share price for recent 52 weeks between 2017-08-28 and 2018-08-28.

Below graph will show both the price and SMA of 000401 stock. As you can observe, the moving average is less volatile. The canceling out of volatility helps one see the real trend amidst daily price swings.

Have a quick look at the below graph. A brief analysis follows the graph.

52 Weeks Simple Moving Average Chart - JIDONG CEMENT (000401)

In the above graph, the blue line represents the price and the brown line is the moving average (SMA). Here are a few observations.

  1. The price oscillates (swings) more frequently than the SMA. The SMA curve is much smoother than the price.
  2. The SMA changes direction less frequently than the price.

000401 Trend Analysis: Ups And Downs In 52 Weeks

Whenever the SMA curve moves up, we call the price is trending upward. Similarly, when the curve moves down, the price is trending downward.

Based on 30 days SMA, the total number of uptrends and downtrends observed from the graph are the following.

Total Up TrendsToal Down Trends
55

Longest Uptrend

The longest uptrend was between 2018-01-02 and 2018-01-31 for 22 days.

We have displayed below the prices during the longest uptrend (up to maximum of 10 rows) for you to get a feel about the trend movement.

DateClose (¥)Price-Change From Past DayPrice-Change From Starting Day
2018-01-0213.79
2018-01-0313.790 (0%)0 (0 %)
2018-01-0413.790 (0%)0 (0 %)
2018-01-0513.790 (0%)0 (0 %)
2018-01-0813.790 (0%)0 (0 %)
2018-01-0913.790 (0%)0 (0 %)
2018-01-1013.790 (0%)0 (0 %)
2018-01-1113.790 (0%)0 (0 %)
2018-01-1213.790 (0%)0 (0 %)

The average price of stock during the 30 Days SMA longest uptrend was 14.13 ¥.

Recommended Reading: 000401 52 week high low report will let you know the highest and lowest days, weeks and months in recent times.

5 Longest Uptrends

For your information, here are the 5 longest uptrends using 30-day SMA.

Start DateEnd DateNumber of Days
2018-01-022018-02-0122
2018-03-202018-04-1114
2018-03-072018-03-198
2018-02-262018-03-055

Longest Downtrend

The longest downtrend was between 2018-04-11 and 2018-07-23 for 71 days.

Below are a sample data of prices during the longest downtrend (up to maximum of 10 rows).

DateClose (¥)Price-Change From Past DayPrice-Change From Starting Day
2018-04-1112.91
2018-04-1212.73-0.18 (-1.39%)-0.18 (-1.39 %)
2018-04-1312.61-0.12 (-0.94%)-0.3 (-2.32 %)
2018-04-1612.830.22 (1.74%)-0.08 (-0.62 %)
2018-04-1713.040.21 (1.64%)0.13 (1.01 %)
2018-04-1813.10.06 (0.46%)0.19 (1.47 %)
2018-04-1913.330.23 (1.76%)0.42 (3.25 %)
2018-04-2013.330 (0%)0.42 (3.25 %)
2018-04-2313.330 (0%)0.42 (3.25 %)

The average price of stock during the 30 Days SMA longest downtrend was 10.97 ¥.

5 Longest Downtrends:

Here are the 5 longest downtrends using 30-day SMA.

Start DateEnd DateNumber of Days
2018-04-112018-07-2471
2017-10-162018-01-0255
2018-02-012018-02-2612
2018-03-052018-03-072
2018-03-192018-03-201

Latest Trend of JIDONG CEMENT (000401) Share Prices

Towards the end of the price and SMA chart, the SMA is moving up. Hence, 000401 is trending upwards!

Note: Those who buy and sell within 1 to 3 years can be said to be short-term investors. A moving average of short duration like 20 or 30 days will be of greater help to such investors over the others.

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2 000401 Stock Trend Based On 60 Days SMA

Now let us check the 60 days moving average for the duration of same 52 weeks observed in the previous section. Below is the graph followed by a brief analysis.

JIDONG CEMENT (000401) - 52 Weeks Trend Simple Moving Average Chart

Note: 60 Days SMA Vs 30 Days SMA

If you look at the 60 day SMA graph, you will notice one thing. The moving average curve is smoother than that you saw in the previous section. The reason is simple. Longer the timeframe, smoother the average will become.

JIDONG CEMENT (000401) Trend Analysis Based On 60 days SMA

Total Up TrendsToal Down Trends
1111

Longest Uptrend:

The longest uptrend was between 2018-02-26 and 2018-03-22 for 19 days.

Below are a sample data of prices during the longest uptrend (up to maximum of 15 rows).

DateClose (¥)Price-Change From Past DayPrice-Change From Starting Day
2018-02-2614.19
2018-02-2713.76-0.43 (-3.03%)-0.43 (-3.03 %)
2018-02-2813.840.08 (0.58%)-0.35 (-2.47 %)
2018-03-0114.090.25 (1.81%)-0.1 (-0.7 %)
2018-03-0213.94-0.15 (-1.06%)-0.25 (-1.76 %)
2018-03-0513.77-0.17 (-1.22%)-0.42 (-2.96 %)
2018-03-0614.360.59 (4.28%)0.17 (1.2 %)
2018-03-0714.34-0.02 (-0.14%)0.15 (1.06 %)
2018-03-0815.230.89 (6.21%)1.04 (7.33 %)
2018-03-0914.96-0.27 (-1.77%)0.77 (5.43 %)
2018-03-1214.87-0.09 (-0.6%)0.68 (4.79 %)
2018-03-1314.55-0.32 (-2.15%)0.36 (2.54 %)
2018-03-1414.810.26 (1.79%)0.62 (4.37 %)
2018-03-1514.27-0.54 (-3.65%)0.08 (0.56 %)

The average price of stock during the 60 Days SMA longest uptrend was 14.13 ¥.

5 Longest Uptrends

Here are the 5 longest uptrends using 60-day SMA.

Start DateEnd DateNumber of Days
2018-02-262018-03-2319
2018-08-072018-08-209
2018-03-272018-04-046
2018-05-162018-05-235
2018-08-232018-08-284

Longest Downtrend:

The longest downtrend was between 2018-05-23 and 2018-08-02 for 50 days.

Below are a sample data of prices during the longest downtrend (up to maximum of 15 rows).

DateClose (¥)Price-Change From Past DayPrice-Change From Starting Day
2018-05-2311.22
2018-05-2411.370.15 (1.34%)0.15 (1.34 %)
2018-05-2511.780.41 (3.61%)0.56 (4.99 %)
2018-05-2811.61-0.17 (-1.44%)0.39 (3.48 %)
2018-05-2911.28-0.33 (-2.84%)0.06 (0.53 %)
2018-05-3010.93-0.35 (-3.1%)-0.29 (-2.58 %)
2018-05-3111.010.08 (0.73%)-0.21 (-1.87 %)
2018-06-0111.060.05 (0.45%)-0.16 (-1.43 %)
2018-06-0411-0.06 (-0.54%)-0.22 (-1.96 %)
2018-06-0511.130.13 (1.18%)-0.09 (-0.8 %)
2018-06-0611.210.08 (0.72%)-0.01 (-0.09 %)
2018-06-0711.250.04 (0.36%)0.03 (0.27 %)
2018-06-0811.04-0.21 (-1.87%)-0.18 (-1.6 %)
2018-06-1111.120.08 (0.72%)-0.1 (-0.89 %)

The average price of stock during the 60 Days SMA longest downtrend was 10.97 ¥.

5 Longest Downtrends:

Here are the 5 longest downtrends using 60-day SMA.

Start DateEnd DateNumber of Days
2018-05-232018-08-0250
2017-11-272018-01-1534
2018-04-102018-05-1422
2018-01-312018-02-2613
2018-01-162018-01-268

The Latest Trend of JIDONG CEMENT (000401) Based On 60 Day SMA:

Towards the end of the chart, the 60-day SMA is moving in the negative direction. Hence, 000401 is trending down!

Note: Trend analysis based on 60-day moving average will be of much help to medium term investors compared to long and short-term ones.

3 JIDONG CEMENT (000401) Stock Trend Based On 180 Days Moving Average

Value investors (long-term) investors prefer averages spanning over at least 100 days. This section analyzes the 180 days moving average during the recent 104 weeks.

JIDONG CEMENT (000401) - 52 Weeks Trend Simple Moving Average Chart

The number of uptrends and downtrends based on 180 days average can be summarized as shown below.

Total Up TrendsToal Down Trends
99

Longest Uptrend:

The longest uptrend was between 2017-06-01 and 2017-12-05 for 129 days.

Below are a sample data of prices during the longest uptrend (up to maximum of 25 rows).

DateClose (¥)Price-Change From Past DayPrice-Change From Starting Day
2017-06-0115.92
2017-06-0216.090.17 (1.07%)0.17 (1.07 %)
2017-06-0516.090 (0%)0.17 (1.07 %)
2017-06-0616-0.09 (-0.56%)0.08 (0.5 %)
2017-06-0716.830.83 (5.19%)0.91 (5.72 %)
2017-06-0816.52-0.31 (-1.84%)0.6 (3.77 %)
2017-06-0916.880.36 (2.18%)0.96 (6.03 %)
2017-06-1216.63-0.25 (-1.48%)0.71 (4.46 %)
2017-06-1316.780.15 (0.9%)0.86 (5.4 %)
2017-06-1416.48-0.3 (-1.79%)0.56 (3.52 %)
2017-06-1516.750.27 (1.64%)0.83 (5.21 %)
2017-06-1616.16-0.59 (-3.52%)0.24 (1.51 %)
2017-06-1915.96-0.2 (-1.24%)0.04 (0.25 %)
2017-06-2016.120.16 (1%)0.2 (1.26 %)
2017-06-2116.250.13 (0.81%)0.33 (2.07 %)
2017-06-2215.93-0.32 (-1.97%)0.01 (0.06 %)
2017-06-2315.33-0.6 (-3.77%)-0.59 (-3.71 %)
2017-06-2615.23-0.1 (-0.65%)-0.69 (-4.33 %)
2017-06-2715.17-0.06 (-0.39%)-0.75 (-4.71 %)
2017-06-2815.170 (0%)-0.75 (-4.71 %)
2017-06-2915.680.51 (3.36%)-0.24 (-1.51 %)
2017-06-3015.39-0.29 (-1.85%)-0.53 (-3.33 %)
2017-07-0315.940.55 (3.57%)0.02 (0.13 %)
2017-07-0416.120.18 (1.13%)0.2 (1.26 %)

The average price of stock during the 180 Days SMA longest uptrend was 16.2 ¥.

5 Longest Uptrends

Here are the 5 longest uptrends using 180-day SMA.

Start DateEnd DateNumber of Days
2017-06-012017-12-06129
2017-12-122017-12-153
2017-12-182017-12-202
2017-12-212017-12-252
2017-12-072017-12-112

Longest Downtrend:

The longest downtrend was between 2018-03-22 and 2018-08-13 for 98 days.

Below are a sample data of prices during the longest downtrend (up to maximum of 25 rows).

DateClose (¥)Price-Change From Past DayPrice-Change From Starting Day
2018-03-2214.13
2018-03-2312.8-1.33 (-9.41%)-1.33 (-9.41 %)
2018-03-2613.310.51 (3.98%)-0.82 (-5.8 %)
2018-03-2713.530.22 (1.65%)-0.6 (-4.25 %)
2018-03-2813.870.34 (2.51%)-0.26 (-1.84 %)
2018-03-2914.080.21 (1.51%)-0.05 (-0.35 %)
2018-03-3014.380.3 (2.13%)0.25 (1.77 %)
2018-04-0214.18-0.2 (-1.39%)0.05 (0.35 %)
2018-04-0313.71-0.47 (-3.31%)-0.42 (-2.97 %)
2018-04-0413.5-0.21 (-1.53%)-0.63 (-4.46 %)
2018-04-0913.38-0.12 (-0.89%)-0.75 (-5.31 %)
2018-04-1013.640.26 (1.94%)-0.49 (-3.47 %)
2018-04-1112.91-0.73 (-5.35%)-1.22 (-8.63 %)
2018-04-1212.73-0.18 (-1.39%)-1.4 (-9.91 %)
2018-04-1312.61-0.12 (-0.94%)-1.52 (-10.76 %)
2018-04-1612.830.22 (1.74%)-1.3 (-9.2 %)
2018-04-1713.040.21 (1.64%)-1.09 (-7.71 %)
2018-04-1813.10.06 (0.46%)-1.03 (-7.29 %)
2018-04-1913.330.23 (1.76%)-0.8 (-5.66 %)
2018-04-2013.330 (0%)-0.8 (-5.66 %)
2018-04-2313.330 (0%)-0.8 (-5.66 %)
2018-04-2413.330 (0%)-0.8 (-5.66 %)
2018-04-2513.330 (0%)-0.8 (-5.66 %)
2018-04-2613.330 (0%)-0.8 (-5.66 %)

The average price of stock during the 180 Days SMA longest downtrend was 11.36 ¥.

5 Longest Downtrends:

Here are the 5 longest downtrends using 180-day SMA.

Start DateEnd DateNumber of Days
2018-03-222018-08-1498
2017-12-252018-03-1249
2018-08-152018-08-2810
2018-03-132018-03-194
2017-12-202017-12-211

Conclusion :

Hopefully, the above report helped you with valuable insights regarding the trend of JIDONG CEMENT (000401) shares.

Recommended Reading: Price trends are sustainable only if associated with high volumes. 000401 Volume Analysis report will help you for sure.

Note: The moving averages serve as support or resistance based on their location relative to the price curve. If the moving average is above the price curve, one can say the moving average is a resistance line. On the other hand, if the moving average runs below the price, one can call the trendline as support. Whenever the price crosses the moving average or trend line, a breakout (reversal of trend) is said to have started.

Disclaimer:

We have validated the data to the best of our knowledge. If you find data inaccuracies kindly let us know using the contact form so that we can act promptly.

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