Origin Agritech Limited ($SEED) And CHS Inc ($CHSCO) Square Off

2019-08-20 | Welcome! Today we compared how two different stocks in the Farming/Seeds/Milling industry are trading: Origin Agritech Limited and CHS Inc. While these two companies may have very different market capitalizations and balance sheets, they are worth comparing given how they are in the same sector. Below you’ll see how the different technical indicators differ between these two stocks, and we’ll also show what Trading View thinks of them based on the technical analysis. But before we get ahead of ourselves, please note that this is technical analysis only (ie. analyzing how these companies are trading, not digging into the company fundamentals), and therefore you should not rely only on this to guide you on whether you should buy or sell anything – take it with a grain of salt only, and pay attention to the disclaimer below. With that said, many traders find value in technical analysis and others even swear by it, so if that is you, I hope my analysis will be of use to you. Let’s get to it…

First things first: during its last day of trading, Origin Agritech Limited opened at 5.39, got to a maximum price of 5.39 and dropped to as low as 5.02 before finishing the session at 5.15. In total there were 5700 shares traded, which is enough to conduct our analysis. Compare that now to CHS Inc, which opened at 27.42, had a high of 27.53, a low of 27.41, closed at 27.46 and had a total volume of 5800.

VOLUME ANALYSIS: Generally, the higher the volume indicators are, the better – you need liquidity to trade, after all. All of the volume indicators are as follows… (click here for an explanation on volume)

Volume Indicator Origin Agritech Limited CHS Inc
Accumulation-distribution index 185.48 121.95939
on-balance volume 5.23 -27.4
chaikin money flow

0.42829 1.18182
force index

-0.004 0.0003
ease of movement rating

0.00412 -0.00055
volume-price trend

-0.86539 -0.0684
negative volume index

1000.0 1000.0

VOLATILITY ANALYSIS: Now to compare the volatility between these two companies… (click here for an explanation on volatility)

Volatility Indicator Origin Agritech Limited CHS Inc
Average true range 0.14931 0.10817
Bolinger bands 5.30713 27.48314
Upper bollinger band 4.88287 27.25686
Lower bollinger band

5.02 27.41
Bollinger high band indicator

1.0 1.0
Bollinger high low indicator

nan 1.0
Central keltner channel

5.26667 27.45333
High band keltner channel

5.26667 27.34333
Low band keltner channel

5.26667 27.56333
High band keltner channel indicator

1.0 1.0
Low band keltner channel indicator

1.0 1.0
Donchain channel high band

5.02 27.41
Donchain channel low band

5.02 27.41
Donchain channel high band indicator

1.0 1.0
Donchain channel low band indicator

1.0 1.0

TREND ANALYSIS: Now for the most interesting and detailed part, the trend. Where is the stock actually going? Let’s compare the indicators… (click here for an explanation on trend)

Trend Indicator Origin Agritech Limited CHS Inc
Moving Average Convergence Divergence (MACD) trend_macd -0.00179
MACD signal 0.00187 -0.001
MACD difference 0.0015 -0.0008
fast Exponential Moving Average (EMA) indicator

5.02 27.41
slow Exponential Moving Average (EMA) indicator

5.02 27.41
Average Directional Movement Index (ADX)

unknown unknown
ADX positive

20.0 20.0
ADX negative

20.0 20.0
positive Vortex Indicator (VI)

1.0 1.0
negative VI

1.0 1.0
trend vortex difference

0.14934 0.24257
trix

-11.38481 -0.08879
Mass Index (MI)

2.44 1.0
Commodity Channel Index (CCI)

66.66667 66.66667
Detrended Price Oscillator (DPO)

1.03676 0.0663
KST Oscillator (KST)

-171.17375 -2.41292
KST Oscillator (KST Signal)

-171.17375 -2.41292
KST difference

6.19143 -0.7279
Ichimoku rating

5.39 27.475
Ichimoku B rating

5.39 27.475
Ichimoku visual trend A

6.09067 27.61992
Ichimoku visual trend B

5.88349 27.59885
Aroon Indicator (AI)

4.0 4.0
AI indicator down

4.0 4.0
AI difference

4.0 -4.0

MOMENTUM ANALYSIS: What about momentum? Let’s dive into it… (click here for an explanation on momentum)

Momentum Indicator Origin Agritech Limited CHS Inc
Relative Strength Index (RSI) 50.0 50.0
Money Flow Index (MFI) 50.77777 33.33876
True Strength Index (TSI) -100.0 -100.0
ultimate oscillator

-55.4924 50.0
stochastic oscillator

50.0 109.09091
stochastic oscillator signal

50.0 109.09091
Williams %R rating

-50.0 9.09091
awesome oscillator

0.00233 -0.00663

RETURNS: That’s all for technical analysis. Now let’s just list the returns for Origin Agritech Limited and CHS Inc.

Daily return -17.11738 -0.24129
Daily log return 2.94428 -0.29229
Cumulative return 2.98805 -0.29186

So there you have it: our deep, grueling analysis comparing Origin Agritech Limited and CHS Inc together. But what does all of the above mean? Various technical indicators above are positive, while others are negative, and if we want to decide overall if the technical analysis indicates a bullish or bearish chart, we have to consider all of them together. That’s what the Trading View widget below can do, so let’s see what it says considering all these indicators. First, here’s Origin Agritech Limited:

The verdict above will consider all these technical indicators and consider which are strong and weak, and then put them all together to come up with a conclusion stating whether SEED is strong or weak. Again – this is not a reliable indication of whether Origin Agritech Limited is a good investment! None of these indicators consider the company fundamentals. All of this data is based on how it trades only. Now with that out of the way, let’s compare it with CHS Inc

So there you have it. We hope you have found this analysis useful, and if you see any errors or have any feedback, please comment below.

How can you profit off trading these 2 companies and other stocks like it? First, check out the Beat The Market Analyzer software – this is worth its weight in gold. Some other great services for earning income from trading and investing are Dividend Stocks (an outstanding resource for anyone interested in high dividend paying stocks), Microcap Millionaires (the best site online for profiting off micro-cap stocks) and Trading Code (an extremely powerful system for profiting off trading).

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling anything based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.

Gary Ivenchuck

Gary is a stock trading expert and is responsible for covering technical analysis news on Logistics Business Review. Recently he has been working tirelessly to analyse stocks for our readers, and is always available to hear from people asking for stock analysis.

gary@logistics-business-review.com
Gary Ivenchuck

Leave a Reply

Your email address will not be published. Required fields are marked *