SJ Stock Summary and Trading Ideas (Scienjoy Holding - Class A | NASDAQ:SJ)

Scienjoy Holding Corp is a show live streaming video entertainment social platform in China. The company operates a mobile live-streaming business by which it provides live-streaming entertainment from professional broadcasters to the end-users, allowing for the operation of live social video communities. It operates online live-streaming brands, with their respective websites & mobile apps, Showself, Lehai, & Haixiu, using Scienjoy's own mobile applications. Through the app, users can also view photos posted by broadcasters on their personal pages, leave comments, & engage in private chats with broadcasters. The users can also play simple, fun games using virtual currencies within the video rooms while watching the live streaming of a broadcaster. Geographically, it operates in PRC.

Scienjoy Holding - Class A trades on the NASDAQ stock market under the symbol SJ.

As of December 16, 2024, SJ stock price climbed to $0.98 with 13,329 million shares trading.

SJ has a beta of 0.60, meaning it tends to be less sensitive to market movements. SJ has a correlation of 0.00 to the broad based SPY ETF.

SJ has a market cap of $40.59 million. This is considered a Sub-Micro Cap stock.

In the last 3 years, SJ traded as high as $7.30 and as low as $.66.

SJ has underperformed the market in the last year with a return of -64.9%, while the SPY ETF gained +30.5%. In the last 3 month period, SJ fell short of the market, returning +6.5%, while SPY returned +8.3%. However, in the most recent 2 weeks SJ has outperformed the stock market by returning +5.7%, while SPY returned +0.7%.

SJ support price is $.88 and resistance is $1.00 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SJ shares will trade within this expected range on the day.