AETERNA ZENTARIS INC (AEZS.CA) Stock Technical Analysis
TSX:AEZS - Toronto Stock Exchange - CA0079756007 - Common Stock - Currency: CAD
Overall AEZS gets a technical rating of 0 out of 10. AEZS scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, AEZS is a bad performer in the overall market: 97% of all stocks are doing better.
AEZS is part of the Biotechnology industry. There are 21 other stocks in this industry, of which 85% are performing better than AEZS.
AEZS is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month AEZS has a been trading in the 3.78 - 5.20 range, which is quite wide. It is currently trading near the lows of this range.
Warning: AEZS has an average volume of 1822 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Volume is considerably higher in the last couple of days.
The technical rating of AEZS is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
4.08
5.25
We can see 3 important resistance areas.
- A resistance zone ranging from 4.13 to 4.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @4.92 from a trend line in the daily time frame.
- Resistance @5.20 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for AEZS.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for AEZS.CA is down. |
| ChartMill Relative Strength | 3.05 | NEGATIVE | AEZS.CA has a low relative strength, it was outperformed by 96.95% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AEZS.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AEZS.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AEZS.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.2 | NEUTRAL | The RSI value for AEZS.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests AEZS.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 24.41 | NEUTRAL | The Stochastics value for AEZS.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.66 | HIGH VOLATILITY | The high ATR as a percentage value for AEZS.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 35.33 | POSITIVE | The high ADX value value for AEZS.CA suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
TSX:AEZS (11/22/2024, 7:00:00 PM)
4.12
+0.06 (+1.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg1.48%
1 Week-5.5%
2 Weeks-13.26%
1 Month-18.25%
3 Month-49.26%
6 Month-64.76%
12 Month-66.34%
2 Year-80.46%
3 Year-93.13%
5 Year-96.54%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.32
ATR(20)%6.66%
ATR Inc-5.71%
Range Today0.17
ADR(20)0.25
ADR(20)%6.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.05
Mansfield-5.91
10 Day High4.8
10 Day Low3.78
20 Day High5.2
20 Day Low3.78
52 Week High15.13
52 Week Low3.78
CS1 EndN/A
CR1 Start4.13
Volume & EV
DER(3)-9.35%
DER(5)-9.54%
Volume1.53K
Volume Incr178.15%
Vol(5)5.09K
Vol(50)1.82K