Taking everything into account, AEZS scores 0 out of 10 in our technical rating. AEZS's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
AEZS has a poor technical rating and the quality of the setup is also not perfect 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
5.25
We found 1 important support area.
- A support zone ranging from 5.30 to 5.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- Resistance @5.98 from a horizontal line in the daily time frame.
- Resistance @8.90 from a trend line in the weekly 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 is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for AEZS is neutral. |
| ChartMill Relative Strength | 8.15 | NEGATIVE | AEZS has a low relative strength, it was outperformed by 91.85% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of AEZS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of AEZS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of AEZS is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.5 | NEUTRAL | The RSI value for AEZS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests AEZS has a positive trend. |
| Stochastics (14,3) | 34.43 | NEUTRAL | The Stochastics value for AEZS is a neutral value. |
| Average True Range in percent/ATR (20) | 7.48 | HIGH VOLATILITY | The high ATR as a percentage value for AEZS suggests high volalility. |
| Average Directional Index/ADX (14) | 15.95 | NEGATIVE | The low ADX value for AEZS suggests a weak or negative trend. |
NASDAQ:AEZS (8/8/2024, 8:00:00 PM)
5.72
+0.32 (+5.93%)
AETERNA ZENTARIS INC / AEZS FAQ
What is the technical rating for AEZS stock?
ChartMill assigns a technical rating of 0 / 10 to AEZS.
What is the trend direction for AEZS stock?
The current trend direction for AETERNA ZENTARIS INC (AEZS) is Bearish.
Can you provide the RSI signal for AETERNA ZENTARIS INC?
AETERNA ZENTARIS INC (AEZS) has an RSI value of 49.5016. This indicates that the stock is currently neutral.
What is the support and resistance level for AEZS stock?
AETERNA ZENTARIS INC (AEZS) has a support level at 5.43 and a resistance level at 5.98. Check the full technical report for our detailed analysis of AEZS support and resistance levels.