AETERNA ZENTARIS INC (AEZS) Technical Analysis
NASDAQ:AEZS • CA0079756007
Current stock price
AEZS Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to AEZS. 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.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- 92% of all other stocks performed better in the past year than AEZS.
- AEZS is part of the Biotechnology industry. There are 516 other stocks in this industry, of which 76% are performing better than AEZS.
- AEZS is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- Warning: AEZS has an average volume of 12086 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- In the last month AEZS has a been trading in the 5.07 - 7.43 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
AEZS Weekly and Daily overview Charts
AEZS Setup Rating and Analysis
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
AEZS Support and Resistance Analysis
5.25
When analyzing the support we notice one important 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.
We can see 2 important resistance 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.
AEZS Technical Indicator Signal Analysis
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. |
AEZS Chart- and CandleStick Pattern Analysis
AEZS Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:AEZS (8/8/2024, 8:00:00 PM)
5.72
+0.32 (+5.93%)
AETERNA ZENTARIS INC / AEZS TA FAQ
What is the technical rating for AEZS stock?
ChartMill assigns a technical rating of 0 / 10 to AEZS.
Can you provide the trend direction for AETERNA ZENTARIS INC?
The current trend direction for AETERNA ZENTARIS INC (AEZS) is Bearish.
What is the RSI signal for AEZS stock?
AETERNA ZENTARIS INC (AEZS) has an RSI value of 49.5016. This indicates that the stock is currently neutral.
What is the short term momentum for AETERNA ZENTARIS INC (AEZS) stock?
The short term momentum for AETERNA ZENTARIS INC (AEZS) is neutral.