AETERNA ZENTARIS INC (AEZS) Stock Technical Analysis
NASDAQ:AEZS - Nasdaq - CA0079756007 - Common Stock - Currency: USD
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.
When comparing the yearly performance of all stocks, AEZS is a bad performer in the overall market: 92% of all stocks are doing better.
AEZS is part of the Biotechnology industry. There are 558 other stocks in this industry, of which 63% are performing better than AEZS.
AEZS is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so AEZS is lagging the market.
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 has a poor technical rating and the quality of the setup is also only medium 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
8.99
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.
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.
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. |
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)
NASDAQ:AEZS (8/8/2024, 8:00:00 PM)
5.72
+0.32 (+5.93%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg5.93%
1 Week-4.27%
2 Weeks5.93%
1 Month-16.86%
3 Month-30.5%
6 Month-20.11%
12 Month-51.69%
2 Year-68.78%
3 Year-92.06%
5 Year-97.45%
10 Year-99.96%
15 Year-99.99%
Volatility
ATR(14)0.4
ATR(20)%7.48%
ATR Inc87.59%
Range Today0.72
ADR(20)0.37
ADR(20)%6.42%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.15
Mansfield-3.29
10 Day High6.36
10 Day Low5.07
20 Day High7.43
20 Day Low5.07
52 Week High11.92
52 Week Low3.96
CS1 End5.43
CR1 Start5.98
Volume & EV
DER(3)12.43%
DER(5)2.05%
Volume7.50K
Volume Incr-58.05%
Vol(5)4.82K
Vol(50)12.09K