Overall IZM gets a technical rating of 7 out of 10. Although IZM has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
Although IZM has an excellent technical rating, it does not present a decent entry opportunity 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.
2.51
When analyzing the resistance we notice one important area.
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 | NEUTRAL | NEUTRAL | The long term trend for IZM is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IZM is up. |
| ChartMill Relative Strength | 89.07 | POSITIVE | IZM has a high relative strength, it outperformed 89.07% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IZM is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IZM is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IZM is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 75.77 | OVERBOUGHT | The high RSI value suggests IZM may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests IZM has a positive trend. |
| Stochastics (14,3) | 85.39 | OVERBOUGHT | The high Stochastics value suggests IZM may be overbought. |
| Average True Range in percent/ATR (20) | 9.71 | HIGH VOLATILITY | The high ATR as a percentage value for IZM suggests high volalility. |
| Average Directional Index/ADX (14) | 53.46 | POSITIVE | The high ADX value value for IZM suggests a strong trend. |
2.54
+0.09 (+3.67%)
ChartMill assigns a technical rating of 7 / 10 to IZM.
The current trend direction for ICZOOM GROUP INC -CLASS A (IZM) is Bearish.
ICZOOM GROUP INC -CLASS A (IZM) has an RSI value of 75.7702. This indicates that the stock is currently overbought.
The short term momentum for ICZOOM GROUP INC -CLASS A (IZM) is positive.