Taking everything into account, ZBAI scores 0 out of 10 in our technical rating. ZBAI 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, ZBAI is a bad performer in the overall market: 93% of all stocks are doing better.
- ZBAI is part of the Professional Services industry. There are 88 other stocks in this industry, of which 75% are performing better than ZBAI.
- ZBAI 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.
- Warning: ZBAI has an average volume of 7273 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- In the last month ZBAI has a been trading in the 5.11 - 8.64 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, ZBAI does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 7.07. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 6.98, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for ZBAI in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
5.68
3 important support areas can be observed.
- A support zone ranging from 6.89 to 6.98. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @6.67 from a horizontal line in the weekly time frame.
- A support zone ranging from 5.74 to 5.74. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 7.07 to 7.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 7.42 to 7.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @7.89 from a trend 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 ZBAI is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ZBAI is neutral. |
| ChartMill Relative Strength | 7.44 | NEGATIVE | ZBAI has a low relative strength, it was outperformed by 92.56% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ZBAI is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ZBAI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ZBAI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.85 | NEUTRAL | The RSI value for ZBAI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests ZBAI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 87.79 | OVERBOUGHT | The high Stochastics value suggests ZBAI may be overbought. |
| Average True Range in percent/ATR (20) | 8.48 | HIGH VOLATILITY | The high ATR as a percentage value for ZBAI suggests high volalility. |
| Average Directional Index/ADX (14) | 18.81 | NEGATIVE | The low ADX value for ZBAI suggests a weak or negative trend. |
7.061
-0.15 (-2.07%)
ATIF HOLDINGS LTD / ZBAI FAQ
What is the technical rating for ZBAI stock?
ChartMill assigns a technical rating of 0 / 10 to ZBAI.
Can you provide the trend direction for ATIF HOLDINGS LTD?
The current trend direction for ATIF HOLDINGS LTD (ZBAI) is Bearish.
What is the RSI signal for ZBAI stock?
ATIF HOLDINGS LTD (ZBAI) has an RSI value of 49.8513. This indicates that the stock is currently neutral.
Can you provide the short term momentum for ATIF HOLDINGS LTD?
The short term momentum for ATIF HOLDINGS LTD (ZBAI) is neutral.
What are the support and resistance levels for ATIF HOLDINGS LTD (ZBAI) stock?
ATIF HOLDINGS LTD (ZBAI) has a support level at 6.98 and a resistance level at 7.07. Check the full technical report for our detailed analysis of ZBAI support and resistance levels.