Taking everything into account, ZBB scores 0 out of 10 in our technical rating. ZBB scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, ZBB does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 0.74, a Stop Loss order could be placed below this zone.
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0.65
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.74 to 0.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.66 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 0.76 to 0.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 0.81 to 0.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.94 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 | NEUTRAL | NEUTRAL | The long term trend for ZBB is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ZBB is down. |
| ChartMill Relative Strength | 9.37 | NEGATIVE | ZBB has a low relative strength, it was outperformed by 90.63% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ZBB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ZBB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of ZBB is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 39.01 | NEUTRAL | The RSI value for ZBB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ZBB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 17.73 | OVERSOLD | The low Stochastics value suggests ZBB may be oversold. |
| Average True Range in percent/ATR (20) | 7.27 | HIGH VOLATILITY | The high ATR as a percentage value for ZBB suggests high volalility. |
NYSEARCA:ZBB (8/14/2015, 7:53:03 PM)
0.75
-0.01 (-1.32%)
ZBB ENERGY CORPORATION / ZBB FAQ
What is the ChartMill technical rating of ZBB ENERGY CORPORATION (ZBB) stock?
ChartMill assigns a technical rating of 0 / 10 to ZBB.
Can you provide the trend direction for ZBB ENERGY CORPORATION?
The current trend direction for ZBB ENERGY CORPORATION (ZBB) is Bearish.
Can you provide the RSI signal for ZBB ENERGY CORPORATION?
ZBB ENERGY CORPORATION (ZBB) has an RSI value of 39.0127. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ZBB ENERGY CORPORATION?
The MACD indicator for ZBB ENERGY CORPORATION (ZBB) has a value of -0.00468778, indicating a bearish trend.
Can you provide the support and resistance levels for ZBB ENERGY CORPORATION?
ZBB ENERGY CORPORATION (ZBB) has a support level at 0.74 and a resistance level at 0.76. Check the full technical report for our detailed analysis of ZBB support and resistance levels.