Overall ZBIO gets a technical rating of 10 out of 10. Both in the recent history as in the last year, ZBIO has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although ZBIO has an excellent technical rating, it does not offer a high quality setup 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.
27.98
When analyzing the support we can see 2 important areas.
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 | UP | POSITIVE | The long term trend for ZBIO is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ZBIO is neutral. |
| ChartMill Relative Strength | 99.22 | POSITIVE | ZBIO has a high relative strength, it outperformed 99.22% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ZBIO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ZBIO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ZBIO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.08 | NEUTRAL | The RSI value for ZBIO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.26 | NEGATIVE | The MACD value suggests ZBIO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 58.9 | NEUTRAL | The Stochastics value for ZBIO is a neutral value. |
| Average True Range in percent/ATR (20) | 8.25 | HIGH VOLATILITY | The high ATR as a percentage value for ZBIO suggests high volalility. |
| Average Directional Index/ADX (14) | 20.65 | NEUTRAL | The ADX value for ZBIO suggests a possible start of a new trend. |
42.33
+6.18 (+17.1%)
ChartMill assigns a technical rating of 10 / 10 to ZBIO.
The current trend direction for ZENAS BIOPHARMA INC (ZBIO) is Bullish.
ZENAS BIOPHARMA INC (ZBIO) has an RSI value of 61.0751. This indicates that the stock is currently neutral.
The short term momentum for ZENAS BIOPHARMA INC (ZBIO) is neutral.
ZENAS BIOPHARMA INC (ZBIO) has a support level at 33.94. Check the full technical report for our detailed analysis of ZBIO support and resistance levels.