ZENAS BIOPHARMA INC (ZBIO) Stock Technical Analysis
NASDAQ:ZBIO - Nasdaq - US98937L1052 - Common Stock - Currency: USD
Overall ZBIO gets a technical rating of 7 out of 10. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, ZBIO is a bad performer.
When comparing the yearly performance of all stocks, ZBIO is a bad performer in the overall market: 100% of all stocks are doing better.
ZBIO is part of the Biotechnology industry. There are 559 other stocks in this industry, of which 92% are performing better than ZBIO.
The long and short term trends are both positive. This is looking good!
In the last month ZBIO has a been trading in the 8.53 - 12.56 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although ZBIO 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.
More info and screens
6.54
12.07
We found 4 important support areas.
- A support zone ranging from 10.10 to 10.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @9.88 from a trend line in the daily time frame.
- Support @7.20 from a trend line in the daily time frame.
- Support @6.61 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 11.95 to 11.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The short term trend for ZBIO is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | ZBIO has a low relative strength, it was outperformed by 100% 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). |
| Relative Strength Index/RSI (14) | 61.52 | NEUTRAL | The RSI value for ZBIO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests ZBIO has a positive trend. |
| Stochastics (14,3) | 85.52 | OVERBOUGHT | The high Stochastics value suggests ZBIO may be overbought. |
| Average True Range in percent/ATR (20) | 8.89 | HIGH VOLATILITY | The high ATR as a percentage value for ZBIO suggests high volalility. |
| Average Directional Index/ADX (14) | 15.79 | NEGATIVE | The low ADX value for ZBIO 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)
11.94
+0.02 (+0.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg0.17%
1 Week25.42%
2 Weeks13.07%
1 Month22.59%
3 Month44.73%
6 Month33.86%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.08
ATR(20)%8.89%
ATR Inc-28.64%
Range Today0.73
ADR(20)1.04
ADR(20)%8.68%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High12.56
10 Day Low8.91
20 Day High12.56
20 Day Low8.53
52 Week HighN/A
52 Week LowN/A
CS1 End10.37
CR1 Start11.95
Volume & EV
DER(3)12.81%
DER(5)9.58%
Volume190.60K
Volume Incr6.13%
Vol(5)155.24K
Vol(50)176.36K