ZENAS BIOPHARMA INC (ZBIO) Stock Technical Analysis
USA - NASDAQ:ZBIO - US98937L1052 - Common Stock
21.76 USD
+0.81 (+3.87%)
21.76 USD
0 (0%)
Overall ZBIO gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ZBIO is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
ZBIO is one of the better performing stocks in the Biotechnology industry, it outperforms 84% of 536 stocks in the same industry.
ZBIO is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so ZBIO is lagging the market slightly.
When comparing the yearly performance of all stocks, we notice that ZBIO is one of the better performing stocks in the market, outperforming 93% of all stocks. However, this relatively good performance is mostly due to a recent big move.
In the last month ZBIO has a been trading in the 18.24 - 22.78 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, ZBIO also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
10.93
22.42
We found 4 important support areas.
- Support @19.57 from a trend line in the daily time frame.
- Support @18.62 from a horizontal line in the daily time frame.
- A support zone ranging from 17.96 to 18.19. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @11.04 from a trend line in the weekly time frame.
We found 1 important resistance area.
- Resistance @22.20 from a horizontal 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 | 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 | 93.41 | POSITIVE | ZBIO has a high relative strength, it outperformed 93.41% 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) | 59.56 | NEUTRAL | The RSI value for ZBIO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests ZBIO has a positive trend. |
| Stochastics (14,3) | 74.23 | NEUTRAL | The Stochastics value for ZBIO is a neutral value. |
| Average True Range in percent/ATR (20) | 8.39 | HIGH VOLATILITY | The high ATR as a percentage value for ZBIO suggests high volalility. |
| Average Directional Index/ADX (14) | 25.92 | POSITIVE | The high ADX value value for ZBIO suggests a strong 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 22.21 | 19.56 | 2.65 (11.93%) | 8.38% |
| An entry @22.21. This is a Buy Stop order right above the resistance zone. | An exit @19.56. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.65 points, which is 11.93%. | For a 1.00% total portfolio risk, you can invest 8.38% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of ZBIO. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
21.76
+0.81 (+3.87%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg3.87%
1 Week8.31%
2 Weeks14.89%
1 Month6.09%
3 Month116.95%
6 Month182.23%
12 Month15.68%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.87
ATR(20)%8.39%
ATR Inc8.42%
Range Today1.6
ADR(20)1.79
ADR(20)%8.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.41
Mansfield5.87
10 Day High22.78
10 Day Low18.29
20 Day High22.78
20 Day Low18.24
52 Week High26.25
52 Week Low5.83
CS1 End19.57
CR1 Start22.2
Volume & EV
DER(3)2.71%
DER(5)-0.62%
Volume142.80K
Volume Incr1.25%
Vol(5)281.36K
Vol(50)217.76K