ZENAS BIOPHARMA INC (ZBIO) Technical Analysis
NASDAQ:ZBIO • US98937L1052
Current stock price
22.3 USD
-1.07 (-4.58%)
At close:
22.63 USD
+0.33 (+1.48%)
After Hours:
ZBIO Technical Rating and Analysis
Overall ZBIO gets a technical rating of 5 out of 10. Although ZBIO is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- In the last month ZBIO has a been trading in the 21.00 - 27.79 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- When comparing the yearly performance of all stocks, we notice that ZBIO is one of the better performing stocks in the market, outperforming 95% of all stocks. On top of that, ZBIO also shows a nice and consistent pattern of rising prices.
- ZBIO is one of the better performing stocks in the Biotechnology industry, it outperforms 83% of 517 stocks in the same industry.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- ZBIO is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ZBIO is lagging the market slightly.
ZBIO Weekly and Daily overview Charts
ZBIO Setup Rating and Analysis
ZBIO has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. We notice that large players showed an interest for ZBIO 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
ZBIO Support and Resistance Analysis
15.33
25.73
We found 3 important support areas.
- Support @18.46 from a trend line in the weekly time frame.
- Support @17.58 from a trend line in the daily time frame.
- Support @15.48 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 22.89 to 23.37. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 24.97 to 25.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
ZBIO Technical Indicator Signal Analysis
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 ZBIO is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ZBIO is down. |
| ChartMill Relative Strength | 95.26 | POSITIVE | ZBIO has a high relative strength, it outperformed 95.26% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ZBIO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ZBIO is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of ZBIO is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 37.6 | NEUTRAL | The RSI value for ZBIO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.39 | NEGATIVE | The MACD value suggests ZBIO has a negative trend. |
| Stochastics (14,3) | 28.09 | NEUTRAL | The Stochastics value for ZBIO is a neutral value. |
| Average True Range in percent/ATR (20) | 7.82 | HIGH VOLATILITY | The high ATR as a percentage value for ZBIO suggests high volalility. |
| Average Directional Index/ADX (14) | 16.95 | NEGATIVE | The low ADX value for ZBIO suggests a weak or negative trend. |
ZBIO Chart- and CandleStick Pattern Analysis
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)
ZBIO Technicals: Chart, Performance Metrics, Trend & Indicators
22.3
-1.07 (-4.58%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-4.58%
1 Week-7.24%
2 Weeks-11.79%
1 Month-13.83%
3 Month-38.31%
6 Month17.74%
12 Month167.71%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.81
ATR(20)%7.82%
ATR Inc41.13%
Range Today3.08
ADR(20)1.72
ADR(20)%7.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.26
3 months CRS7.98
6 months CRS87.24
Mansfield1.09
10 Day High26.98
10 Day Low21
20 Day High27.79
20 Day Low21
52 Week High44.6
52 Week Low6.11
CS1 End18.46
CR1 Start22.89
Volume & EV
DER(3)5.17%
DER(5)1.6%
Volume2.32M
Volume Incr38.73%
Vol(5)820.30K
Vol(50)743.38K
ZENAS BIOPHARMA INC / ZBIO TA FAQ
What is the technical rating for ZBIO stock?
ChartMill assigns a technical rating of 5 / 10 to ZBIO.
What is the current trend direction of ZENAS BIOPHARMA INC (ZBIO) stock?
The current trend direction for ZENAS BIOPHARMA INC (ZBIO) is Bearish.
What is the RSI signal for ZENAS BIOPHARMA INC (ZBIO) stock?
ZENAS BIOPHARMA INC (ZBIO) has an RSI value of 37.5978. This indicates that the stock is currently neutral.
What is the MACD signal for ZBIO stock?
The MACD indicator for ZENAS BIOPHARMA INC (ZBIO) has a value of -0.385984, indicating a bearish trend.
What is the short term momentum for ZBIO stock?
The short term momentum for ZENAS BIOPHARMA INC (ZBIO) is negative.