We assign a technical rating of 2 out of 10 to ZBIO. 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.
The technical rating of ZBIO is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
12.64
When analyzing the support we notice one important area.
- Support @12.77 from a trend line in the weekly 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 ZBIO is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ZBIO is down. |
| ChartMill Relative Strength | 88.22 | POSITIVE | ZBIO has a high relative strength, it outperformed 88.22% 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) | DOWN | NEGATIVE | The current price of ZBIO is below a declining 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) | 26.51 | OVERSOLD | The low RSI value suggests ZBIO may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -3 | NEGATIVE | The MACD value suggests ZBIO has a negative trend. |
| Stochastics (14,3) | 8.38 | OVERSOLD | The low Stochastics value suggests ZBIO may be oversold. |
| Average True Range in percent/ATR (20) | 26.04 | HIGH VOLATILITY | The high ATR as a percentage value for ZBIO suggests high volalility. |
| Average Directional Index/ADX (14) | 26.75 | POSITIVE | The high ADX value value for ZBIO suggests a strong trend. |
16.51
+1.31 (+8.62%)
ZENAS BIOPHARMA INC / ZBIO FAQ
What is the technical rating for ZBIO stock?
ChartMill assigns a technical rating of 2 / 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 26.5096. This indicates that the stock is currently oversold.
What is the MACD signal for ZBIO stock?
The MACD indicator for ZENAS BIOPHARMA INC (ZBIO) has a value of -2.99674, indicating a bearish trend.
What is the short term momentum for ZBIO stock?
The short term momentum for ZENAS BIOPHARMA INC (ZBIO) is negative.