ZOOMCAR HOLDINGS INC (ZCAR) Stock Technical Analysis
NASDAQ:ZCAR - Nasdaq - US45784G3092 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to ZCAR. ZCAR's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, ZCAR is a bad performer in the overall market: 100% of all stocks are doing better.
ZCAR is one of the lesser performing stocks in the Ground Transportation industry. 89% of 40 stocks in the same industry do better.
ZCAR is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so ZCAR is lagging the market.
In the last month ZCAR has a been trading in the 2.82 - 18.00 range, which is quite wide. It is currently trading near the lows of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
ZCAR has an average volume of 1691060 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of ZCAR is bad and it also does not present a 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.
More info and screens
4.90
5.00
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 | DOWN | NEGATIVE | The long term trend for ZCAR is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ZCAR is neutral. |
| ChartMill Relative Strength | 0.46 | NEGATIVE | ZCAR has a low relative strength, it was outperformed by 99.54% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ZCAR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ZCAR is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ZCAR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.68 | NEUTRAL | The RSI value for ZCAR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.55 | POSITIVE | The MACD value suggests ZCAR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 27.25 | NEUTRAL | The Stochastics value for ZCAR is a neutral value. |
| Average True Range in percent/ATR (20) | 37.83 | HIGH VOLATILITY | The high ATR as a percentage value for ZCAR suggests high volalility. |
| Average Directional Index/ADX (14) | 28.36 | POSITIVE | The high ADX value value for ZCAR 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)
4.95
-1 (-16.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryGround Transportation
Performance
% Chg-16.81%
1 Week21.62%
2 Weeks33.42%
1 Month55.66%
3 Month-78.85%
6 Month-96.49%
12 Month-99.16%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.39
ATR(20)%37.83%
ATR Inc43.83%
Range Today1.49
ADR(20)1.43
ADR(20)%28.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.46
Mansfield-9.7
10 Day High18
10 Day Low3.55
20 Day High18
20 Day Low2.82
52 Week High880
52 Week Low2.61
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-2.21%
DER(5)-0.19%
Volume685.30K
Volume Incr6694.21%
Vol(5)12.87M
Vol(50)1.69M