ZOOMCAR HOLDINGS INC (ZCAR) Technical Analysis
NASDAQ:ZCAR • US45784G3092
Current stock price
ZCAR Technical Rating and Analysis
Taking everything into account, ZCAR scores 1 out of 10 in our technical rating. 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 long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- 100% of all other stocks performed better in the past year than ZCAR.
- ZCAR is part of the Ground Transportation industry. There are 42 other stocks in this industry, of which 90% are performing better than ZCAR.
- 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.
ZCAR Weekly and Daily overview Charts
ZCAR Setup Rating and Analysis
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
ZCAR Support and Resistance Analysis
ZCAR 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 | 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. |
ZCAR Chart- and CandleStick Pattern Analysis
ZCAR Technicals: Chart, Performance Metrics, Trend & Indicators
4.95
-1 (-16.81%)
ZOOMCAR HOLDINGS INC / ZCAR TA FAQ
What is the ChartMill technical rating of ZOOMCAR HOLDINGS INC (ZCAR) stock?
ChartMill assigns a technical rating of 1 / 10 to ZCAR.
Can you provide the trend direction for ZOOMCAR HOLDINGS INC?
The current trend direction for ZOOMCAR HOLDINGS INC (ZCAR) is Bearish.
What is the RSI signal for ZCAR stock?
ZOOMCAR HOLDINGS INC (ZCAR) has an RSI value of 47.6822. This indicates that the stock is currently neutral.
What is the MACD signal for ZCAR stock?
The MACD indicator for ZOOMCAR HOLDINGS INC (ZCAR) has a value of 0.552296, indicating a bearish trend.