ZEDGE INC-CL B (ZDGE) Stock Technical Analysis
NYSEARCA:ZDGE - NYSE Arca - US98923T1043 - Common Stock - Currency: USD
Overall ZDGE gets a technical rating of 7 out of 10. In the last year, ZDGE was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month ZDGE has a been trading in the 2.12 - 2.79 range, which is quite wide. It is currently trading near the high 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.
When comparing the performance of all stocks over the past year, ZDGE turns out to be only a medium performer in the overall market: it outperformed 49% of all stocks.
ZDGE is part of the Interactive Media & Services industry. There are 71 other stocks in this industry, ZDGE did better than 61% of them.
ZDGE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ZDGE is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although ZDGE has an excellent technical rating, it does not present a decent entry opportunity 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
1.90
2.66
When analyzing the support we can see 4 important areas.
- A support zone ranging from 2.61 to 2.62. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.35 from a horizontal line in the daily time frame.
- A support zone ranging from 2.29 to 2.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.92 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 ZDGE is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ZDGE is up. |
| ChartMill Relative Strength | 49.67 | NEUTRAL | ZDGE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ZDGE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ZDGE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ZDGE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 62.69 | NEUTRAL | The RSI value for ZDGE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests ZDGE has a positive trend. |
| Stochastics (14,3) | 72.72 | NEUTRAL | The Stochastics value for ZDGE is a neutral value. |
| Average True Range in percent/ATR (20) | 5.84 | HIGH VOLATILITY | The high ATR as a percentage value for ZDGE suggests high volalility. |
| Average Directional Index/ADX (14) | 23.24 | NEUTRAL | The ADX value for ZDGE suggests a possible start of a new 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)
NYSEARCA:ZDGE (6/10/2025, 1:06:10 PM)
2.63
+0.03 (+1.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryInteractive Media & Services
Performance
% Chg1.15%
1 Week7%
2 Weeks6.56%
1 Month12.55%
3 Month17.65%
6 Month-4.76%
12 Month-12.46%
2 Year16.07%
3 Year-9.72%
5 Year75.68%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%5.84%
ATR Inc71.44%
Range Today0.19
ADR(20)0.15
ADR(20)%5.65%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS49.67
Mansfield-1.24
10 Day High2.79
10 Day Low2.29
20 Day High2.79
20 Day Low2.12
52 Week High4.37
52 Week Low1.73
CS1 End2.35
CR1 Start2.61
Volume & EV
DER(3)-7.28%
DER(5)6.65%
Volume63.80K
Volume Incr254.14%
Vol(5)92.82K
Vol(50)43.04K