ZEDGE INC-CL B (ZDGE) Technical Analysis
NYSEARCA:ZDGE • US98923T1043
Current stock price
ZDGE Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to ZDGE. ZDGE has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
- ZDGE is part of the Interactive Media & Services industry. There are 69 other stocks in this industry. ZDGE outperforms 82% of them.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- Looking at the yearly performance, ZDGE did better than 72% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
- ZDGE 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 ZDGE is lagging the market slightly.
- In the last month ZDGE has a been trading in the 2.56 - 3.40 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
ZDGE Weekly and Daily overview Charts
ZDGE Setup Rating and Analysis
ZDGE has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 2.69, a Stop Loss order could be placed below this zone.
More info and screens
ZDGE Support and Resistance Analysis
2.48
2 important support areas can be observed.
- A support zone ranging from 2.65 to 2.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.50 from a trend line in the weekly time frame.
5 important resistance areas can be observed.
- Resistance @3.16 from a trend line in the daily time frame.
- A resistance zone ranging from 3.24 to 3.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.40 from a trend line in the weekly time frame.
- Resistance @3.52 from a trend line in the daily time frame.
- Resistance @3.79 from a horizontal line in the daily time frame.
ZDGE 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 ZDGE is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ZDGE is down. |
| ChartMill Relative Strength | 72.45 | POSITIVE | ZDGE has a high relative strength, it outperformed 72.45% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ZDGE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ZDGE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of ZDGE is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.06 | NEUTRAL | The RSI value for ZDGE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests ZDGE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 42.46 | NEUTRAL | The Stochastics value for ZDGE is a neutral value. |
| Average True Range in percent/ATR (20) | 7.45 | HIGH VOLATILITY | The high ATR as a percentage value for ZDGE suggests high volalility. |
| Average Directional Index/ADX (14) | 16.33 | NEGATIVE | The low ADX value for ZDGE suggests a weak or negative trend. |
ZDGE Chart- and CandleStick Pattern Analysis
ZDGE Technicals: Chart, Performance Metrics, Trend & Indicators
2.96
+0.1 (+3.5%)
ZEDGE INC-CL B / ZDGE TA FAQ
Can you provide the ChartMill technical rating for ZEDGE INC-CL B?
ChartMill assigns a technical rating of 1 / 10 to ZDGE.
Can you provide the trend direction for ZEDGE INC-CL B?
The current trend direction for ZEDGE INC-CL B (ZDGE) is Bearish.
What is the RSI signal for ZDGE stock?
ZEDGE INC-CL B (ZDGE) has an RSI value of 46.0573. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for ZEDGE INC-CL B?
ZEDGE INC-CL B (ZDGE) has a support level at 2.69 and a resistance level at 3.16. Check the full technical report for our detailed analysis of ZDGE support and resistance levels.