NYSEARCA:ZDGE - NYSE Arca - US98923T1043 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to ZDGE. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ZDGE is showing a nice and steady performance.
Although ZDGE has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
2.37
We found 1 important support area.
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 | UP | POSITIVE | The long term trend for ZDGE is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ZDGE is up. |
ChartMill Relative Strength | 94.38 | POSITIVE | ZDGE has a high relative strength, it outperformed 94.38% off all stocks 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) | UP | POSITIVE | The current price of ZDGE is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 87.8 | OVERBOUGHT | The high RSI value suggests ZDGE may be overbought. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests ZDGE has a positive trend. |
Stochastics (14,3) | 94.15 | OVERBOUGHT | The high Stochastics value suggests ZDGE may be overbought. |
Average True Range in percent/ATR (20) | 6.56 | HIGH VOLATILITY | The high ATR as a percentage value for ZDGE suggests high volalility. |
Average Directional Index/ADX (14) | 40.14 | POSITIVE | The high ADX value value for ZDGE suggests a strong trend. |
3.91
+0.03 (+0.77%)