NYSEARCA:ZDGE - NYSE Arca - US98923T1043 - Common Stock - Currency: USD
Taking everything into account, ZDGE scores 6 out of 10 in our technical rating. In the past year, ZDGE was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
Although the technical rating is only medium, ZDGE does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 2.35, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
1.90
2 important support areas can be observed.
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 | 59.14 | 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) | 66.77 | NEUTRAL | The RSI value for ZDGE is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests ZDGE has a positive trend. |
Stochastics (14,3) | 77.55 | NEUTRAL | The Stochastics value for ZDGE is a neutral value. |
Average True Range in percent/ATR (20) | 5.81 | HIGH VOLATILITY | The high ATR as a percentage value for ZDGE suggests high volalility. |
Average Directional Index/ADX (14) | 25.75 | POSITIVE | The high ADX value value for ZDGE suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
2.81 | 2.28 | 0.53 (18.86%) | 5.30% |
An entry @2.81. This is a Buy Stop order right above the 10 day high. | An exit @2.28. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.53 points, which is 18.86%. | For a 1.00% total portfolio risk, you can invest 5.30% of your capital in this trade. |
2.69
+0.06 (+2.28%)