ZENTEK LTD (ZEN.CA) Stock Technical Analysis
TSX-V:ZEN - TSX Venture Exchange - CA98942X1024 - Common Stock - Currency: CAD
Overall ZEN gets a technical rating of 7 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month ZEN has a been trading in the 1.97 - 2.44 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
ZEN is part of the Health Care Equipment & Supplies industry. There are 14 other stocks in this industry. ZEN outperforms 92% of them.
ZEN is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ZEN is performing more or less in line with the market.
Looking at the yearly performance, ZEN did better than 89% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
Besides having an excellent technical rating, ZEN also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
1.38
2.26
When analyzing the support we can see 2 important areas.
- Support @1.52 from a trend line in the daily time frame.
- A support zone ranging from 1.39 to 1.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- Resistance @2.24 from a horizontal line in the daily 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 | UP | POSITIVE | The long term trend for ZEN.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ZEN.CA is neutral. |
| ChartMill Relative Strength | 89.11 | POSITIVE | ZEN.CA has a high relative strength, it outperformed 89.11% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ZEN.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ZEN.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ZEN.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.32 | NEUTRAL | The RSI value for ZEN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests ZEN.CA has a negative trend. |
| Stochastics (14,3) | 30.95 | NEUTRAL | The Stochastics value for ZEN.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.69 | HIGH VOLATILITY | The high ATR as a percentage value for ZEN.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 18.04 | NEGATIVE | The low ADX value for ZEN.CA suggests a weak or negative 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)
TSX-V:ZEN (6/4/2025, 7:00:00 PM)
2.01
-0.05 (-2.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-2.43%
1 Week-4.74%
2 Weeks-5.19%
1 Month-5.63%
3 Month53.44%
6 Month25.63%
12 Month32.24%
2 Year-2.9%
3 Year-16.25%
5 Year224.19%
10 Year39.58%
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%6.69%
ATR Inc-43.12%
Range Today0.04
ADR(20)0.13
ADR(20)%6.34%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.11
Mansfield3.13
10 Day High2.21
10 Day Low1.97
20 Day High2.44
20 Day Low1.97
52 Week High2.5
52 Week Low0.75
CS1 End1.52
CR1 Start2.24
Volume & EV
DER(3)-25.6%
DER(5)-18.01%
Volume9.35K
Volume Incr-1.41%
Vol(5)51.57K
Vol(50)54.61K