ZENTEK LTD (ZEN.CA) Stock Technical Analysis
TSX-V:ZEN - TSX Venture Exchange - CA98942X1024 - Common Stock - Currency: CAD
Taking everything into account, ZEN scores 0 out of 10 in our technical rating. ZEN's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, ZEN is a bad performer in the overall market: 94% of all stocks are doing better.
ZEN is part of the Health Care Equipment & Supplies industry. There are 15 other stocks in this industry, of which 78% are performing better than ZEN.
ZEN is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month ZEN has a been trading in the 1.06 - 1.50 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
ZEN has a poor technical rating and the quality of the setup is also only medium at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
1.11
1.45
We found 1 important support area.
- A support zone ranging from 1.12 to 1.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 1.13 to 1.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 1.16 to 1.17. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @1.44 from a trend 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 | DOWN | NEGATIVE | The long term trend for ZEN.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ZEN.CA is down. |
| ChartMill Relative Strength | 6 | NEGATIVE | ZEN.CA has a low relative strength, it was outperformed by 94% 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) | DOWN | NEGATIVE | The current price of ZEN.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ZEN.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 31.36 | NEUTRAL | The RSI value for ZEN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ZEN.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 27.96 | NEUTRAL | The Stochastics value for ZEN.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 8.61 | HIGH VOLATILITY | The high ATR as a percentage value for ZEN.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 43.85 | POSITIVE | The high ADX value value for ZEN.CA suggests a strong 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 (8/7/2025, 7:00:00 PM)
1.13
-0.03 (-2.59%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-2.59%
1 Week-8.87%
2 Weeks-10.32%
1 Month-22.6%
3 Month-49.33%
6 Month-28.03%
12 Month-13.74%
2 Year-40.21%
3 Year-52.12%
5 Year156.82%
10 Year-22.6%
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%8.61%
ATR Inc-47.06%
Range Today0.05
ADR(20)0.09
ADR(20)%8.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6
Mansfield-2.85
10 Day High1.37
10 Day Low1.06
20 Day High1.5
20 Day Low1.06
52 Week High2.5
52 Week Low0.75
CS1 End1.12
CR1 Start1.13
Volume & EV
DER(3)-100.47%
DER(5)-115.69%
Volume27.62K
Volume Incr26.63%
Vol(5)74.07K
Vol(50)52.27K