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 0 out of 10. ZEN scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
96% of all other stocks performed better in the past year than ZEN.
ZEN is one of the lesser performing stocks in the Health Care Equipment & Supplies industry. 71% of 15 stocks in the same industry do better.
ZEN is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ZEN is lagging the market.
In the last month ZEN has a been trading in the 1.06 - 1.59 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.
The technical rating of ZEN is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
1.12
1.50
2 important resistance areas can be observed.
- A resistance zone ranging from 1.23 to 1.24. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @1.49 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 | 4.62 | NEGATIVE | ZEN.CA has a low relative strength, it was outperformed by 95.38% 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) | UP | MIXED | The current price of ZEN.CA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 29.71 | OVERSOLD | The low RSI value suggests ZEN.CA may be oversold. |
| 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) | 34.02 | NEUTRAL | The Stochastics value for ZEN.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 9 | HIGH VOLATILITY | The high ATR as a percentage value for ZEN.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 42.34 | 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 (8/1/2025, 7:00:00 PM)
1.13
-0.07 (-5.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-5.83%
1 Week-9.6%
2 Weeks-1.74%
1 Month-24.67%
3 Month-54.8%
6 Month-30.25%
12 Month-15.67%
2 Year-40.21%
3 Year-52.12%
5 Year156.82%
10 Year-22.6%
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%9%
ATR Inc2.33%
Range Today0.17
ADR(20)0.1
ADR(20)%8.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.62
Mansfield-2.86
10 Day High1.37
10 Day Low1.06
20 Day High1.59
20 Day Low1.06
52 Week High2.5
52 Week Low0.75
CS1 EndN/A
CR1 Start1.23
Volume & EV
DER(3)-137.07%
DER(5)-120.84%
Volume230.78K
Volume Incr14.58%
Vol(5)71.61K
Vol(50)51.79K