ZENTEK LTD (ZEN.CA) Stock Technical Analysis
Canada • TSX Venture Exchange • TSX-V:ZEN • CA98942X1024
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.
- 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. 64% of 15 stocks in the same industry do better.
- ZEN is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- ZEN is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
The technical rating of ZEN is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
0.85
When analyzing the support we can see 2 important areas.
- Support @0.89 from a horizontal line in the weekly time frame.
- A support zone ranging from 0.86 to 0.87. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 0.94 to 0.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 1.06 to 1.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.19 from a trend line in the weekly time frame.
- Resistance @1.38 from a trend line in the daily time frame.
- Resistance @1.43 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 | 4.88 | NEGATIVE | ZEN.CA has a low relative strength, it was outperformed by 95.12% 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) | 40 | NEUTRAL | The RSI value for ZEN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests ZEN.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 22.2 | NEUTRAL | The Stochastics value for ZEN.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 9.39 | HIGH VOLATILITY | The high ATR as a percentage value for ZEN.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 21.4 | NEUTRAL | The ADX value for ZEN.CA suggests a possible start of a new trend. |
TSX-V:ZEN (2/9/2026, 7:00:00 PM)
0.9
-0.03 (-3.23%)
ZENTEK LTD / ZEN.CA FAQ
Can you provide the ChartMill technical rating for ZENTEK LTD?
ChartMill assigns a technical rating of 0 / 10 to ZEN.CA.
What is the current trend direction of ZENTEK LTD (ZEN.CA) stock?
The current trend direction for ZENTEK LTD (ZEN.CA) is Bearish.
Can you provide the RSI signal for ZENTEK LTD?
ZENTEK LTD (ZEN.CA) has an RSI value of 39.9957. This indicates that the stock is currently neutral.
What is the buy/sell signal for ZENTEK LTD (ZEN.CA) stock?
The buy/sell signal for ZENTEK LTD (ZEN.CA) is sell as both the short term and long term trends are negative.
Can you provide the support and resistance levels for ZENTEK LTD?
ZENTEK LTD (ZEN.CA) has a support level at 0.89 and a resistance level at 0.94. Check the full technical report for our detailed analysis of ZEN.CA support and resistance levels.