ZENTEK LTD (ZEN.CA) Stock Technical Analysis
Canada - TSX-V:ZEN - CA98942X1024 - Common Stock
Overall ZEN gets a technical rating of 1 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.
Although the technical rating is bad, ZEN does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 1.04, a Stop Loss order could be placed below this zone.
More info and screens
0.93
2 important support areas can be observed.
- A support zone ranging from 1.04 to 1.04. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.94 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- Resistance @1.20 from a horizontal line in the weekly time frame.
- Resistance @1.22 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 | DOWN | NEGATIVE | The long term trend for ZEN.CA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ZEN.CA is neutral. |
| ChartMill Relative Strength | 15.69 | NEGATIVE | ZEN.CA has a low relative strength, it was outperformed by 84.31% 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 | MIXED | The current price of ZEN.CA is below the rising 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) | 43.71 | NEUTRAL | The RSI value for ZEN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ZEN.CA has a negative trend. |
| Stochastics (14,3) | 42 | NEUTRAL | The Stochastics value for ZEN.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 8.07 | HIGH VOLATILITY | The high ATR as a percentage value for ZEN.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 28.09 | POSITIVE | The high ADX value value for ZEN.CA suggests a strong trend. |
TSX-V:ZEN (11/4/2025, 7:00:00 PM)
1.09
-0.04 (-3.54%)
ZENTEK LTD / ZEN.CA FAQ
Can you provide the ChartMill technical rating for ZENTEK LTD?
ChartMill assigns a technical rating of 1 / 10 to ZEN.CA.
What is the trend direction for ZEN 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 43.7079. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ZENTEK LTD?
The MACD indicator for ZENTEK LTD (ZEN.CA) has a value of -0.00202511, indicating a bearish trend.
What are the support and resistance levels for ZENTEK LTD (ZEN.CA) stock?
ZENTEK LTD (ZEN.CA) has a support level at 1.04 and a resistance level at 1.2. Check the full technical report for our detailed analysis of ZEN.CA support and resistance levels.