ZENATECH INC (ZENA) Stock Technical Analysis
NASDAQ:ZENA - CA98936T2083 - Common Stock
5 USD
+0.07 (+1.42%)
5.0253 USD
+0.03 (+0.51%)
Taking everything into account, ZENA scores 5 out of 10 in our technical rating. In the last year, ZENA was a bad performer. We also see some doubts in the very recent evolution, but in the medium term things still look positive.
When comparing the yearly performance of all stocks, ZENA is a bad performer in the overall market: 100% of all stocks are doing better.
ZENA is part of the Software industry. There are 283 other stocks in this industry, of which 91% are performing better than ZENA.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
In the last month ZENA has a been trading in the 4.23 - 5.95 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
ZENA has an average volume of 2136290 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
ZENA has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
4.24
6.46
We found 3 important support areas.
- A support zone ranging from 4.71 to 4.78. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 4.38 to 4.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @4.28 from a trend line in the daily time frame.
5 important resistance areas can be observed.
- Resistance @5.18 from a trend line in the daily time frame.
- Resistance @5.37 from a trend line in the weekly time frame.
- Resistance @5.59 from a horizontal line in the daily time frame.
- Resistance @5.85 from a trend line in the daily time frame.
- Resistance @6.40 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 ZENA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ZENA is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | ZENA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ZENA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ZENA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ZENA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.03 | NEUTRAL | The RSI value for ZENA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests ZENA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 32.6 | NEUTRAL | The Stochastics value for ZENA is a neutral value. |
| Average True Range in percent/ATR (20) | 8.46 | HIGH VOLATILITY | The high ATR as a percentage value for ZENA suggests high volalility. |
| Average Directional Index/ADX (14) | 22.13 | NEUTRAL | The ADX value for ZENA suggests a possible start of a new 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)
5
+0.07 (+1.42%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg1.42%
1 Week1.42%
2 Weeks-0.79%
1 Month-11.82%
3 Month100%
6 Month8.23%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.42
ATR(20)%8.46%
ATR Inc-9.16%
Range Today0.25
ADR(20)0.37
ADR(20)%7.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High5.95
10 Day Low4.35
20 Day High5.95
20 Day Low4.23
52 Week HighN/A
52 Week LowN/A
CS1 End4.78
CR1 Start5.18
Volume & EV
DER(3)2.63%
DER(5)-2.42%
Volume737.40K
Volume Incr-63.4%
Vol(5)781.20K
Vol(50)2.14M