ZEO ENERGY CORP (ZEO) Technical Analysis
NASDAQ:ZEO • US98944F1093
Current stock price
ZEO Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to ZEO. ZEO 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.
- When comparing the yearly performance of all stocks, ZEO is a bad performer in the overall market: 90% of all stocks are doing better.
- ZEO is part of the Electrical Equipment industry. There are 92 other stocks in this industry, of which 76% are performing better than ZEO.
- ZEO is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so ZEO is lagging the market.
- In the last month ZEO has a been trading in the 0.80 - 1.58 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.
- Considerably lower volume is observed in the last couple of days.
ZEO Weekly and Daily overview Charts
ZEO Setup Rating and Analysis
The technical rating of ZEO 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
ZEO Support and Resistance Analysis
0.81
We can see 5 important resistance areas.
- A resistance zone ranging from 1.05 to 1.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.14 from a trend line in the weekly time frame.
- Resistance @1.30 from a trend line in the daily time frame.
- Resistance @1.35 from a trend line in the daily time frame.
- Resistance @1.50 from a horizontal line in the daily time frame.
ZEO Technical Indicator Signal Analysis
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 ZEO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ZEO is down. |
| ChartMill Relative Strength | 10.18 | NEGATIVE | ZEO has a low relative strength, it was outperformed by 89.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ZEO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ZEO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ZEO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.27 | NEUTRAL | The RSI value for ZEO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests ZEO has a negative trend. |
| Stochastics (14,3) | 6.61 | OVERSOLD | The low Stochastics value suggests ZEO may be oversold. |
| Average True Range in percent/ATR (20) | 15.44 | HIGH VOLATILITY | The high ATR as a percentage value for ZEO suggests high volalility. |
| Average Directional Index/ADX (14) | 18.16 | NEGATIVE | The low ADX value for ZEO suggests a weak or negative trend. |
ZEO Chart- and CandleStick Pattern Analysis
ZEO Technicals: Chart, Performance Metrics, Trend & Indicators
0.8195
-0.04 (-4.35%)
ZEO ENERGY CORP / ZEO TA FAQ
Can you provide the ChartMill technical rating for ZEO ENERGY CORP?
ChartMill assigns a technical rating of 0 / 10 to ZEO.
What is the trend direction for ZEO stock?
The current trend direction for ZEO ENERGY CORP (ZEO) is Bearish.
What is the RSI signal for ZEO stock?
ZEO ENERGY CORP (ZEO) has an RSI value of 36.2665. This indicates that the stock is currently neutral.
What is the MACD signal for ZEO stock?
The MACD indicator for ZEO ENERGY CORP (ZEO) has a value of -0.0245653, indicating a bearish trend.
What is the buy/sell signal for ZEO stock?
The buy/sell signal for ZEO ENERGY CORP (ZEO) is sell as both the short term and long term trends are negative.