ZEO ENERGY CORP (ZEO) Stock Technical Analysis
NASDAQ:ZEO - Nasdaq - US98944F1093 - Common Stock - Currency: USD
Overall ZEO gets a technical rating of 5 out of 10. ZEO has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
ZEO is one of the better performing stocks in the Electrical Equipment industry, it outperforms 75% of 95 stocks in the same industry.
In the last month ZEO has a been trading in the 1.51 - 3.47 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
ZEO has an average volume of 2611340 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
Looking at the yearly performance, ZEO did better than 74% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
ZEO is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so ZEO is lagging the market slightly.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
ZEO has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
1.54
3.47
We found 3 important support areas.
- A support zone ranging from 3.08 to 3.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.59 from a trend line in the daily time frame.
- Support @1.56 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 3.44 to 3.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for ZEO is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ZEO is neutral. |
| ChartMill Relative Strength | 74.66 | POSITIVE | ZEO has a high relative strength, it outperformed 74.66% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ZEO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ZEO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of ZEO is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 75.41 | OVERBOUGHT | The high RSI value suggests ZEO may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.16 | POSITIVE | The MACD value suggests ZEO has a positive trend. |
| Stochastics (14,3) | 72.49 | NEUTRAL | The Stochastics value for ZEO is a neutral value. |
| Average True Range in percent/ATR (20) | 7.21 | HIGH VOLATILITY | The high ATR as a percentage value for ZEO suggests high volalility. |
| Average Directional Index/ADX (14) | 52.41 | POSITIVE | The high ADX value value for ZEO 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)
3.09
-0.34 (-9.91%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg-9.91%
1 Week96.82%
2 Weeks96.82%
1 Month86.14%
3 Month48.56%
6 Month139.54%
12 Month-33.69%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.25
ATR(20)%7.21%
ATR Inc1372.51%
Range Today0.44
ADR(20)0.16
ADR(20)%5.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS74.66
Mansfield3.06
10 Day High3.47
10 Day Low1.51
20 Day High3.47
20 Day Low1.51
52 Week High4.75
52 Week Low1.05
CS1 End3.08
CR1 Start3.44
Volume & EV
DER(3)1.99%
DER(5)-0.3%
Volume1.57M
Volume Incr93805.16%
Vol(5)21.29M
Vol(50)2.61M