ECOARK HOLDINGS INC (ZEST) Stock Technical Analysis
NASDAQ:ZEST - Nasdaq - US27888N3070 - Common Stock - Currency: USD
Taking everything into account, ZEST scores 0 out of 10 in our technical rating. ZEST scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
98% of all other stocks performed better in the past year than ZEST.
ZEST is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 90% of 213 stocks in the same industry do better.
ZEST is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so ZEST is lagging the market.
In the last month ZEST has a been trading in the 0.16 - 0.24 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.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Although the technical rating is bad, ZEST 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.
More info and screens
0.17
0.29
When analyzing the resistance we notice one important area.
- Resistance @0.29 from a trend line in the weekly 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 ZEST is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ZEST is down. |
| ChartMill Relative Strength | 2.33 | NEGATIVE | ZEST has a low relative strength, it was outperformed by 97.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ZEST is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ZEST is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ZEST is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 37.01 | NEUTRAL | The RSI value for ZEST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests ZEST has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 30.97 | NEUTRAL | The Stochastics value for ZEST is a neutral value. |
| Average True Range in percent/ATR (20) | 20.24 | HIGH VOLATILITY | The high ATR as a percentage value for ZEST suggests high volalility. |
| Average Directional Index/ADX (14) | 14.68 | NEGATIVE | The low ADX value for ZEST suggests a weak or negative 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)
0.1741
-0.01 (-4.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-4.55%
1 Week-15.07%
2 Weeks-12.95%
1 Month-20.83%
3 Month-38.44%
6 Month-87.29%
12 Month-93.38%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%20.24%
ATR Inc-16.66%
Range Today0.03
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.33
Mansfield-8.62
10 Day High0.23
10 Day Low0.17
20 Day High0.24
20 Day Low0.16
52 Week High2.8
52 Week Low0.16
CS1 EndN/A
CR1 Start0.29
Volume & EV
DER(3)-16.79%
DER(5)-10.22%
Volume611.20K
Volume Incr101.16%
Vol(5)1.21M
Vol(50)567.05K