LIGHTNING EMOTORS INC-CW25 (ZEV.W) Technical Analysis
NYSE:ZEV.W
Current stock price
ZEV.W Technical Rating and Analysis
We assign a technical rating of 1 out of 10 to ZEV.W. ZEV.W's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- 97% of all other stocks performed better in the past year than ZEV.W.
- ZEV.W 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 ZEV.W is lagging the market.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- Warning: ZEV.W has an average volume of 27192 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- In the last month ZEV.W has a been trading in the 0.02 - 0.02 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
ZEV.W Weekly and Daily overview Charts
ZEV.W Setup Rating and Analysis
The technical rating of ZEV.W 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
ZEV.W Support and Resistance Analysis
0.02
When analyzing the support we notice one important area.
- A support zone ranging from 0.02 to 0.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
ZEV.W 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 ZEV.W is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ZEV.W is neutral. |
| ChartMill Relative Strength | 3.59 | NEGATIVE | ZEV.W has a low relative strength, it was outperformed by 96.41% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ZEV.W is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ZEV.W is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ZEV.W is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 59.44 | NEUTRAL | The RSI value for ZEV.W is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests ZEV.W has a positive trend. |
| Stochastics (14,3) | 34.81 | NEUTRAL | The Stochastics value for ZEV.W is a neutral value. |
| Average True Range in percent/ATR (20) | 8.89 | HIGH VOLATILITY | The high ATR as a percentage value for ZEV.W suggests high volalility. |
| Average Directional Index/ADX (14) | 29.8 | POSITIVE | The high ADX value value for ZEV.W suggests a strong trend. |
ZEV.W Chart- and CandleStick Pattern Analysis
ZEV.W Technicals: Chart, Performance Metrics, Trend & Indicators
NYSE:ZEV.W (9/18/2023, 8:04:00 PM)
0.0199
+0 (+27.56%)
LIGHTNING EMOTORS INC-CW25 / ZEV.W TA FAQ
What is the ChartMill technical rating of LIGHTNING EMOTORS INC-CW25 (ZEV.W) stock?
ChartMill assigns a technical rating of 1 / 10 to ZEV.W.
What is the current trend direction of LIGHTNING EMOTORS INC-CW25 (ZEV.W) stock?
The current trend direction for LIGHTNING EMOTORS INC-CW25 (ZEV.W) is Bearish.
What is the RSI signal for LIGHTNING EMOTORS INC-CW25 (ZEV.W) stock?
LIGHTNING EMOTORS INC-CW25 (ZEV.W) has an RSI value of 59.4387. This indicates that the stock is currently neutral.
What is the MACD signal for LIGHTNING EMOTORS INC-CW25 (ZEV.W) stock?
The MACD indicator for LIGHTNING EMOTORS INC-CW25 (ZEV.W) has a value of 0.000538703, indicating a bearish trend.