Zafgen Inc (ZFGN) Stock Technical Analysis
NASDAQ:ZFGN - Nasdaq -
Overall ZFGN gets a technical rating of 5 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. ZFGN was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, ZFGN is a bad performer in the overall market: 89% of all stocks are doing better.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
ZFGN 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 ZFGN is lagging the market slightly.
In the last month ZFGN has a been trading in the 0.74 - 1.29 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ZFGN has an average technical rating and it also does not offer a high 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
0.75
1.21
We found 2 important support areas.
- A support zone ranging from 0.82 to 0.84. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @0.76 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- Resistance @1.10 from a horizontal line in the weekly time frame.
- Resistance @1.20 from a trend 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 | NEUTRAL | NEUTRAL | The long term trend for ZFGN is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ZFGN is up. |
| ChartMill Relative Strength | 11.12 | NEGATIVE | ZFGN has a low relative strength, it was outperformed by 88.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ZFGN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ZFGN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ZFGN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.94 | NEUTRAL | The RSI value for ZFGN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests ZFGN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 62.75 | NEUTRAL | The Stochastics value for ZFGN is a neutral value. |
| Average True Range in percent/ATR (20) | 10.5 | HIGH VOLATILITY | The high ATR as a percentage value for ZFGN suggests high volalility. |
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)
0.99
-0.17 (-14.66%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-14.66%
1 Week11.55%
2 Weeks15.08%
1 Month26.16%
3 Month-13.16%
6 Month22.22%
12 Month-45.9%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%10.5%
ATR Inc146.9%
Range Today0.29
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
CRS11.12
Mansfield0.3
10 Day High1.29
10 Day Low0.79
20 Day High1.29
20 Day Low0.74
52 Week High1.88
52 Week Low0.62
CS1 End0.84
CR1 Start1.1
Volume & EV
DER(3)0.64%
DER(5)6.17%
Volume4.32M
Volume Incr1186.15%
Vol(5)3.13M
Vol(50)469.88K