GENERATION Z ETF (ZGEN) Stock Technical Analysis
USA - NASDAQ:ZGEN - US02072L7635 - ETF
We assign a technical rating of 3 out of 10 to ZGEN. ZGEN performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
The technical rating of ZGEN 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
11.63
We found 1 important support area.
- A support zone ranging from 11.75 to 11.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 12.04 to 12.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @12.84 from a trend line in the daily time frame.
- Resistance @13.10 from a horizontal line in the weekly time frame.
- Resistance @13.38 from a horizontal 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 ZGEN is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ZGEN is neutral. |
| ChartMill Relative Strength | 34.21 | NEUTRAL | ZGEN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ZGEN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ZGEN is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ZGEN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.32 | NEUTRAL | The RSI value for ZGEN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests ZGEN has a negative trend. |
| Stochastics (14,3) | 41.06 | NEUTRAL | The Stochastics value for ZGEN is a neutral value. |
| Average True Range in percent/ATR (20) | 1.61 | LOW VOLATILITY | The low ATR as a percentage value for ZGEN suggests low volalility. |
| Average Directional Index/ADX (14) | 11.3 | NEGATIVE | The low ADX value for ZGEN suggests a weak or negative trend. |
NASDAQ:ZGEN (3/17/2023, 8:00:02 PM)
12.01
-0.27 (-2.21%)
GENERATION Z ETF / ZGEN FAQ
Can you provide the ChartMill technical rating for GENERATION Z ETF?
ChartMill assigns a technical rating of 3 / 10 to ZGEN.
Can you provide the trend direction for GENERATION Z ETF?
The current trend direction for GENERATION Z ETF (ZGEN) is Bearish.
What is the RSI signal for ZGEN stock?
GENERATION Z ETF (ZGEN) has an RSI value of 47.3244. This indicates that the stock is currently neutral.
Can you provide the MACD signal for GENERATION Z ETF?
The MACD indicator for GENERATION Z ETF (ZGEN) has a value of -0.0380314, indicating a bearish trend.
Can you provide the short term momentum for GENERATION Z ETF?
The short term momentum for GENERATION Z ETF (ZGEN) is neutral.