ZOGENIX INC (ZGNX) Stock Technical Analysis
NASDAQ:ZGNX - Nasdaq - Common Stock
Taking everything into account, ZGNX scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, ZGNX is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
ZGNX is one of the better performing stocks in the Pharmaceuticals industry, it outperforms 98% of 194 stocks in the same industry.
ZGNX is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
ZGNX has an average volume of 3345140 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, ZGNX did better than 98% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
In the last month ZGNX has a been trading in a tight range between 26.02 and 26.90.
Although ZGNX has an excellent technical rating, it 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
19.75
26.96
2 important support areas can be observed.
- A support zone ranging from 26.10 to 26.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @19.95 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 26.69 to 26.69. 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 | UP | POSITIVE | The long term trend for ZGNX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ZGNX is up. |
| ChartMill Relative Strength | 98.84 | POSITIVE | ZGNX has a high relative strength, it outperformed 98.84% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ZGNX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ZGNX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ZGNX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 77.73 | OVERBOUGHT | The high RSI value suggests ZGNX may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.28 | NEGATIVE | The MACD value suggests ZGNX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 68.64 | NEUTRAL | The Stochastics value for ZGNX is a neutral value. |
| Average True Range in percent/ATR (20) | 0.75 | LOW VOLATILITY | The low ATR as a percentage value for ZGNX suggests low 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)
26.68
+0.42 (+1.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg1.6%
1 Week2.22%
2 Weeks1.99%
1 Month2.22%
3 Month125.15%
6 Month80.15%
12 Month28.64%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.19
ATR(20)%0.75%
ATR Inc140.34%
Range Today0.39
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
CRS98.84
Mansfield5.07
10 Day High26.9
10 Day Low26.07
20 Day High26.9
20 Day Low26.02
52 Week High26.9
52 Week Low11.03
CS1 End26.26
CR1 Start26.69
Volume & EV
DER(3)-0.39%
DER(5)0.21%
Volume11.25M
Volume Incr47.27%
Vol(5)3.93M
Vol(50)3.35M