NASDAQ:ZGNX - Nasdaq - Common Stock
Overall ZGNX gets a technical rating of 9 out of 10. Both in the recent history as in the last year, ZGNX has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although ZGNX has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
19.75
We found 2 important support areas.
When analyzing the resistance we notice one important area.
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. |
26.68
+0.42 (+1.6%)