Zix Corp (ZIXI) Technical Analysis
NASDAQ:ZIXI
Current stock price
ZIXI Technical Rating and Analysis
Overall ZIXI gets a technical rating of 7 out of 10. Although ZIXI is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
- The long and short term trends are both positive. This is looking good!
- ZIXI is one of the better performing stocks in the Software industry, it outperforms 81% of 275 stocks in the same industry.
- ZIXI is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- ZIXI has an average volume of 1367570 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- When comparing the performance of all stocks over the past year, ZIXI turns out to be only a medium performer in the overall market: it outperformed 53% of all stocks.
- ZIXI 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 ZIXI is lagging the market slightly.
- In the last month ZIXI has a been trading in a tight range between 8.38 and 8.52.
ZIXI Weekly and Daily overview Charts
ZIXI Setup Rating and Analysis
ZIXI has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 8.48, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
ZIXI Support and Resistance Analysis
6.94
We found 6 important support areas.
- A support zone ranging from 8.39 to 8.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 8.20 to 8.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @7.82 from a trend line in the weekly time frame.
- Support @7.33 from a trend line in the weekly time frame.
- Support @7.16 from a horizontal line in the daily time frame.
- Support @7.01 from a trend line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @8.51 from a trend line in the daily time frame.
- A resistance zone ranging from 8.74 to 8.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
ZIXI 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 | UP | POSITIVE | The long term trend for ZIXI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ZIXI is up. |
| ChartMill Relative Strength | 53.15 | NEUTRAL | ZIXI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ZIXI is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ZIXI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ZIXI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.16 | NEUTRAL | The RSI value for ZIXI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests ZIXI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 81.94 | OVERBOUGHT | The high Stochastics value suggests ZIXI may be overbought. |
| Average True Range in percent/ATR (20) | 0.36 | LOW VOLATILITY | The low ATR as a percentage value for ZIXI suggests low volalility. |
ZIXI Chart- and CandleStick Pattern Analysis
ZIXI Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 8.52 | 8.37 | 0.15 (1.76%) | 25.00% |
| An entry @8.52. This is a Buy Stop order right above the resistance zone. | An exit @8.37. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.15 points, which is 1.76%. | For a 0.44% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
ZIXI Technicals: Chart, Performance Metrics, Trend & Indicators
8.485
-0.01 (-0.06%)
Zix Corp / ZIXI TA FAQ
What is the technical rating for ZIXI stock?
ChartMill assigns a technical rating of 7 / 10 to ZIXI.
Can you provide the trend direction for Zix Corp?
The current trend direction for Zix Corp (ZIXI) is Bullish.
What is the RSI signal for ZIXI stock?
Zix Corp (ZIXI) has an RSI value of 56.1568. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for Zix Corp?
The buy/sell signal for Zix Corp (ZIXI) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for Zix Corp?
Zix Corp (ZIXI) has a support level at 8.48 and a resistance level at 8.51. Check the full technical report for our detailed analysis of ZIXI support and resistance levels.