Zion Oil & Gas Inc (ZN) Stock Technical Analysis
NASDAQ:ZN -
0.232
-0.08 (-25.55%)
0.2
-0.03 (-13.79%)
We assign a technical rating of 0 out of 10 to ZN. ZN's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
82% of all other stocks performed better in the past year than ZN.
ZN is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month ZN has a been trading in the 0.21 - 0.52 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
ZN has an average volume of 9614480 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
The technical rating of ZN is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.19
0.42
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.21 to 0.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.19 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @0.42 from a trend line in the weekly 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 ZN is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ZN is down. |
| ChartMill Relative Strength | 18.54 | NEGATIVE | ZN has a low relative strength, it was outperformed by 81.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ZN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ZN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of ZN is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 35.63 | NEUTRAL | The RSI value for ZN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests ZN has a negative trend. |
| Stochastics (14,3) | 5.27 | OVERSOLD | The low Stochastics value suggests ZN may be oversold. |
| Average True Range in percent/ATR (20) | 19.2 | HIGH VOLATILITY | The high ATR as a percentage value for ZN 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)
0.232
-0.08 (-25.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-25.55%
1 Week-27.55%
2 Weeks-42.72%
1 Month-53.43%
3 Month-24.16%
6 Month26.85%
12 Month-17.2%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%19.2%
ATR Inc61.61%
Range Today0.07
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
CRS18.54
Mansfield-1.82
10 Day High0.42
10 Day Low0.21
20 Day High0.52
20 Day Low0.21
52 Week High0.88
52 Week Low0.12
CS1 End0.21
CR1 Start0.42
Volume & EV
DER(3)-5.61%
DER(5)-5.18%
Volume17.11M
Volume Incr-59.89%
Vol(5)7.67M
Vol(50)9.61M