Taking everything into account, ZNB scores 0 out of 10 in our technical rating. ZNB'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.
Although the technical rating is bad, ZNB does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
0.71
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 ZNB is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ZNB is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | ZNB has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ZNB is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ZNB is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 35.35 | NEUTRAL | The RSI value for ZNB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests ZNB has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 23.33 | NEUTRAL | The Stochastics value for ZNB is a neutral value. |
| Average True Range in percent/ATR (20) | 10.74 | HIGH VOLATILITY | The high ATR as a percentage value for ZNB suggests high volalility. |
| Average Directional Index/ADX (14) | 16.57 | NEGATIVE | The low ADX value for ZNB suggests a weak or negative trend. |
0.72
-0.03 (-4%)
ChartMill assigns a technical rating of 0 / 10 to ZNB.
The current trend direction for ZETA NETWORK GROUP (ZNB) is Bearish.
ZETA NETWORK GROUP (ZNB) has an RSI value of 35.3468. This indicates that the stock is currently neutral.
The MACD indicator for ZETA NETWORK GROUP (ZNB) has a value of 0.017924, indicating a bearish trend.