ZETA NETWORK GROUP (ZNB) Stock Technical Analysis
NASDAQ:ZNB • KYG2287A1343
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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 100% of all other stocks performed better in the past year than ZNB.
- ZNB is part of the Diversified Consumer Services industry. There are 75 other stocks in this industry, of which 87% are performing better than ZNB.
- In the last month ZNB has a been trading in the 0.19 - 1.21 range, which is quite wide. It is currently trading near the lows of this range.
- ZNB has an average volume of 2321120 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Volume is considerably higher in the last couple of days.
The technical rating of ZNB is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
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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 | DOWN | NEGATIVE | The long term trend for ZNB is down. |
| 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) | 33.86 | NEUTRAL | The RSI value for ZNB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests ZNB has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 5.98 | OVERSOLD | The low Stochastics value suggests ZNB may be oversold. |
| Average True Range in percent/ATR (20) | 54.38 | HIGH VOLATILITY | The high ATR as a percentage value for ZNB suggests high volalility. |
| Average Directional Index/ADX (14) | 22.58 | NEUTRAL | The ADX value for ZNB suggests a possible start of a new trend. |
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+0.01 (+2.49%)
ZETA NETWORK GROUP / ZNB FAQ
What is the ChartMill technical rating of ZETA NETWORK GROUP (ZNB) stock?
ChartMill assigns a technical rating of 0 / 10 to ZNB.
What is the trend direction for ZNB stock?
The current trend direction for ZETA NETWORK GROUP (ZNB) is Bearish.
What is the RSI signal for ZNB stock?
ZETA NETWORK GROUP (ZNB) has an RSI value of 33.8551. This indicates that the stock is currently neutral.
Can you provide the short term momentum for ZETA NETWORK GROUP?
The short term momentum for ZETA NETWORK GROUP (ZNB) is negative.