ZANITE ACQUISITION CORP (ZNTEU) Stock Technical Analysis
NASDAQ:ZNTEU - Nasdaq - US98907K2024
We assign a technical rating of 6 out of 10 to ZNTEU. ZNTEU has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
Warning: ZNTEU has an average volume of 2961 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
ZNTEU is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so ZNTEU is leading the market.
In the last month ZNTEU has a been trading in the 10.00 - 11.84 range, which is quite wide. It is currently trading near the high of this range.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When comparing the yearly performance of all stocks, we notice that ZNTEU is one of the better performing stocks in the market, outperforming 90% of all stocks. However, this relatively good performance is mostly due to a recent big move.
ZNTEU has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
9.89
11.64
3 important support areas can be observed.
- A support zone ranging from 10.66 to 10.78. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Strong support @10.47 from a horizontal line in the daily time frame.
- A support zone ranging from 9.99 to 9.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.66
Mansfield1.97
10 Day High11.84
10 Day Low10
20 Day High11.84
20 Day Low10
52 Week High11.84
52 Week Low10
Performance
1 Week5.83%
2 Weeks8.5%
1 Month4.63%
3 Month8.47%
6 Month9.66%
12 Month8.52%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.03
RSI(14)59.72
LBB10.07
UBB11.37
NASDAQ:ZNTEU (5/9/2022, 8:00:13 PM)
11.525
+1.53 (+15.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg15.25%
1 Week5.83%
2 Weeks8.5%
1 Month4.63%
3 Month8.47%
6 Month9.66%
12 Month8.52%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.37
ATR(20)%2.82%
ATR Inc719.36%
Range Today0.69
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
CRS90.66
Mansfield1.97
10 Day High11.84
10 Day Low10
20 Day High11.84
20 Day Low10
52 Week High11.84
52 Week Low10
CS1 End10.78
CR1 StartN/A
Volume & EV
DER(3)25.75%
DER(5)15.45%
Volume7.30K
Volume Incr39.3%
Vol(5)2.18K
Vol(50)2.96K