ZENTALIS PHARMACEUTICALS INC (ZNTL) Stock Technical Analysis
NASDAQ:ZNTL - Nasdaq - US98943L1070 - Common Stock - Currency: USD
Taking everything into account, ZNTL scores 3 out of 10 in our technical rating. In the past year, ZNTL was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, ZNTL is a bad performer in the overall market: 88% of all stocks are doing better.
ZNTL is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
ZNTL has an average volume of 1015180 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
ZNTL is an average performer in the Biotechnology industry, it outperforms 42% of 551 stocks in the same industry.
In the last month ZNTL has a been trading in the 1.28 - 1.52 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, ZNTL does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. 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
1.16
1.65
We found 7 important support areas.
- Support @1.45 from a trend line in the daily time frame.
- A support zone ranging from 1.40 to 1.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1.37 to 1.37. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 1.34 to 1.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.22 from a trend line in the daily time frame.
- Support @1.19 from a horizontal line in the daily time frame.
- Support @1.17 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- Resistance @1.53 from a horizontal line in the weekly time frame.
- Resistance @1.63 from a horizontal line in the daily 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 | DOWN | NEGATIVE | The long term trend for ZNTL is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ZNTL is neutral. |
| ChartMill Relative Strength | 12.55 | NEGATIVE | ZNTL has a low relative strength, it was outperformed by 87.45% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ZNTL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ZNTL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ZNTL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 56 | NEUTRAL | The RSI value for ZNTL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ZNTL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 49.21 | NEUTRAL | The Stochastics value for ZNTL is a neutral value. |
| Average True Range in percent/ATR (20) | 5.69 | HIGH VOLATILITY | The high ATR as a percentage value for ZNTL suggests high volalility. |
| Average Directional Index/ADX (14) | 10.6 | NEGATIVE | The low ADX value for ZNTL suggests a weak or negative trend. |
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)
1.45
+0.07 (+5.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg5.07%
1 Week5.07%
2 Weeks-1.36%
1 Month5.84%
3 Month17.89%
6 Month-24.48%
12 Month-51.67%
2 Year-94.54%
3 Year-94.59%
5 Year-95.78%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%5.69%
ATR Inc24.67%
Range Today0.14
ADR(20)0.08
ADR(20)%5.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.55
Mansfield-4.2
10 Day High1.5
10 Day Low1.31
20 Day High1.52
20 Day Low1.29
52 Week High5.44
52 Week Low1.01
CS1 End1.45
CR1 Start1.53
Volume & EV
DER(3)-9.75%
DER(5)-2.9%
Volume1.14M
Volume Incr-26.98%
Vol(5)562.76K
Vol(50)1.02M