ZENTALIS PHARMACEUTICALS INC (ZNTL) Technical Analysis
NASDAQ:ZNTL • US98943L1070
Overall ZNTL gets a technical rating of 9 out of 10. Both in the recent history as in the last year, ZNTL has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- ZNTL is part of the Biotechnology industry. There are 519 other stocks in this industry. ZNTL outperforms 85% of them.
- In the last month ZNTL has a been trading in the 2.10 - 3.13 range, which is quite wide. It is currently trading near the high of this range.
- ZNTL has an average volume of 1470520 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Looking at the yearly performance, ZNTL did better than 96% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
- ZNTL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ZNTL is lagging the market.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although ZNTL has an excellent technical rating, it does not offer a high 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
1.29
3 important support areas can be observed.
- Support @2.26 from a trend line in the daily time frame.
- Support @2.21 from a horizontal line in the daily time frame.
- Support @1.30 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @3.07 from a horizontal line in the daily time frame.
- Resistance @3.68 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 | UP | POSITIVE | The long term trend for ZNTL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ZNTL is up. |
| ChartMill Relative Strength | 96.08 | POSITIVE | ZNTL has a high relative strength, it outperformed 96.08% 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) | UP | POSITIVE | The current price of ZNTL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.6 | NEUTRAL | The RSI value for ZNTL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests ZNTL has a positive trend. |
| Stochastics (14,3) | 80.98 | OVERBOUGHT | The high Stochastics value suggests ZNTL may be overbought. |
| Average True Range in percent/ATR (20) | 7.46 | HIGH VOLATILITY | The high ATR as a percentage value for ZNTL suggests high volalility. |
| Average Directional Index/ADX (14) | 20.32 | NEUTRAL | The ADX value for ZNTL suggests a possible start of a new trend. |
ZNTL Technicals: Chart, Performance Metrics, Trend & Indicators
2.96
-0.1 (-3.27%)
ZENTALIS PHARMACEUTICALS INC / ZNTL FAQ
What is the ChartMill technical rating of ZENTALIS PHARMACEUTICALS INC (ZNTL) stock?
ChartMill assigns a technical rating of 9 / 10 to ZNTL.
What is the current trend direction of ZENTALIS PHARMACEUTICALS INC (ZNTL) stock?
The current trend direction for ZENTALIS PHARMACEUTICALS INC (ZNTL) is Bullish.
Can you provide the RSI signal for ZENTALIS PHARMACEUTICALS INC?
ZENTALIS PHARMACEUTICALS INC (ZNTL) has an RSI value of 61.5981. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ZENTALIS PHARMACEUTICALS INC?
The MACD indicator for ZENTALIS PHARMACEUTICALS INC (ZNTL) has a value of 0.0539491, indicating a bearish trend.
Can you provide the support and resistance levels for ZENTALIS PHARMACEUTICALS INC?
ZENTALIS PHARMACEUTICALS INC (ZNTL) has a support level at 2.26 and a resistance level at 3.07. Check the full technical report for our detailed analysis of ZNTL support and resistance levels.