USA - NYSEARCA:ZONE - US1844921064 - Common Stock
We assign a technical rating of 0 out of 10 to ZONE. ZONE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of ZONE 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.
0.39
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 ZONE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ZONE is down. |
| ChartMill Relative Strength | 0.38 | NEGATIVE | ZONE has a low relative strength, it was outperformed by 99.62% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ZONE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ZONE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ZONE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 21.97 | OVERSOLD | The low RSI value suggests ZONE may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests ZONE has a negative trend. |
| Stochastics (14,3) | 3.28 | OVERSOLD | The low Stochastics value suggests ZONE may be oversold. |
| Average True Range in percent/ATR (20) | 42.35 | HIGH VOLATILITY | The high ATR as a percentage value for ZONE suggests high volalility. |
| Average Directional Index/ADX (14) | 30.18 | POSITIVE | The high ADX value value for ZONE suggests a strong trend. |
0.3911
-0.02 (-4.66%)
ChartMill assigns a technical rating of 0 / 10 to ZONE.
The current trend direction for CLEANCORE SOLUTIONS INC-CL B (ZONE) is Bearish.
CLEANCORE SOLUTIONS INC-CL B (ZONE) has an RSI value of 21.9723. This indicates that the stock is currently oversold.
The MACD indicator for CLEANCORE SOLUTIONS INC-CL B (ZONE) has a value of -0.0159571, indicating a bearish trend.
The buy/sell signal for CLEANCORE SOLUTIONS INC-CL B (ZONE) is sell as both the short term and long term trends are negative.