CLEANCORE SOLUTIONS INC-CL B (ZONE) Technical Analysis
NYSEARCA:ZONE • US1844921064
Current stock price
ZONE Technical Rating and Analysis
We assign a technical rating of 3 out of 10 to ZONE. In the past year, ZONE 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.
- When comparing the yearly performance of all stocks, ZONE is a bad performer in the overall market: 74% of all stocks are doing better.
- ZONE is one of the lesser performing stocks in the Machinery industry. 64% of 131 stocks in the same industry do better.
- ZONE is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so ZONE is lagging the market.
- ZONE has an average volume of 2458130 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
- In the last month ZONE has a been trading in the 0.28 - 0.47 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
ZONE Weekly and Daily overview Charts
ZONE Setup Rating and Analysis
Although the technical rating is bad, ZONE does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
ZONE Support and Resistance Analysis
0.23
When analyzing the support we can see 3 important areas.
- A support zone ranging from 0.35 to 0.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.27 from a trend line in the weekly time frame.
- Support @0.23 from a horizontal line in the daily time frame.
5 important resistance areas can be observed.
- Resistance @0.38 from a trend line in the daily time frame.
- Resistance @0.39 from a horizontal line in the weekly time frame.
- Resistance @0.40 from a trend line in the daily time frame.
- Resistance @0.42 from a horizontal line in the daily time frame.
- Resistance @0.43 from a horizontal line in the daily time frame.
ZONE Technical Indicator Signal Analysis
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 | UP | POSITIVE | The short term trend for ZONE is up. |
| ChartMill Relative Strength | 26.22 | NEGATIVE | ZONE has a low relative strength, it was outperformed by 73.78% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ZONE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ZONE is above 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) | 52.28 | NEUTRAL | The RSI value for ZONE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests ZONE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 45.92 | NEUTRAL | The Stochastics value for ZONE is a neutral value. |
| Average True Range in percent/ATR (20) | 14.1 | HIGH VOLATILITY | The high ATR as a percentage value for ZONE suggests high volalility. |
| Average Directional Index/ADX (14) | 43.64 | POSITIVE | The high ADX value value for ZONE suggests a strong trend. |
ZONE Chart- and CandleStick Pattern Analysis
ZONE Technicals: Chart, Performance Metrics, Trend & Indicators
0.3629
-0.01 (-1.84%)
CLEANCORE SOLUTIONS INC-CL B / ZONE TA FAQ
What is the technical rating for ZONE stock?
ChartMill assigns a technical rating of 3 / 10 to ZONE.
What is the trend direction for ZONE stock?
The current trend direction for CLEANCORE SOLUTIONS INC-CL B (ZONE) is Bearish.
Can you provide the RSI signal for CLEANCORE SOLUTIONS INC-CL B?
CLEANCORE SOLUTIONS INC-CL B (ZONE) has an RSI value of 52.2824. This indicates that the stock is currently neutral.
What is the short term momentum for ZONE stock?
The short term momentum for CLEANCORE SOLUTIONS INC-CL B (ZONE) is positive.
What is the buy/sell signal for CLEANCORE SOLUTIONS INC-CL B (ZONE) stock?
The buy/sell signal for CLEANCORE SOLUTIONS INC-CL B (ZONE) is hold as the short term and long term trends are mixed.