Zoom Technologies (ZOOM) Technical Analysis
NASDAQ:ZOOM
Current stock price
ZOOM Technical Rating and Analysis
Overall ZOOM gets a technical rating of 1 out of 10. ZOOM's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- When comparing the yearly performance of all stocks, ZOOM is a bad performer in the overall market: 70% of all stocks are doing better.
- ZOOM 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 ZOOM is lagging the market.
- In the last month ZOOM has a been trading in the 2.60 - 3.01 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been consolidating recently, but much resistance may still be present above.
- Warning: ZOOM has an average volume of 13001 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Considerably lower volume is observed in the last couple of days.
ZOOM Weekly and Daily overview Charts
ZOOM Setup Rating and Analysis
The technical rating of ZOOM 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.
More info and screens
ZOOM Support and Resistance Analysis
2.63
We found 1 important support area.
- A support zone ranging from 2.66 to 2.70. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 3.12 to 3.13. This zone is formed by a combination of multiple trend lines in the daily time frame.
ZOOM 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 ZOOM is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for ZOOM is neutral. |
| ChartMill Relative Strength | 30.41 | NEUTRAL | ZOOM is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ZOOM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of ZOOM is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ZOOM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.04 | NEUTRAL | The RSI value for ZOOM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ZOOM has a positive trend. |
| Average True Range in percent/ATR (20) | 5.18 | HIGH VOLATILITY | The high ATR as a percentage value for ZOOM suggests high volalility. |
ZOOM Chart- and CandleStick Pattern Analysis
ZOOM Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:ZOOM (8/20/2014, 7:59:59 PM)
2.71
-0.06 (-2.17%)
Zoom Technologies / ZOOM TA FAQ
Can you provide the ChartMill technical rating for Zoom Technologies?
ChartMill assigns a technical rating of 1 / 10 to ZOOM.
What is the current trend direction of Zoom Technologies (ZOOM) stock?
The current trend direction for Zoom Technologies (ZOOM) is Bearish.
What is the RSI signal for Zoom Technologies (ZOOM) stock?
Zoom Technologies (ZOOM) has an RSI value of 49.038. This indicates that the stock is currently neutral.
Can you provide the MACD signal for Zoom Technologies?
The MACD indicator for Zoom Technologies (ZOOM) has a value of 0.0058067, indicating a bearish trend.
Can you provide the support and resistance levels for Zoom Technologies?
Zoom Technologies (ZOOM) has a support level at 2.7 and a resistance level at 3.12. Check the full technical report for our detailed analysis of ZOOM support and resistance levels.