ZURA BIO LTD (ZURA) Stock Technical Analysis
USA - NASDAQ:ZURA - KYG9TY5A1016 - Common Stock
We assign a technical rating of 9 out of 10 to ZURA. Both in the recent history as in the last year, ZURA has proven to be a steady performer, scoring decent points in every aspect analyzed.
ZURA has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. We notice that large players showed an interest for ZURA in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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2.03
3 important support areas can be observed.
- A support zone ranging from 3.20 to 3.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.41 from a trend line in the daily time frame.
- Support @2.05 from a trend line in the daily time frame.
We found 1 important resistance area.
- Resistance @4.16 from a horizontal 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 ZURA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ZURA is up. |
| ChartMill Relative Strength | 91.96 | POSITIVE | ZURA has a high relative strength, it outperformed 91.96% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of ZURA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ZURA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ZURA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.32 | NEUTRAL | The RSI value for ZURA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests ZURA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.45 | NEUTRAL | The Stochastics value for ZURA is a neutral value. |
| Average True Range in percent/ATR (20) | 13.14 | HIGH VOLATILITY | The high ATR as a percentage value for ZURA suggests high volalility. |
| Average Directional Index/ADX (14) | 35.54 | POSITIVE | The high ADX value value for ZURA suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 4.17 | 3.19 | 0.98 (23.50%) | 4.26% |
| An entry @4.17. This is a Buy Stop order right above the resistance zone. | An exit @3.19. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.98 points, which is 23.50%. | When investing 4.26% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
3.69
+0.33 (+9.82%)
ZURA BIO LTD / ZURA FAQ
Can you provide the ChartMill technical rating for ZURA BIO LTD?
ChartMill assigns a technical rating of 9 / 10 to ZURA.
What is the trend direction for ZURA stock?
The current trend direction for ZURA BIO LTD (ZURA) is Bullish.
Can you provide the RSI signal for ZURA BIO LTD?
ZURA BIO LTD (ZURA) has an RSI value of 57.3186. This indicates that the stock is currently neutral.
What is the short term momentum for ZURA stock?
The short term momentum for ZURA BIO LTD (ZURA) is positive.
What are the support and resistance levels for ZURA BIO LTD (ZURA) stock?
ZURA BIO LTD (ZURA) has a support level at 3.2 and a resistance level at 4.16. Check the full technical report for our detailed analysis of ZURA support and resistance levels.