ZURA BIO LTD (ZURA) Stock Technical Analysis
NASDAQ:ZURA - Nasdaq - KYG9TY5A1016 - Common Stock - Currency: USD
We assign a technical rating of 6 out of 10 to ZURA. In the last year, ZURA was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
87% of all other stocks performed better in the past year than ZURA.
ZURA is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month ZURA has a been trading in the 1.00 - 2.18 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
ZURA is part of the Biotechnology industry. There are 556 other stocks in this industry, ZURA did better than 47% of them.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
ZURA has an average technical rating and it also 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
1.02
2.90
When analyzing the support we can see 3 important areas.
- Support @1.35 from a trend line in the daily time frame.
- Support @1.08 from a trend line in the daily time frame.
- Support @1.03 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @1.91 from a horizontal line in the weekly time frame.
- Resistance @2.87 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 | NEUTRAL | NEUTRAL | The long term trend for ZURA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ZURA is up. |
| ChartMill Relative Strength | 13.25 | NEGATIVE | ZURA has a low relative strength, it was outperformed by 86.75% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ZURA is above 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) | DOWN | NEGATIVE | The current price of ZURA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 66.15 | NEUTRAL | The RSI value for ZURA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests ZURA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 79.38 | NEUTRAL | The Stochastics value for ZURA is a neutral value. |
| Average True Range in percent/ATR (20) | 8.7 | HIGH VOLATILITY | The high ATR as a percentage value for ZURA suggests high volalility. |
| Average Directional Index/ADX (14) | 26.8 | POSITIVE | The high ADX value value for ZURA suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
1.72
-0.19 (-9.95%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-9.95%
1 Week32.31%
2 Weeks56.36%
1 Month52.21%
3 Month25.55%
6 Month0%
12 Month-55.78%
2 Year-75%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.17
ATR(20)%8.7%
ATR Inc123.2%
Range Today0.27
ADR(20)0.15
ADR(20)%8.54%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.25
Mansfield-3.29
10 Day High2.18
10 Day Low1.08
20 Day High2.18
20 Day Low1
52 Week High5.07
52 Week Low0.97
CS1 End1.35
CR1 Start1.91
Volume & EV
DER(3)-1.7%
DER(5)-4.12%
Volume718.80K
Volume Incr261.12%
Vol(5)2.53M
Vol(50)833.13K