ZEVIA PBC-A (ZVIA) Stock Technical Analysis
NYSE:ZVIA • US98955K1043
Taking everything into account, ZVIA scores 0 out of 10 in our technical rating. ZVIA'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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, ZVIA is a bad performer in the overall market: 95% of all stocks are doing better.
- ZVIA is part of the Beverages industry. There are 33 other stocks in this industry, of which 90% are performing better than ZVIA.
- ZVIA 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.
- ZVIA has an average volume of 1078960 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- In the last month ZVIA has a been trading in the 1.11 - 1.88 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of ZVIA 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
1.33
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 1.55 to 1.55. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @1.72 from a trend line in the daily time frame.
- Resistance @2.73 from a horizontal line in the daily 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 | DOWN | NEGATIVE | The long term trend for ZVIA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ZVIA is down. |
| ChartMill Relative Strength | 5.94 | NEGATIVE | ZVIA has a low relative strength, it was outperformed by 94.06% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ZVIA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ZVIA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ZVIA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 28.63 | OVERSOLD | The low RSI value suggests ZVIA may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests ZVIA has a negative trend. |
| Stochastics (14,3) | 32.79 | NEUTRAL | The Stochastics value for ZVIA is a neutral value. |
| Average True Range in percent/ATR (20) | 8.03 | HIGH VOLATILITY | The high ATR as a percentage value for ZVIA suggests high volalility. |
| Average Directional Index/ADX (14) | 38.18 | POSITIVE | The high ADX value value for ZVIA suggests a strong trend. |
1.34
-0.01 (-0.74%)
ZEVIA PBC-A / ZVIA FAQ
What is the ChartMill technical rating of ZEVIA PBC-A (ZVIA) stock?
ChartMill assigns a technical rating of 0 / 10 to ZVIA.
What is the trend direction for ZVIA stock?
The current trend direction for ZEVIA PBC-A (ZVIA) is Bearish.
What is the RSI signal for ZVIA stock?
ZEVIA PBC-A (ZVIA) has an RSI value of 28.632. This indicates that the stock is currently oversold.
What is the short term momentum for ZVIA stock?
The short term momentum for ZEVIA PBC-A (ZVIA) is negative.
What is the buy/sell signal for ZEVIA PBC-A (ZVIA) stock?
The buy/sell signal for ZEVIA PBC-A (ZVIA) is sell as both the short term and long term trends are negative.