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ZOVIO INC (ZVO) Stock Technical Analysis

NASDAQ:ZVO - Nasdaq - US98979V1026 - Common Stock - Currency: USD

0.0928  -0.03 (-22.67%)

After market: 0.085 -0.01 (-8.41%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to ZVO. ZVO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
99% of all other stocks performed better in the past year than ZVO.
ZVO is part of the Diversified Consumer Services industry. There are 71 other stocks in this industry, of which 80% are performing better than ZVO.
ZVO is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so ZVO is lagging the market.
In the last month ZVO has a been trading in the 0.08 - 0.34 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
ZVO has an average volume of 7750850 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
ZOVIO INC / ZVO Weekly stock chart
ZOVIO INC / ZVO Daily stock chart
Setup Rating and Analysis

1

The technical rating of ZVO is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

0.09

0.18

We can see 2 important resistance areas.

  • A resistance zone ranging from 0.15 to 0.15. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 0.18 to 0.18. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for ZVO is down.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for ZVO is down.
ChartMill Relative Strength1.97NEGATIVEZVO has a low relative strength, it was outperformed by 98.03% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of ZVO is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of ZVO is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of ZVO is below a declining SMA(200).
Relative Strength Index/RSI (14)28.6OVERSOLDThe low RSI value suggests ZVO may be oversold.
Moving Average Convergence Divergence/MACD (12, 26, 9)0NEGATIVEThe MACD value suggests ZVO has a negative trend.
Stochastics (14,3)6.28OVERSOLDThe low Stochastics value suggests ZVO may be oversold.
Average True Range in percent/ATR (20)41.57HIGH VOLATILITYThe high ATR as a percentage value for ZVO suggests high volalility.
Average Directional Index/ADX (14)36.92POSITIVEThe high ADX value value for ZVO suggests a strong trend.
Chart- and CandleStick Pattern Analysis
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)
ZOVIO INC / ZVO Daily stock chart

ZOVIO INC

NASDAQ:ZVO (11/9/2022, 8:00:02 PM)

After market: 0.085 -0.01 (-8.41%)

0.0928

-0.03 (-22.67%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryDiversified Consumer Services
Performance
% Chg-22.67%
1 Week-44.43%
2 Weeks-43.41%
1 Month-34.65%
3 Month-74.19%
6 Month-86.35%
12 Month-94.38%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%41.57%
ATR Inc26.82%
Range Today0.02
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.97
Mansfield-8.69
10 Day High0.22
10 Day Low0.08
20 Day High0.34
20 Day Low0.08
52 Week High1.72
52 Week Low0.08
CS1 EndN/A
CR1 Start0.15
Volume & EV
DER(3)-13.37%
DER(5)-16.05%
Volume5.16M
Volume Incr-84.94%
Vol(5)2.52M
Vol(50)7.75M