We assign a technical rating of 1 out of 10 to ZVRA. ZVRA has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Although the technical rating is bad, ZVRA does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 8.72. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 8.32, a Stop Loss order could be placed below this zone.
More info and screens
6.85
When analyzing the support we can see 4 important areas.
- A support zone ranging from 8.27 to 8.32. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @8.07 from a trend line in the weekly time frame.
- A support zone ranging from 7.61 to 7.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @6.92 from a horizontal line in the weekly time frame.
4 important resistance areas can be observed.
- A resistance zone ranging from 8.72 to 8.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @9.96 from a trend line in the weekly time frame.
- Resistance @11.18 from a trend line in the daily time frame.
- Resistance @12.13 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 ZVRA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ZVRA is down. |
| ChartMill Relative Strength | 58.41 | NEUTRAL | ZVRA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of ZVRA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of ZVRA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of ZVRA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 41.17 | NEUTRAL | The RSI value for ZVRA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests ZVRA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 31.38 | NEUTRAL | The Stochastics value for ZVRA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.62 | HIGH VOLATILITY | The high ATR as a percentage value for ZVRA suggests high volalility. |
| Average Directional Index/ADX (14) | 22.23 | NEUTRAL | The ADX value for ZVRA suggests a possible start of a new trend. |
8.45
-0.13 (-1.52%)
ZEVRA THERAPEUTICS INC / ZVRA FAQ
What is the technical rating for ZVRA stock?
ChartMill assigns a technical rating of 1 / 10 to ZVRA.
What is the current trend direction of ZEVRA THERAPEUTICS INC (ZVRA) stock?
The current trend direction for ZEVRA THERAPEUTICS INC (ZVRA) is Bearish.
What is the RSI signal for ZVRA stock?
ZEVRA THERAPEUTICS INC (ZVRA) has an RSI value of 41.1653. This indicates that the stock is currently neutral.
What is the MACD signal for ZVRA stock?
The MACD indicator for ZEVRA THERAPEUTICS INC (ZVRA) has a value of 0.0312085, indicating a bearish trend.
What is the short term momentum for ZEVRA THERAPEUTICS INC (ZVRA) stock?
The short term momentum for ZEVRA THERAPEUTICS INC (ZVRA) is negative.