ZEVRA THERAPEUTICS INC (ZVRA) Stock Technical Analysis
NASDAQ:ZVRA - Nasdaq - US4884452065 - Common Stock - Currency: USD
Taking everything into account, ZVRA scores 9 out of 10 in our technical rating. In the last year, ZVRA was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that ZVRA is one of the better performing stocks in the market, outperforming 94% of all stocks.
ZVRA is one of the better performing stocks in the Pharmaceuticals industry, it outperforms 91% of 197 stocks in the same industry.
ZVRA is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so ZVRA is performing more or less in line with the market.
ZVRA is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Although ZVRA has an excellent technical rating, the quality of the presented setup is not ideal 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
4.11
8.95
When analyzing the support we can see 5 important areas.
- A support zone ranging from 8.19 to 8.32. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @7.36 from a trend line in the weekly time frame.
- Support @6.92 from a horizontal line in the weekly time frame.
- Support @4.41 from a trend line in the weekly time frame.
- Support @4.15 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 8.76 to 8.86. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The long term trend for ZVRA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ZVRA is up. |
| ChartMill Relative Strength | 94.94 | POSITIVE | ZVRA has a high relative strength, it outperformed 94.94% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ZVRA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ZVRA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ZVRA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.92 | NEUTRAL | The RSI value for ZVRA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ZVRA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 70.82 | NEUTRAL | The Stochastics value for ZVRA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.79 | MEDIUM VOLATILITY | The ATR as a percentage value for ZVRA suggests some volalility. |
| Average Directional Index/ADX (14) | 23.09 | NEUTRAL | The ADX value for ZVRA suggests a possible start of a new 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)
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 |
|---|---|---|---|
| 8.87 | 8.18 | 0.69 (7.78%) | 12.86% |
| An entry @8.87. This is a Buy Stop order right above the resistance zone. | An exit @8.18. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.69 points, which is 7.78%. | When investing 12.86% 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.
8.62
+0.29 (+3.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg3.48%
1 Week-0.46%
2 Weeks5.9%
1 Month17.6%
3 Month7.62%
6 Month-7.61%
12 Month85.38%
2 Year71.03%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.38
ATR(20)%4.79%
ATR Inc-24.09%
Range Today0.35
ADR(20)0.41
ADR(20)%4.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.94
Mansfield1.1
10 Day High8.91
10 Day Low7.9
20 Day High8.91
20 Day Low7.19
52 Week High9.76
52 Week Low4.2
CS1 End8.32
CR1 Start8.76
Volume & EV
DER(3)4.53%
DER(5)5.39%
Volume436.30K
Volume Incr-25.84%
Vol(5)444.54K
Vol(50)543.95K