ZYVERSA THERAPEUTICS INC (ZVSA) Stock Technical Analysis
NASDAQ:ZVSA - Nasdaq - US98987D3008 - Common Stock - Currency: USD
Taking everything into account, ZVSA scores 3 out of 10 in our technical rating. In the past year, ZVSA was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
96% of all other stocks performed better in the past year than ZVSA.
ZVSA is part of the Biotechnology industry. There are 559 other stocks in this industry, of which 76% are performing better than ZVSA.
ZVSA is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
ZVSA has an average volume of 4619250 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month ZVSA has a been trading in the 0.49 - 0.80 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
ZVSA has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. We notice that large players showed an interest for ZVSA in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.63
1.23
When analyzing the support we notice one important area.
- A support zone ranging from 0.64 to 0.66. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
2 important resistance areas can be observed.
- Resistance @1.06 from a trend line in the daily time frame.
- Resistance @1.22 from a trend 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 ZVSA is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ZVSA is up. |
| ChartMill Relative Strength | 4.22 | NEGATIVE | ZVSA has a low relative strength, it was outperformed by 95.78% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ZVSA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ZVSA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of ZVSA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 61.81 | NEUTRAL | The RSI value for ZVSA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests ZVSA has a positive trend. |
| Stochastics (14,3) | 69.72 | NEUTRAL | The Stochastics value for ZVSA is a neutral value. |
| Average True Range in percent/ATR (20) | 9.84 | HIGH VOLATILITY | The high ATR as a percentage value for ZVSA suggests high volalility. |
| Average Directional Index/ADX (14) | 40.7 | POSITIVE | The high ADX value value for ZVSA 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)
0.7285
+0.03 (+3.77%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg3.77%
1 Week12.91%
2 Weeks10.56%
1 Month44.6%
3 Month-7.77%
6 Month-30.63%
12 Month-86.12%
2 Year-99.15%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%9.84%
ATR Inc-18.46%
Range Today0.09
ADR(20)0.07
ADR(20)%9.74%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.22
Mansfield-6.07
10 Day High0.8
10 Day Low0.59
20 Day High0.8
20 Day Low0.49
52 Week High6.3
52 Week Low0.47
CS1 End0.66
CR1 Start1.06
Volume & EV
DER(3)6.94%
DER(5)-0.84%
Volume1.12M
Volume Incr-18.08%
Vol(5)854.72K
Vol(50)4.62M